Many companies today have implemented or are migrating from local procurement to centralized or regional centers of excellence for the procurement and delivery of goods and services for affiliates...
Browse the SRC
Bristol-Myers Squibb | Corbus
Bristol-Myers Squibb recently started a new project with a focus on spend analysis and data management. From this exercise, the company realized an...
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,...
Case study of BP's procurement outsourcing in India with Infosys.
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...
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...
How do you keep up with the fast-paced growth of your company? To make the most out of the resources you have, automation is critical. However, you can’t automate everything (yet) so you also need...