Remove Collaboration Remove Global Sourcing Remove Risk Management
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Procurement in the Age of Uncertainty: 4 Lessons from the New Forrester Study

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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.

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The Future of Procurement Is Upon Us. Are You Ready?

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Niul Burton wrote a great article in Industry Week titled “Procurement 2025: 10 Challenges that Will Transform Global Sourcing”. Challenges in this new manufacturer/supplier partnership Burton cites include: Risk management. Globalization. Burton predicts that China and Brazil will become hubs for global sourcing.

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5 Steps Towards Modernizing Supplier Management

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Even reducing costs often depends more on effective collaboration rather than negotiation in today’s market. At the same time, organizations have never been more exposed to risk from their supply chains, from supply continuity, quality, or ESG violations. Effective risk management or improvement plans must include sub-tier suppliers.

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ProcureCon Asia, 9th – 11th July 2019, Singapore

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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 Global Sourcing team, and is currently member of Flex Supply Chain Council and Supply Chain Risk Management.