Gaining Organizational Traction by Broadening Procurement's Partnerships by Quave Burton, Vice President Global Expense Management and Services, Abercrombie & Fitch
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Gaining actual savings from the best-laid sourcing plans requires organizations to put in place a closed loop strategy - one that addresses operational sourcing as well as the processes around it...
Gaining actual savings from the best laid sourcing plans requires organizations to put in place a closed loop strategy―one that addresses operational sourcing as well as the processes around it....
Recent statistics show that companies with existing supplier diversity programs report increased profitability – sometimes as high as a 133% return on procurement investments. The respected track...
The Request for Proposal process is an integral component to modern day sourcing. However, the RFP framework was created over a century ago, limited by paper communication. Despite technological...
Just like running an employee background check, mitigating supplier risk requires proactive and intentional vetting. The same concept applies for even more complex, multi-tiered supply chains....
Though many organizations are aware of and will mitigate business risks, procurement as a risk control function is often overlooked. Specifically, SRM (Supplier Relationship Management) is a key...
In the global supply chain landscape, threats to cyber-security are increasing exponentially. Fortune 500 companies have had sensitive information leaked because hackers have targeted...
Contracting is a critical, yet often overlooked, phase of the procurement lifecycle. It is also one of the most time consuming burdensome phases. Learn what leading companies are doing to find...
Procurement often gets a bad rap for being too focused on savings and performance. Customer and supplier partners are left confused about the purposes of processes and procedures. Business leaders...