Blogs

New Challenges for Procurement: Corporate Social Responsibility

Sandeep Singh, Vice President – Procurement & Supply Chain Services | Dec-11-12

If you've ever seen a social media rant about a company’s ethical conduct, you know that digital media has given customers the power to make their voices heard, and more and more of them are voting with their wallets in favor of brands identified with high standards of corporate social respons....

Categories: Organization Effectiveness

Tags: Procurement, Corporate Social Responsibility, Global, CFO

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Demystifying the Five Levers of Procurement Transformation

Rajarshi (Raj) Bhattacharya, Vice President and Global Source To Pay (S2P) Transformation Leader (Six Sigma Green Belt) | Oct-18-12

While many global businesses have realized impressive results from procurement outsourcing via labor arbitrage and provider competence, a fundamental transformation of the procurement function can return 3-4 times the investment and lower TCO by 5-6% of addressable spend. By comparison, continuous i....

Categories: Organization Effectiveness

Tags: Procurement, Source to Pay, Process, CFO

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Demystifying Procurement Outsourcing: 7 Myths You Should Know

Sandeep Singh, Vice President – Procurement & Supply Chain Services | Sep-14-12

Conventional wisdom says that the bulk of savings from procurement outsourcing (PO) comes from labor arbitrage. It doesn’t. Conventional wisdom also tells us that outsourcing is only suited to low-end transactional activities. It’s not. Nor, as many organizations believe, will you have t....

Categories: Organization Effectiveness

Tags: Procurement, Outsourcing, Compliance

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