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...
The Affordable Care Act (ACA) mandate is fast approaching and many businesses don't have a plan in place to manage the changes that will inevitably affect their business, their workers and their...
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 ...
Most of the time, procurement follows a step-by-step methodology to delivers results. A traditional RFP perhaps followed by an e-Auction resulting in the best suited vendor with the best value...
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...
For most firms when the pandemic hit it changed the way they thought about Third Parties that were critical to their business operations and overall business continuity. This was no different in...