Given the current inflationary environment, fending off supplier increases is becoming a key skill but selling on the market inflation to customers is also important and is often forgotten or assumed that it can't possibly be done. The key is not to get caught carrying the inflation yourself. As we move from deflationary times to inflationary ones maybe this will become much more common again.

Labels: deflationary, inflation, market

"If the planet were a business and the citizens of the world its customers, the executive board should be anxious." Dr Alan Knight (http://www.singleplanetliving.com)

To what extent do you think this is true and what initiatives are out there to try and face this "crisis?"

Labels: Corporate Responsibility, Sustainability

Prof. Richard Lamming has stated in many publications that the sourcing function of the future will be external to the buying company. Recently he said about the future of purchasing, "the identity and prices from better suppliers will be established by people external to the buying organisation." [Vendigital newsletter "Dynamic Procurement" edition 16.]

What do others think?

Labels: outsourcing purchasing - Prof. Lamming