15 November 2007 | Paul Snell
Andrew Jacob, a global supply management professional with mining firm BHP Billiton in Australia, has won the CIPS Australia (CIPSA) essay competition.
Jacob's essay, "Procurement Evolution: The Next Frontier", focused on how the profession will develop in the future and what issues it will face. The essay competition invited entries from those working or studying in the profession.
Jacob explained five areas were critical to the profession's future: strategic alignment, supplier development, talent management, globalisation and sustainability. He argued that procurement teams need to find the balance between acting as business leaders and being reactive to the needs of the organisation. "[The future] demands an agile procurement capability that is able to adapt quickly to change," he said.
Jacob won AUS$2,000 (£887) and a trip to the CIPSA conference last month.
The winners of the inaugural CIPSA Procurement Professional awards have also been announced. They include British American Tobacco Australia for best cross-functional teamwork and BAE Systems for best people development.