As we conclude the third and final day of presentations, discussions and networking at Procurement Leaders’ IN:IN – Resilient supplier networks event, we reflect on three key take-aways from this virtual event.
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A pharmaceutical giant wanted to explore opportunities for replacing one of its longstanding suppliers. Until 2018, it had been using the same two advertising agencies for 25 years, seeing it as a good way to keep costs down.
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During the pandemic, the financial pressure ratcheted up on suppliers and the need to track their financial health moved back to the top of the agenda.
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We round up 10 of most inspiring member stories of successful procurement initiatives this year to celebrate the unexpected collaboration, innovation, digitalisation and value achieved under such testing circumstances.
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Unable to visit supplier factories during the coronavirus pandemic, Enel quickly adapted their quality control vision for 2020. The situation made the energy company accelerate their digitalisation efforts by getting employees at these factories to wear augmented reality glasses instead.
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Philips reveals how it developed a new supplier auditing system, which segments the supply base into four groups, to reinstate sustainability as a valuable opportunity for continuous improvement
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