Procurement's time in the sun

14 April 2009
Hot off the press today, we bring you news of Starbucks' plan to increase its procurement savings target. Director of purchasing for stores and IT John Fogerty says the department has been given a "free mandate" to cut costs and is enjoying the support of the coffee company's most senior officials. What struck me about Fogerty was how much he seems to be relishing the increased responsibility. He discussed targets and processes openly and spoke with determination and authority. It's no wonder Fogerty is described internally as someone who "gets shit done". I wonder if other buyers are enjoying the spotlight with similar zeal? Starbucks joins a host of other companies looking to procurement during the downturn, but were purchasers ready? And if not, what tools do they need to step up to the mark?
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