Since 2019, Marsh McLennan’s procurement transformation has seen the team expand from the Pacific region into Asia, delivered increasing year-on-year cost savings and improved source-to-pay compliance, while also enhancing the firm’s insight into supplier risk and enabling the function to strengthen relationships with stakeholders. Judges praised the procurement team for using collaboration to successfully deliver on a wide range of objectives.
Built engagement and trust in a new and diverse business context. From building a new and specialised team, diverse and with appreciation for cultural nuances, it is the strength of the cross collaborations with both customers and business partners that helped realise tangible results.
2022 Hall of Fame
Accenture – The University Procurement Hub
Ivalua Asia Pacific Procurement Excellence Award
Asia Pacific Environmental & Social Impact Award
Asia Pacific Risk & Resilience Award
Asia Pacific Digital Impact Award
Asia Pacific Procurement Team Award
Asia Pacific Supplier Collaboration & Innovation Award
Philip Cheng, IBM
Asia Pacific CPO of the Year Award
Tomorrow Street & Vodafone
Supplier Collaboration & Innovation Award