Remove Global Sourcing Remove Sustainability Remove Transparency
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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”. Sustainability. 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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Below, we outline the 5 steps toward modernizing supplier management, addressing both transparency and effective engagement. Chassis Brakes Int’l (now part of Hitachi), presents a great example, having unified supplier data across all 25 global ERP environments through it’s global Source-to-Pay (S2P) platform.

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Procurement in the Age of Uncertainty: 4 Lessons from the New Forrester Study

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As the lynchpin to suppliers, they play a pivotal role in combatting the effects of inflation, ensuring supply continuity, complying with regulatory requirements, improving sustainability and other top business priorities. The biggest gains in sustainability typically come from working with suppliers rather than finding new ones.