The client, a multinational manufacturer of consumer packaged goods, sought to transform its end-to-end procurement function. As the service partner, GEP led a three-pronged approach spanning indirect sourcing, external supply chain and capital. The overall program focused on addressing key hindrances to value creation, such as multiple buying processes, lack of alignment between contract and sourcing, dearth of established processes to support indirect sourcing and supplier relationship management, among others.
About the Future of Sourcing Awards
The 2018 inaugural Future of Sourcing Awards program recognized organizations that showed innovation, leadership and transformation in categories critical to the sourcing industry. The Awards brought together some of the brightest minds, the best insights and the most relevant topics and created a truly remarkable experience. In eight categories our esteemed judges selected three finalists from many innovations in sourcing, outsourcing, third party management, supplier performance, digitization, governance/compliance, talent management, and sustainability.
Each nominee was invited to discuss their innovations in a podcast for The Sourcing Industry Landscape as well as a Ted-style Talk at the SIG 2018 Fall Global Summit. Finally, each nominee was asked to provide a handout for their Talk.
Contributors: GEPCategories: 2018 Nominations, Future of Sourcing Awards
SRC Type: Outsourcing, Procurement Outsourcing / Transformation