Procurement

Money talks: Making the Case for Sustainable Procurement Investments

Posted: 08/01/2019 - 00:04
The business benefits and value derived from robust responsible procurement programs can be remarkable, such as driving uplift revenue by 5% to 20%, reducing supply chain costs by 9% to 16% and increasing brand value by 15% to 30%. Creating such programs requires investing in key internal areas, such as new tools, staff and strategies to reap the value that’s possible.  
 

Women in Global Sourcing: Susan Feiner

Posted: 07/30/2019 - 00:16

Tell us about your career path. How did you get into this field? Was it purposeful or by accident?   

It was definitely by accident. I took an entry-level job out of college in the Administrative Services department at Thomas Cook Travelers Cheques.  It was a support role to the VP of Facilities and Purchasing.  During my interview, I asked him what I would do when I was finished buying?   Somehow, I still got the job and the rest is history.
 

Improve Contract Negotiations with Relationship Management

Posted: 07/10/2019 - 06:24

In this episode of the Sourcing Industry Landscape, Dawn Tiura interviews Danny Ertel. Danny Ertel is a Founding Partner with Vantage Partners located in Boston, Massachusetts. He joins the podcast to explain how procurement and supply chain teams can do more for the organization by aligning with the businesses that they support instead of acting as the “procurement police” and focusing only on enforcing policies.

Unleashing Supplier Value

Posted: 07/05/2019 - 04:56
Procurement is being presented with a good problem to have. Within most organizations, most categories have been sourced many times. However, procurement is still being asked to deliver incremental value to the companies they support and are now challenged to achieve value beyond just pricing. Due to this, 70% of procurement leaders report that finding more value from suppliers is their number-one tactic to increase procurement’s value in 2019 (Gartner SCM World Future of Supply Chain Survey, 2018).

The Journey of an Up and Coming Leader with Siddharth Ramesh

Posted: 05/21/2019 - 04:43

In this episode of the Sourcing Industry Landscape, Dawn Tiura interviews Siddharth Ramesh. Sid comes from KPMG, where he managed a diverse portfolio that shaped his techniques for sourcing strategies that he uses today. Sid now works at VSP Global, under the leadership of their CPO Greg Tennyson, primarily in the vision insurance space and providing affordable eyecare globally.

Women in Global Sourcing: Sarah Scudder

Posted: 04/16/2019 - 21:20
Tell us about your career path. How did you get into this field? Was it purposeful or by accident?
 
I was involved in several organizations in college. My sorority put on an annual fundraising event that I chaired. I hired a local company to source and produce all the print, promotional items and apparel. They offered me a job. They wanted to infuse the company with younger people and setup an internship program. 
 

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