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The Worlds of the CFO and CPO: An Exploration into the Concept of Homogeneous Diversity - SunTrust Bank

CPOs and CFOs - just how different (and how similar) are they? Having lived the world of both for many of his four decades in the business world , Lamar Chesney provides an intriguing and...
Procurement: GE's Challenge of Evolving Transaction into Sourcing

Transactional management is often considered a minor procurement task, yet it is one of the major root causes of business inefficiencies considering a global scenario. Is there a way to leverage...
The Path to Cognitive Outsourcing Starts with Absolute and Factual Data

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...
Innovations in Governance: Keeping Compliant with Supplier Connect: Self-Serve and Simple 

Through the creation of a single supplier master data portal, GE simplified the supplier onboarding process. This centralization drives increased compliance through a single entry point and puts...
Evaluating the Financial Health of Private Suppliers to Maintain Resilient Operations

Private companies account for 70-80% of the critical suppliers in your third-party ecosystem, yet most organizations don't actually evaluate the financial risks of private suppliers with the same...