Transformative Procurement Outsourcing: Lessons learned from procurement and accounts payable outsourcing….and tips for success! by James Cay, Managing Director, The Bank of New York Mellon
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Even if you have a resilient risk management strategy in place, situations can arise that are out of your control. On the bright side, supply chain risk management provides you with an opportunity...
Bank of New York Mellon's procurement transformation journey.
Executing sourcing strategies based on the most reliable expense data is a powerful lever for procurement teams. Spend data which is easy to access and manage, available on desktops and mobile...
Supply chain and procurement executives alike are faced with challenges such as ensuring supply, securing compliance and protecting the brand while globalizing the business. That is one of the...
West Pharmaceutical Services, Inc. is a pharma packaging and delivery company based in Pennsylvania but serving a global market and clientele. They supply a number of different sectors of the life...
Even though Supply Chain Risk Management can increase savings dramatically, other money saving procurement related activities often take precedence. The following study uncovers the importance of...
Structuring and managing outsourcing engagements has been a consistent challenge. Businesses have always been concerned about value erosion in outsourcing. Researchers say that market is currently...
There's no way around it. The move to cognitive procurement from traditional procurement relies on the establishment of good, quality data. Artificial Intelligence/Machine Learning (AI/ML) cannot...
As the percentage of contingent workers grows in the total workforce, their involvement has matured from just operational and administrative to more strategic and business-crucial roles. Currently...