Bayer CropScience is a company steeped in a tradition of innovation, research and development. Following this framework, Procurement engaged with an external service partner with the goal of...
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Large companies with significant direct material spend strive to transform buying practices to contain increase in cost of goods sold. This transformation spans procurement strategy and...
Now that we are firmly entrenched in the "next normal" how are companies moving forward? Moving out of "reaction" and into resilience - what do procurement teams need to know?
In this...
Today's multifactorial supply chain crises come at a time when many procurement teams are under pressure to deliver on ever-growing mandates related to Supplier Risk, ESG initiatives, and of...
Procurement's mandate in 2022 has expanded well beyond "getting the best price". Sustainability, diversity, risk, innovation and other goals have evolved from background issues into primary...
The Future of Sourcing Awards program recognizes organizations that show innovation, leadership and transformation in categories that are critical to the sourcing industry. The Awards bring...
The Future of Sourcing Awards program recognizes organizations that show innovation, leadership and transformation in categories that are critical to the sourcing industry. The Awards bring...
The consensus on SRM is that it isn’t feasible to closely manage 100% of your supplier relationships, and therefore you should use a prioritization framework (like a Kraljic Matrix) to segment...
Supplier onboarding and performance evaluation are critical targets for digital transformation: manual and paper-based processes are costly, time-consuming, and create risk by incentivizing non-...
Your suppliers score 100% of their relationships, and you should too.