Knowledge Hub

We are highly committed to practitioner relevant research, the creation and publication of ‘best practice’ and emerging ‘next practice’ in procurement. UK CIPS acknowledged this with the 2006 Swinbank Award for Procurement Innovation. We continue to publish and support practitioner communities worldwide.

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Icons guide you through four different types of content in the Knowledge Hub:

Major Reports
& Surveys

Practitioner Focused
Articles

CPO Communiqués
on Leadership

Insight Guides
on Best Practice

Please click on to any of the subjects below to access the 100+ articles and guides in our free Knowledge Hub.

Procurement Transformation:

explore why leaders and laggards differ by over 2:1 on every metric

Procurement Transformation:

examines opportunities for transformational cost reduction and supplier value maximisation in procurement.

Transform Your Supply Chain – Releasing Value in Business
Transform Your Supply Chain – Releasing Value in Business, Jon Hughes, Mark Ralf & Bill Michels. Published by International Thomson Business Press. This book provides comprehensive coverage of the rapidly emerging field of strategic procurement and strategic supplier management, as practiced by leading organisations worldwide.
 
Connecting Purchasing & Supplier Strategies to Shareholder Value
This executive briefing examines four themes: Identifying the pioneers: maximising sustainable shareholder value with suppliers. Maintaining momentum: catch up, performance improvement and best-in-class purchasing. Capturing & creating value: it’s time to take Supplier Relationship Management seriously. Securing the changes: development of future leaders, capabilities and competencies
 PDF Available  
Aligning Procurement to the Government’s Policy Goals
Future Purchasing and Henley Business School, University of Reading, outline their blueprint for public procurement reform. 2012.
 PDF Available  
Why Public Procurement is Central to the UK's Economic Performance
Argues for a radical refocusing of political policy and executive leadership on to a strategy for deficit reduction, service delivery and economic growth through transforming public procurement.
 PDF Available  
Exploiting the Strategic Power of Supply Management
Future Purchasing, in conjunction with CIPS, sponsored this research with Henley Business School, University of Reading. It is the first study of its kind to assess the degree of impact that procurement and supply management has on the bottom line of the business.
 PDF Available  
Reframing Procurement's Strategies, Priorities and Deliverables, Part 1: Benchmarking Performance against Ten Value Levers
An article that positions maximisation of value, minimisation of cost and balancing of risk as guiding propositions for procurement. It covers three main types of sourcing and supplier value management (SVM) initiatives as well as a tool for benchmarking procurement transformation. DILF Orientering [April 2011]
 PDF Available  
Reframing Procurement, Part 2: Accelerating Cost Down Initiatives - Unlocking the Missing 20%
The second article in the series focuses on how organisations are accelerating cost down initiatives to unlock the missing 20% of cost down opportunities. A 10x10 value lever framework is detailed for achieving this at the business organisational level, and at the sub-category and supplier level. DILF Orientering article [June 2011]
 PDF Available  
Reframing Procurement, Part 3: The Value of Value in Supplier Relationships
The third article in this series assesses the options for building different types of value from supplier relationships, and positions them in relation to ten levers capable of minimising cost, balancing risk and reward, and positioning procurement as a driver of relational value creation in both the private and public sector. DILF Orientering article [August 2011]
 PDF Available  
Reframing Procurement, Part 4: Market Interaction Strategies
The fourth article in the series argues that a market approach with greater cohesion between mutually dependent strategies – in relation to categories, suppliers and risk – will minimise the risk of inexpedient contracts and in turn, renegotiations and contract failures. [April 2012]
 PDF Available  
Reframing Procurement, Part 5: Performance Delivery and Strategic Capability Development
The fifth, and final, article in the series – produced by a worldwide collaboration team from Future Purchasing, Henley Business School University of Reading, Vantage Partners, DILF, Kairos and Archer Mann – examines how to maintain momentum in procurement transformation through investment in leadership, processes and people. Value maximisation, cost minimisation and risk balancing cannot be achieved without building procurement’s strategic capability. This is the prime source of competitive advantage and the key to superior performance. [August 2012]
 PDF Available  
Next Level Procurement, Benchmarking the Journey to Best in Class Performance
Summarises 15 key differentiators of “Next Level” procurement peformance grouped around three fundamental enablers of leadership, processes and people. Integrates the views of leading European CPOs and their progress in pursuing the transformational journey detailed in the article. (December 2012)
 PDF Available  
Pulling Power: Six Performance Levers for Strategic Sourcing
To make strategic sourcing a core competence in your business, there are six performance levers you need to master. They are detailed in this CPO Agenda article (Spring 2005).
 PDF Available  
Managing the Matrix
Organisational design is a minefield for the unwary. Adopting a more systematic and authoritative approach is central to the success of CPOs and is covered in this CPO Agenda article (Winter 2005).
 PDF Available  
Public Sector Communiqué Issue 1, February 2013: Nine Actions to Secure Procurement Transformation
Summarises the written submission made to the Public Administration Select Committee (PASC) in the UK House of Commons on 22nd January 2013, and the oral evidence presented to the PASC by Jon Hughes, Chairman of Future Purchasing.
 PDF Available  
CPO Communiqué: High Performance Pharma Procurement: Business Cases and Road Maps for Change
Highlights typical responses of leading CPOs to the necessary reinvention of the pharmaceutical business model.
Sector Analysis: Pharmaceuticals Industry
 PDF Available  
CPO Communiqué: Leadership and the Value Levers
Summarises four internal and six external levers for maximising value delivery. This provides the guiding framework for the CPO Communiqué:
Case Study: Lehman Brothers.
 PDF Available  
CPO Communiqué: Don't Waste a Crisis
Examines survival and business development initiatives in procurement throughout the financial crisis.
Case Study: Taylor Woodrow.
 PDF Available  
CPO Communiqué: Strategy as Process: Balancing Quick Wins with a Strategic Approach
Highlights seven ways of making procurement strategy creation a more powerful value lever.
Case Study: Procter & Gamble.
 PDF Available  
CPO Communiqué: Strategy as Behaviour: Creation and Deployment of Successful Mid-Term Procurement Strategy
Covers five broad competencies and relates them to effective strategy and leadership behaviour.
Case Study: Diageo.
 PDF Available  
CPO Communiqué: Boom, Bust and Beyond
Reviews the economic crisis, prospects for the new decade and ten resolutions for procurement action.
Case Study: Toyota.
 PDF Available  
CPO Communiqué: Consortia & Collaboration, Part 1: Different Consortia, Purpose & Deliverables
Highlights the role of procurement consortia in leveraging spend, process and capability.
Case Study: BMW.
 PDF Available  
CPO Communiqué: Consortia & Collaboration, Part 2: Change the Operating Model: Unlock the Value
Uses different types of consortia and collaborative structures to highlight substantial value capture.
Case Study: Deutsche Telekom & France Telecom.
 PDF Available  
CPO Communiqué: Consortia & Collaboration, Part 3: Performance Enablers vs. Limiting Factors
Balances critical success factors with potential limiting factors in making procurement consortia work effectively.
Case Study: 21st Century Supply Chains.
 PDF Available  
Insight Guide: Three Phases of Change in Procurement
Builds on a framework for change management maturity and examines performance improvement and strategic value capture within an integrated approach.
 PDF Available  
Insight Guide: Make-Buy: Opening up the Options for Procurement Operating Models
Considers the need for procurement leaders to align their teams and operating models to strategy and the maximisation of shareholder value.
 PDF Available  
Procurement Leadership:

covers best practices for strengthening, re-energising and professionalising high performance leadership teams.

Leadership at the Crossroads
The capabilities required for world-class procurement are changing significantly. They call for a very different leadership profile that is explored in this CPO Agenda article (Autumn 2006)
 PDF Available  
CPO's First 100 Days
Outlines ten approaches that can ensure a CPO builds the right platform to secure a mandate for change during their first 100 days. Procurement Leaders article (2010).
 PDF Available  
Leadership & Talent Management: Delivering Against the Promise: Next Generation Skills & Capabilities
This major report and CPO briefing was developed from a comprehensive survey of participants at an international forum, and contains guiding frameworks on the nature of procurement leadership and talent management relevant to all organisations.
 PDF Available  
CPO Communiqué: The CPOs First 100 Days
Covers ten early approaches that secure permission for procurement change.
Case Study: Lundbeck.
 PDF Available  
CPO Communiqué: New Leadership Profiles: Critical Behaviours and Competencies
Provides an assessment and coaching framework around five leadership competencies and an example from key account management.
Case Study: Deutsche Post DHL.
 PDF Available  
CPO Communiqué: Conscious (In) Competence: State of the Art on Competence Assessment
Reviews the state of the art of procurement competence assessment and five emerging trends in its application.
Case Study: LEGO.
 PDF Available  
CPO Communiqué: Re-energising Procurement Leadership Teams
Deals with five dysfunctions of teams and coaching interventions to address them.
Case Study: BT.
 PDF Available  
Insight Guide: Developing Next Generation Leaders
Focuses on the influencing challenge and emerging role profile for pivotal leaders in procurement.
 PDF Available  
Insight Guide: Authenticity in Procurement Leadership
Provides a self assessment on authenticity in leadership for procurement professionals.
 PDF Available  
Cost Reduction:

assess the opportunity for rapid cost savings as well as strategic cost down projects

Cost Reduction:

shows how to secure breakthrough levels of cost reduction and supplier performance in a sustainable way.

CPO Communiqué: Cost Management, Part 1: Opportunity Analysis
Examines opportunity analysis as a starting point for building cost management capability.
Case Study: Compass Group.
 PDF Available  
CPO Communiqué: Cost Management, Part 2: The Journey of Cost Transformation
Tracks six core themes underpinning cost transformation vs. tactical cost management.
Case Study: IBM.
 PDF Available  
CPO Communiqué: Cost Management, Part 3: Radical Restructuring of a Cost Base
Explores six broad interventions for radically restructuring a cost base.
Case Study: Efficiency & Reform Group, UK Public Sector.
 PDF Available  
CPO Communiqué: Cost Management, Part 4: Framework for Cost Down & Value Up
Summarises cost down and value up levers for integration into business change and sourcing strategy.
Case Study: Siemens.
 PDF Available  
CPO Communiqué: Cost Management, Part 5: Structuring a 20% Cost Down Programme
Argues for well structured strategic cost innovation projects rather than tactical and often inept price down campaigns.
Case Study: Serco.
 PDF Available  
CPO Communiqué: Cost Management, Part 6: Next Generation Cost Management Skills
Demonstrates the need for next generation cost management skills and provides practical pointers on best practice training design.
Case Study: Henkel.
 PDF Available  
CPO Communiqué: Cost Management, Part 7: Volatile Commodity Price Risk Management
Covers three critical capabilities needed to deal effectively with volatile commodity price risk management.
Case Study: Kairos.
 PDF Available  
CPO Communiqué: Cost Management Part 8
Draws together the series on cost management by arguing for deeper cultural change to sustain procurement transformations.
Case Study: Thames Water.
 PDF Available  
Insight Guide: Hitting 2012 Savings Targets
Looks at the range of value levers that can be used to help hit ‘in year’ 2012 savings targets by delivering a rapid run rate
 PDF Available  
Insight Guide: The Nine Major Cost & Value Options
Summarises in an easy-to-use checklist nine broad cost and value options, together with 27 initiatives that are under way in companies worldwide, which are making procurement a core business competence.
 PDF Available  
Insight Guide: Driving UP Value While Driving Down Cost
Emphasises the need to link cost management initiatives with value capture and value creation.
 PDF Available  
Insight Guide: Accelerated Savings Delivery From Sourcing
Captures the approaches used by companies to drive short terms savings from sourcing and category management.
 PDF Available  
Insight Guide: Getting To Grips With Cost Management
Outlines how to develop a cost management framework for action to accelerate the delivery of benefits.
 PDF Available  
Insight Guide: Application of Cost Management Tools
Covers the range of cost management tools that procurement teams need to apply to achieve their performance delivery targets.
 PDF Available  
Insight Guide: Accelerated Savings Delivery From SRM
SRM techniques to close the value gap between the original sourcing promise and the implemented reality in the business.
 PDF Available  
Insight Guide: Driving Delivery From Your Project Pipeline
Outlines the seven steps needed to ensure the pipeline of category projects delivers against their objectives in a timely fashion.
 PDF Available  
Insight Guide: Cost Management Skills Development
Focuses on the typical skills that people need to effectively implement cost management, and practical approaches to embed these skills.
 PDF Available  
Category Management:

design, adopt and apply this heartland process of modern procurement

Category Management:

argues that successful adoption of a fast, flexible process is a core competence of procurement.

Category Management report part 3
In Part 3 we share findings that cover LEARN building block i.e. the way that organisations train and educate their staff in using the Category Management process and toolkit in the most effective way.
 PDF Available  
Category management report part 2
In Part 2 we share findings that cover the BUILD i.e. the initial design and creation of the core Category Management process and toolkit
 PDF Available  
Category Management Report Part 1
The 2012 Category Management survey provides detailed insight into the best practices that differentiate Category Management Leaders from Followers. We have designed the report in a modular format based on the FP Category Management Building Blocks.
 PDF Available  
FP Category Management Survey 2012 – Key Findings
This one page summary provides some of the key headlines and statistics from the 2012 Category Management Survey – including: the additional value available from optimising category management, level of spend covered by category strategies and the proportion of respondents that consider themselves as Category Management Leaders.
 PDF Available  
Refreshing the Category Management Process
Category management has been the cornerstone of procurement excellence for more than a decade, but in many firms it has lost touch with business needs. This CPO Agenda article (Spring 2009) covers how premium drinks maker Diageo put some fizz back into a universal practice.
 PDF Available  
Five Laws of Category Management
This DILF Orientering article (October 2010) outlines five critical success factors of category management including internal alignment, careful planning, stakeholder outcomes, good programme governance, and a well trained team.
 PDF Available  
CPO Communiqué: Quick Wins & Speed Sourcing: Productivity & Demonstrable Results
CPOs regularly revisit quick wins with their teams. This Communiqué: describes the key steps.
Case Study: LG Electronics.
 PDF Available  
CPO Communiqué: Five Laws of Category Management
Category management is the heartland process of modern professional procurement. Here are five golden rules.
Case Study: GSK.
 PDF Available  
Insight Guide: Category Management & Sourcing Strategy: Using Source Plans as Business Plans
Emphasises the role of structured source planning as a critical building block of procurement competence and distinguishes between three types of plan.
 PDF Available  
Insight Guide: Embedding Strategic Sourcing in the Organisation
Highlights the critical success factors for successful implementation of strategic sourcing.
 PDF Available  
Insight Guide: Measuring the Success of Category Management
Focuses on the indicators of world class category management capability that lead to successful change programmes in procurement.
 PDF Available  
Insight Guide: Engaging Stakeholders and Creating a Pipeline of Sourcing Projects
Covers the formalisation of the category planning approach in order to build a category wave plan.
 PDF Available  
Insight Guide: Maximising Value from Category Management: First Law
Outlines the typical sources and levers of value which can be achieved from category management through full internal alignment.
 PDF Available  
Insight Guide: Proactively Managing Change in Category Management: Second Law
Outlines the typical issues that need to be proactively managed by Procurement teams in order to drive successful category management.
 PDF Available  
Insight Guide: Outcomes Led Approach to Category Management: Third Law
Identifies the key factors to move from a traditional procurement approach to an outcomes led category management approach.
 PDF Available  
Insight Guide: Programme Governance in Category Management: Fourth Law
Outlines the critical success factors for good programme governance in category management.
 PDF Available  
Insight Guide: Critical Category Management Activities: Fifth Law
Identifies the 15 critical activities that need to be managed persistently, robustly and successfully within a “best in class” category management process.
 PDF Available  
Insight Guide: Lean Category Management, Part 1
Describes how to apply lean thinking to the development of a category management process.
 PDF Available  
Insight Guide: Lean Category Management, Part 2
Summarises the implications for applying lean principles to building and applying category management processes.
 PDF Available  
Insight Guide: Category Management – Avoiding Savings Leakage
Identifies ways that procurement teams can reduce the 40% difference between their claimed savings and the actual realised value.
 PDF Available  
Insight Guide: Updating & Refreshing Category Management Processes
Outlines 10 guiding principles to follow when updating and refreshing a category management process.
 PDF Available  
Insight Guide: Flexible Application of Category Management Process
Identifies how to use technology to provide different routes through the category management process, ensuring it can be applied to all categories and suppliers.
 PDF Available  
Insight Guide: Project Management Tools for Category Management
Details the five project management tools that are essential for keeping category management projects on track.
 PDF Available  
Insight Guide: Creating a Category Management Dashboard
Outlines the typical approaches used and issues encountered with sourcing scorecards.
 PDF Available  
Insight Guide: Importance of Governance in Category Management
Provides a typical governance structure for strategic sourcing projects and seven keys to success.
 PDF Available  
Insight Guide: Five Building Blocks of Category Management
Provides a summary of the five building blocks for best practice category management.
 PDF Available  
Insight Guide: Ten Ways to Improve Strategic Sourcing
Provides some pointers to making sourcing strategy more strategic, while addressing ten structural weaknesses that Future Purchasing has identified within major companies.
 PDF Available  
Insight Guide: Creating World-class Sourcing Strategies
Outlines the key content for a world class sourcing strategy and the enablers for strategy development.
 PDF Available  
Supplier Management:

targets performance improvement and breakthrough transformation with major suppliers.

Business Relationship Management: The Four Faces of Building Value with Strategic Suppliers
This report summarises the outputs from the "value builder" survey that covered a large number of both buy side and sell side people involved in strategic supplier management in the private and public sectors.
 PDF Available  
Value Delivered by Strategic SRM in Major Organisations
This report contains the key findings, from joint research by Future Purchasing in the UK and Vantage Partners in the US, into the value created by SRM. It is built on interviews with a wide range of multi-national companies who are seen as leaders in the application of SRM.
 PDF Available  
Unlocking the Value of Collaboration with Strategic Suppliers
New global research indicates that working closely with strategic suppliers can yield significant value. The key issue is how to harvest it in practice and this is covered in this CPO Agenda article (Winter 2007/8).
 PDF Available  
Strategic Relationships
How effectively you interact with your key suppliers can have a powerful impact on business performance. This Supply Chain Management Review article (April 2008) focuses on strategic supplier relationship management and how to implement it successfully in the business.
 PDF Available  
Building the Case for SRM
Many organisations struggle to get maximum value out of supplier relationship management programmes. This CPO Agenda article (Autumn 2009), based on joint research by Future Purchasing and Henley Business School, University of Reading, explores ways to capture and measure the value.
 PDF Available  
Supplier Relationship Management 2.0
SRM is undergoing fundamental change and professionalisation as it evolves into a standalone process, the equal of strategic sourcing. This is SRM 2.0, and the implications of the change are detailed in the DILF Orientering article (February 2007).
 PDF Available  
Negotiating with Strategic Partners
Getting optimum value from major suppliers requires a more sophisticated approach to negotiation skills and behaviour. This CPO Agenda article (Autumn 2007) provides insights into strategic negotiation behaviours.
 PDF Available  
CPO Communiqué: Strategic Supplier Management, Part 1: SRM in its Infancy
Highlights key findings from the Future Purchasing & Vantage Partners study into SRM value delivery.
Case Study: BBC.
 PDF Available  
CPO Communiqué: Strategic Supplier Management, Part 2: The Business Case for SRM
Outlines eight recommendations for building a business case and demonstrating the value of SRM.
Case Study: Future Purchasing and Vantage Partners' SRM Research.
 PDF Available  
CPO Communiqué: Strategic Supplier Management, Part 3: The Value of Value
Examines four SRM value enablers as well as value capture through reduced costs, increased revenue and reduced risk exposure.
Case Study: American Airlines.
 PDF Available  
CPO Communiqué: Strategic Supplier Management, Part 4: Organising for SRM
Looks at timescales, ownership, structure, accountability, resource requirements and key change management levers of SRM.
Case Study: Global Oil Major.
 PDF Available  
Insight Guide: Segmentng Suppliers and Relationships: Critical Frameworks for Managing Supplier Strategy
Systematises five broad supplier initiatives covering different types of suppliers. Identifies relationship factors that can be used to assess these supplier types
 PDF Available  
Insight Guide: Creating & Capturing Value with Suppliers
Throughout the work of Future Purchasing, we find that organisations talk about value but don’t take appropriate actions to capture it. This Insight Guide provides a framework connecting supplier value to its financial impact.
 PDF Available  
Insight Guide: Making SRM Happen - the Ten Change Levers
Highlights the benefits available from SRM; the need to develop a strategy, process and change plan for successful implementation; and provides a framework to assess "SRM change readiness".
 PDF Available  
Insight Guide: Developing Skills in Supplier Relationship Management
Compares the SRM skills needed by procurement professionals with their sourcing competencies and identifies actions to address the skills shortfall.
 PDF Available  
Insight Guide: Value Delivered by SRM
Summarises the ten key findings from Future Purchasing’s 2009 SRM value study.
 PDF Available  
Risk Management & Sustainability:

reviews the emerging field of enterprise-wide risk management.

Equipped for a Bumpy Ride: Commodity Risk Management
A sustained period of volatility in commodity markets demands that procurement develop a more disciplined approach to managing cost risk. CPO Agenda article (Autumn 2008).
 PDF Available  
CPO Communiqué: Risk Management, Part 1: Enterprise-Wide Strategy as the Starting Point
Provides a 20-point checklist for aligning procurement practice to enterprise-wide risk management.
Case Study: Procter & Gamble and Ryanair.
 PDF Available  
CPO Communiqué: Risk Management, Part 2: Six Major Risk Management Strategies
Covers six major generic risk management strategies, together with three examples of each.
Case Study: Hewlett Packard.
 PDF Available  
CPO Communiqué: Risk Management, Part 3: Addressing Supplier Insolvency & Disruption Risks
Argues for a strengthening of procurement risk management at a time of worsening macro-economic trends due to deficit reduction and unsustainable sovereign debt.
Case Study: Tetra Pak.
 PDF Available  
CPO Communiqué: Risk Management, Part 4: Value at Risk (VaR): Methodology or Mind-Set?
Assesses the relevance of value at risk (VaR) methodologies and how best to apply them in procurement.
Case Study: BP.
 PDF Available  
CPO Communiqué: Risk Management, Part 5: Deep Values and Behaviour vs. Executional Practice
Draws together key operational risk management requirements as well as a number of deeper concerns about complacency over enterprise risk in the supply chain.
Case Study: Olympus
 PDF Available  
CPO Communiqué: Copenhagen (Dis)ac(cord)
Summarises the outcome of climate change negotiations and business leader reaction.
Case Study: Tesco & Wal-Mart.
 PDF Available  
CPO Communiqué: Sustainable Sourcing: Positioning Best Practice on a Value Curve
Positions sustainable sourcing on a performance value curve and benchmarks emerging practice.
Case Study: AkzoNobel.
 PDF Available  
CPO Communiqué: Responsible Sourcing
Continues the debate on sustainability and provides feedback on CPOs' views.
Case Study: Toyota.
 PDF Available  
Insight Guide: Risk Reduction Through SRM
Outlines how SRM is a key tool for reducing ongoing supply risk as well as reducing costs and maximising value.
 PDF Available  
Performance Learning:

redefine and strengthen the competencies of the procurement team