The Chief Financial Officer has a significant role to part in the development and implementation of a strategic procurement philosophy. The functions that the procurement function performs – supplier management, sourcing and contract management – are often referred to as strategic procurement. However, by working in partnership with the procurement function, the CFO can better… Continue reading The role of the CFO in Strategic Procurement
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A Little Mistake That Cost a CFO £15m and Why I Suspect You May Be In Danger of Repeating It…
I bumped into an old colleague last week and we soon started talking about our respective ‘war stories’ – one of which I became fascinated with and want to share with you today. Mike was completing due diligence on a potential acquisition for one of his clients and was looking into the supply chain contracts… Continue reading A Little Mistake That Cost a CFO £15m and Why I Suspect You May Be In Danger of Repeating It…