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.
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...
At the 2014 SIG Global Executive Summit in Denver, panelists from both the buy-side and sell-side showcased negotiation tactics for sourcing professionals. Based on feedback from that session,...
Jamie Lancaster, VP, Indirect Sourcing, Kroger
I've read a great many books on negotiation. Some of the most notable ones are Getting to Yes by Roger Fisher and...
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...
Contracting is a critical, yet often overlooked, phase of the procurement lifecycle. It is also one of the most time consuming burdensome phases. Learn what leading companies are doing to find...