BP | The Smart Cube, Inc.
The key enabler to establishing procurement’s alignment and credibility with other functions, and ultimately achieve its operational goals is Intelligence,...
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Case study of BP's procurement outsourcing in India with Infosys.
Changes in global business and technology continue to dramatically impact the sourcing marketplace. Suppliers are pitching their solutions and clients are looking to structure "next generation"...
Procurement generates a lot of data. However, that data is often just a mechanism to report on the Procurement function’s performance. What happens when you start using big data principles such as...
Quicker, easier, and more effective — that's the ultimate goal of strategic sourcing. However, how do you put the practices needed to achieve...
Large companies face constant change. A structural shift such as a merger or acquisition, a major leadership change or any type of internal re-organization can drastically affect an already-...
Ruppy Singh and Sandeep Syal, BP ...
BP is using AI to transform the supplier contracting process. The new solution allows legal, procurement and suppliers to efficiently collaborate by providing them AI powered templates that...
Direct and indirect procurement can cost an enterprise billions of dollars in annual spend. Poor contractual compliance, ambiguous SOWs, duplicity of resources, poor specifications of services and...
We live in an era where Industry 4.0 technology developments outpace some organizations ability to change. Nimble organizations have a distinct competitive advantage. With the vast quantities of...