Five tips for managing digital transformation in the oil and gas industry

Procurement teams need to create a vision for how they are going to deal with digital transformation. Chris Sawchuk, principal at Hackett Group, said a survey of buyers conducted by the group found 95% believed digital transformation would change the way the function worked over the next five years. But the same survey found only …

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How Google’s innovation is enabled by procurement

Some say there is an inherent conflict between procurement and innovation, but it made Google’s lifesaving Project Loon a reality. The function has the potential to enable transformative ideas – if it learns how to operate in a shifting innovation ecosystem When David Natoff was leading strategic sourcing at Google, an unusual request landed on …

Successful Women in Procurement and Supply Chain Share Career Advice

Procurement and supply chain remains a male-dominated profession. So I asked women holding mid-level to senior roles in this field for a few pieces of career advice for their fellow female procurement professionals. Here’s what they had to say. Speak Up “Make yourself heard! Don’t be afraid to speak up!” — Wendy L. Tate, associate …

The power of successful supplier collaboration

Building on mature strategic sourcing practices can transform organizations beyond corporate borders and capture value Most people learn the value of co-operation in the home, the schoolyard or on the sports field. Most companies recognize the need to promote cooperative and collaborative working in their organizations too, and many have made strenuous efforts to break …