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...
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The new challenge facing Procurement Organizations is to select the right supplier, execute the right contract, pay the right price and optimally manage the cost base, while simultaneously...
The world is abuzz with the coming world of Machines – starting with automation, leading onto Big Data, machine learning and Artificial intelligence and culminating in an algorithmic civilisation...
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...
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...