Procurement leaders of today are tasked with transforming their departments to be strategic value architects. Gone are the days where procurement focuses solely on the price of products and...
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In all of procurement, no skill is more vital than stakeholder management. The quality of stakeholder relationships can determine whether Procurement's ability to drive value is fully leveraged...
Gathering cost-effective market intelligence continues to challenge procurement organizations. This session will explore how one buy-side procurement team initiated a framework to gather "external...
The tactical resilience rebuilding after Covid -- such as second sourcing, reshoring, compliance programs (for safe Covid conditions and beyond), supplier finance programs (e.g., invoice factoring...
ESG programs are a high-priority topic for many enterprise procurement teams. Data from Oxford Economics reports that 88% of procurement and supply chain teams that have a clear mission statement...
Innovation is impossible without collaboration and stakeholders. Any action throughout an organization needs people. Data plays an important role, but productivity and communication suffer without...
You May Ask Yourself: Same As it Ever Was?
During the past two years, Procurement has been challenged to help their organizations maintain profitability and avert supply risk during...
Supply shortages, logistics delays, reputational harm, regulatory compliance, fines, cost increases, lost customers. The impacts of the compounding risks found in today's extended global supply...
While environmental, social, and governance (ESG) objectives have been important to sourcing teams for years, most efforts have focused on the materials supply chain or smaller, less strategic...
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Definitions for Savings, including how to calculate for:
- Existing supplier decrease
- New supplier...