Supply chain professionals work with contracts in different formats as they engage outside parties. In some cases, they rely on terms and condition on the back of purchase orders. In other...
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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.
Company consolidations, acquisitions and mergers are becoming commonplace in today's business environment. Often when these changes occur, multiple processes and systems for managing the external...
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...
No industry has been more disrupted and revolutionized in recent years than the retail industry. There seem to be clear winners and losers in the fallout. What can we all learn from the winners?...
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...