Gone are the days when we worked on procurement projects by ourselves.  Collaboration with internal stakeholders is critical for a number of reasons.

A study by AT Kearney pegs the difference in procurement savings between leaders and laggards in the range of 33% to 50%, often representing a huge impact on the overall profitability of the organization. Over the years, I have seen a number of things that work in organizations to help them set and achieve a high level of procurement savings and wanted to share my thoughts with you.

This blog addresses why ethics in procurement is absolutely critical and some of the causes of break downs in this area. I also share what the best companies in the world do to keep this in check.

Sourcing projects can take on a life of their own and drag on for much longer than needed. And not all projects need to be done in the exact same way. Here are a number of ideas on how to shorten sourcing cycle times and add much more value to the business.

Methodology, technology and early challenges in strategic sourcing at Bristol Myers Squibb.

Create a Compelling Framework for Developing Your Category Strategies

Engage your suppliers for break through ideas in cost savings, quality and revenue generation.