Supplier Collaboration Content

Rising to the occasion: Procurement’s moment to shine and deliver value

deliver value

It used to be that procurement was all about cost savings and driving efficiencies. While those two mandates are undoubtedly still top objectives today, the highly complex, uncertain and dynamic world in which we now operate is calling on teams to drive even more value at the highest levels. Jim Bureau, CEO of source-to-pay specialists Jaggaer, explains the other ways in which procurement can add value, strategically guide the business and meet the needs of society.

Diversity and inclusion are rising to the top of corporate agendas, making procurement initiatives that drive supplier diversity, ethics and human equity even higher priority. Climate change is still a very urgent issue, putting organizations under pressure to create environmentally friendly supply chains from end to end. Ingenuity is at a premium as organizations seek ways to stand out from competitors, making procurement’s influence and relationships with suppliers critical for product, packaging and transport innovation.

Supplier collaboration is key to coming out of disruption on top

In an effort to showcase the importance of supplier collaboration in SRM, Vizibl is hosting a webinar this month titled “The Future of Procurement: How Sanofi Are Reinventing Their Approach To Supplier Relationships.” Sanofi is a Vizibl customer that has real-world knowledge of how supplier collaboration works. The company’s CPO will provide first-hand experience of the Supplier Collaboration and Innovation solution. To learn more and register for the free Nov. 25 webinar, visit Vizibl’s registration page.

Ariba, SAP, and Supplier Diversity (Part 4)

Please click here for Part 1, Part 2 and Part 3 of this series. The final attribute we look to when measuring Ariba's and SAP's […]

Ariba, SAP, and Supplier Diversity (Part 2)

Please click here for Part 1 in this series. We can evaluate the SAP/Ariba supplier network on three basic elements in terms of smaller businesses: […]

Ariba, SAP, and Supplier Diversity (Part 1)

We often spend a lot of time on the notion of supplier diversity in choosing the right set of localized suppliers (see recent coverage here, […]