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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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...
At Workday, employees have always been at the heart of the company. Find out how Workday's Global Procurement Office (GPO) leverages Workday Strategic Sourcing, an intuitive, user-friendly...
The time to digitize procurement is now.
To keep ahead of their ever-growing responsibilities, procurement leaders must have total visibility into sourcing processes to manage enterprise...
How many opportunities are you leaving on the table? For top-performing sourcing organizations, any answer greater than zero is unacceptable. Leading sourcing teams realize the power of composable...