The atmosphere at 155 Bishopsgate in London was buzzing yesterday as hundreds of procurement professionals gathered to hear more than 20 high-profile speakers address them at the CIPS Annual Conference.
On the theme 'A new procurement future - standards, ethics and innovation', delegates heard from keynote CIPS economist John Glen. He said emerging global economies, the UK's move away from making physical products towards becoming more of a service economy and a changing way of working with customers were all impacting on procurement's role. He also suggested buyers copy the example of a taxi-sharing app to tackle the business challenges of the next 12 months. To find out why, read here.
David Noble, group CEO of CIPS, reported that the institute continues to go from strength to strength, expanding its reach and global influence - and highlighted the work it did alongside the United Nations and White House. He also focused on the importance of its Licence to Practice standard.
On the matter of ethics and innovation, delegates heard from IKEA environmental and development manager Charlie Browne who warned against talking up green credentials over actually demonstrating them.
That presentation was immediately followed by a panel debate on ethics and accountability in the supply chain. Find out what the first thing IKEA's sustainability manager does when he visits a new supplier by reading here.
If you weren't able to make it to this year's event, check www.supplymanagement.com and the next issue of Supply Management magazine for all the highlights.