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Procurement: GE's Challenge of Evolving Transaction into Sourcing

Transactional management is often considered a minor procurement task, yet it is one of the major root causes of business inefficiencies considering a global scenario. Is there a way to leverage...
Innovations in Governance: Keeping Compliant with Supplier Connect: Self-Serve and Simple 

Through the creation of a single supplier master data portal, GE simplified the supplier onboarding process. This centralization drives increased compliance through a single entry point and puts...
Evaluating the Financial Health of Private Suppliers to Maintain Resilient Operations

Private companies account for 70-80% of the critical suppliers in your third-party ecosystem, yet most organizations don't actually evaluate the financial risks of private suppliers with the same...
Fireside Chat with ABM Industries and SIG from GEP

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...
Operational Resilience: How Procurement Teams Can Drive Supply Chain Resilience, Security, and Bottom-Line Outcomes

There are a lot of conversations about operational resilience today, and several interpretations of the term exist. The best definition to start with is this: Operational resilience is the ability...
We Didn't See That Coming: Anticipating Supply Risks and Building Resilience in the Face of Unprecedented Supply Chain Challenges

Supply shortages, logistics delays, reputational harm, regulatory compliance, fines, cost increases, lost customers. The impacts of the compounding risks found in today's extended global supply...