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...
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Congratulations on the new job. Whether you are a seasoned procurement veteran taking on a new challenge or a talented executive from another discipline tasked with tackling procurement for the...
In an analysis of over $1.5 trillion in spend data for hundreds of diverse companies, a troubling data point for procurement leaders has been identified: on average, organizations are only...
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...
Each procurement transformation journey is unique and reflects a company's specific set of business requirements, structure, goals, and people. This session details one company's path through the...