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Seizing Today, Embracing Tomorrow

Seizing Today, Embracing Tomorrow. Seizing Today, Embracing Tomorrow. Peter Rushton – CIPS President 11 h May 2011. The Elephant in the room…. Seizing Today, Embracing Tomorrow. Seizing Today. The changing world. Seizing Today, Embracing Tomorrow.

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Seizing Today, Embracing Tomorrow

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  1. Seizing Today, Embracing Tomorrow Seizing Today, Embracing Tomorrow Peter Rushton – CIPS President 11h May 2011

  2. The Elephant in the room… Seizing Today, Embracing Tomorrow Seizing Today

  3. The changing world Seizing Today, Embracing Tomorrow G7US, Japan, Germany, UK, France, Italy, Canada E7 China, India, Brazil, Indonesia, Turkey, Russia, Mexico Sunday Times

  4. The changing world Seizing Today, Embracing Tomorrow 2010 2050

  5. Energy in crisis Seizing Today, Embracing Tomorrow • Fossil fuels are running out • “After 2015, supplies of easy to access oil and gas will no longer be able to keep up with demand” • CEO of Shell, Jan 2008

  6. Procurement & Supply is in the news Seizing Today, Embracing Tomorrow RELEVANT • Our profession is in the spotlight • The performance bar has been raised • Can we deliver & meet expectations?

  7. Organisational requirements are changing Seizing Today, Embracing Tomorrow Procurement Supply • Risk management • Logistics • Outsourcing • Globalisation – China price • Sustainability • Volatility in commodities & currencies • Collaboration • Reputation Value Proposition

  8. World Class Supply ROI Seizing Today, Embracing Tomorrow Return on InvestmentRatio of total expenditure cost savings to the cost of procurement effort, 2010 • 25% of CPO’s report directly to the CEO • Procurement is represented on 70% of all Boards of directors Source ; Cap Gemini consulting 176% Source: The Hackett Group, Chris Sawchuk, 2010

  9. The Elephant in the room… Seizing Today, Embracing Tomorrow Embracing Tomorrow

  10. Capturing the next generation of talent Seizing Today, Embracing Tomorrow • We ALL need to do more - • Educate • Promote • Win hearts and minds

  11. What can you offer me? Seizing Today, Embracing Tomorrow • Middle Manager pay better by 8% • Senior Manager pay better by 16% • Head of function pay better by 10% • Director pay better by 20% Y NOT?

  12. Thank you peter.rushton@optimumgroup.uk.com Tel 0844 800 2515 Mobile +44 7595 607792 The world’s largest procurement and supply professional organisation

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