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Even reducing costs often depends more on effective collaboration rather than negotiation in today’s market. Gain control of your supplier data. Data remains dispersed among multiple systems, with duplicates and errors common. Leaders must plan out the long-term data approach when selecting technology.
Niul Burton wrote a great article in Industry Week titled “Procurement 2025: 10 Challenges that Will Transform GlobalSourcing”. To do this, you need to have the right data, workflow, and technology that gives a snapshot of supplier profiles and history at the push of a button. Globalization. Today this rarely exists.
Collaborate to Win Henry Ford’s quote that “coming together is a beginning, keeping together is progress, working together is success” has never rang more true. Being more agile and addressing more strategic objectives requires procurement to be more collaborative. 78% engage suppliers more collaboratively than they did 3 years ago.
Daniel Koh is currently leading a team of 130 sourcing and pricing professionals globally. He had taken on a few leadership roles in Flex such as Procurement Compliance Director, led the GlobalSourcing team, and is currently member of Flex Supply Chain Council and Supply Chain Risk Management.
REV Group embarked on its sourcing and procurement transformation earlier this year, which included four appointments to REV’s globalsourcing and supply chain team, representing the Fire & Emergency, Commercial and Recreation segments. ABOUT CONSUS GLOBAL.
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