Remove Global Sourcing Remove Risk Management 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. Embrace Agile Technology Agility isn’t simply required of procurement professionals today – technology must be as agile.

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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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The Forrester study identified consistent obstacles, as well as clear strategies to successfully manage suppliers to achieve a range of strategic objectives and is well worth a read. Below, we outline the 5 steps toward modernizing supplier management, addressing both transparency and effective engagement.

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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.