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Introduction – Changes in the world, disruption, agility, new ways -- The future of procurement -- Digital in procurement -- Understanding customers and suppliers as key to unlock value -- Is Disruptive Procurement the new Purchasing Chessboard?- Outlook. .
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There’s a new buzz phrase in the air: Supplier Relationship Management (SRM). Corporate executives know it’s necessary, but there’s only one problem. Nobody yet knows how to do it. Or they think it’s all about bashing your vendors over the head until they reduce the price another 4%....
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In the novel The CPO: Transforming Procurement in the Real World, we meet Thomas Sutter, a German-American living in Dusseldorf and working as a procurement manager for a major global automobile manufacturer, Autowerke. On a chance encounter while flying to Chicago, he meets the CEO of...
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Engle's autoregressive conditional heteroscedasticity (ARCH) model has been used successfully to model volatility in modern financial data. Here the returns on 3% Consols traded on the London market from 1821 to 1860 are examined for timevarying conditional heteroscedasticity. The series...
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Since 1963, changes in the family composition of the US labor force explain more than half of the variability in US total factor productivity growth. Using the Current Population Survey Annual Social and Economic Supplement, we document the rise of two (and single) working-parent families in the...
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