Remove Data Remove Global Sourcing Remove Transparency
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Procurement in the Age of Uncertainty: 4 Lessons from the New Forrester Study

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Technology must be employed that supports securely sharing all relevant information between internal stakeholders and suppliers, and it must support effective planning and transparency for project teams. Without sufficient data, you end up making unknown and sometimes unnecessary compromises, exposing organizations to other risks.

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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”. 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.

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PKP ENERGETYKA ON TRACK TOWARDS FULL PROCESS AUTOMATION

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The Company also cares about the user experience, suppliers and the transparency of Procurement operations within the entire organization. The integrated database of suppliers or the functionality enabling to run tenders, facilitate the process and provide an abundance of precious data.

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5 Steps Towards Modernizing Supplier Management

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Below, we outline the 5 steps toward modernizing supplier management, addressing both transparency and effective engagement. 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.

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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.