{"id":18523,"date":"2023-05-03T13:20:15","date_gmt":"2023-05-03T13:20:15","guid":{"rendered":"https:\/\/cpo.b2e.media\/?p=18523"},"modified":"2023-11-03T16:56:04","modified_gmt":"2023-11-03T16:56:04","slug":"welcome-to-issue-40-of-cpostrategy","status":"publish","type":"post","link":"https:\/\/cpostrategy.media\/blog\/2023\/05\/03\/welcome-to-issue-40-of-cpostrategy\/","title":{"rendered":"Welcome to issue 40 of CPOstrategy!"},"content":{"rendered":"\n

Our exclusive cover story this month features Alan Rankin, Chief Procurement Officer at STADA<\/a>, who discusses his company\u2019s journey to offering a best-in-class procurement function.<\/p>\n\n\n\n

Few industries can say that statement with certainty. But for the pharmaceutical industry during the COVID-19 pandemic, finding a solution quickly was non-negotiable.  <\/p>\n\n\n\n

Indeed, Alan Rankin, Chief Procurement Officer at STADA, acknowledges the role his sector played in helping to combat one of the biggest health crises of all time. He says the COVID-19 period made him \u201cextremely proud\u201d to be part of the industry. \u201cThe pharmaceutical industry worked hard to come up with a solution during a time when governments struggled to cope with what happened,\u201d he recalls. \u201cThe industry had a real impact on the world being able to handle the situation and not going into financial meltdown. That alone makes me so proud to be in this space.\u201d <\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

Read the latest issue here!<\/a><\/p>\n\n\n\n

Today, STADA stands as a renowned manufacturer of high-quality pharmaceuticals. The firm operates with a three-pillar strategy consisting of consumer healthcare products, generics and specialty pharmaceuticals. Its consumer healthcare brands such as Hedrin, Nizoral, Grippostad and Zoflora are among the top sellers in their respective product categories\u2026<\/p>\n\n\n\n

Not only that but we also have fascinating discussions involving all the hot topics around the procurement function at the moment, with George Schutter, Former Chief Procurement Officer at the District of Columbia<\/a>, Noemie Chetty, Director of Procurement of the Seychelles\u2019 Public Utilities Corporation<\/a> (PUC) and Trevor Tasker, CEO at EMCS Industries<\/a>. Plus, Bob Booth Senior Partner, Finance & Supply Chain Transformation at IBM Consulting<\/a> details how AI could affect the procurement function. \u201cWe are now witnessing a tipping point in the application of AI at real scale, and CPOs are wondering how this impacts them and their colleagues. This article aims to equip CPOs and their teams with some ideas to consider and some pointers on applying AI in a professional capacity to their company,\u201d he reveals.<\/p>\n\n\n\n

All this and lots, lots more!<\/p>\n\n\n\n

Enjoy!<\/p>\n","protected":false},"excerpt":{"rendered":"

STADA graces the cover of CPOstrategy this month!<\/p>\n","protected":false},"author":372,"featured_media":18501,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"apple_news_api_created_at":"2023-05-03T13:20:20Z","apple_news_api_id":"7dfc3afa-bb9f-411f-8f24-a9f4c2ca3885","apple_news_api_modified_at":"2023-11-03T16:55:59Z","apple_news_api_revision":"AAAAAAAAAAAAAAAAAAAAAA==","apple_news_api_share_url":"https:\/\/apple.news\/Affw6-rufQR-PJKn0wso4hQ","apple_news_coverimage":0,"apple_news_coverimage_caption":"","apple_news_is_hidden":false,"apple_news_is_paid":false,"apple_news_is_preview":false,"apple_news_is_sponsored":false,"apple_news_maturity_rating":"","apple_news_metadata":"\"\"","apple_news_pullquote":"","apple_news_pullquote_position":"","apple_news_slug":"","apple_news_sections":[],"apple_news_suppress_video_url":false,"apple_news_use_image_component":false,"footnotes":""},"categories":[4,149],"tags":[76,127,25,63,15],"topic":[623,628],"acf":[],"apple_news_notices":[],"yoast_head":"\nWelcome to issue 40 of CPOstrategy! 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