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BMW
BMW’s procurement strategy aligns with sustainability and e-mobility transformation. It prioritizes supplier compliance for critical raw materials used in electrified vehicles. Sustainability is integrated into all purchasing activities, aiming for over seven million electrified cars on the roads by 2030.
Transparency and traceability are crucial, with suppliers bound by contractual agreements to meet BMW’s sustainability standards. A thorough due diligence process ensures compliance based on external frameworks like the UN Guiding Principles.
BMW actively reduces raw material consumption and promotes a circular economy by increasing the use of secondary materials. Specific measures minimize critical raw materials and avoid minerals extracted through deep sea mining. The company establishes closed material loops to reuse materials, enhancing supply chain sustainability.
APPLE
Apple prioritizes procurement and supplier management for high standards in its products. Suppliers must meet rigorous requirements, understand Apple’s culture, and add value in a fast-paced environment. The Supplier Diversity Program supports diverse businesses.
Its sourcing process ensures fair treatment of suppliers through the Prospective Supplier Portal. Long-term relationships with key suppliers are valued, and favorable terms are negotiated for stable material supply.
Apple’s global supply chain success is due to its strict Code of Conduct and assessment processes. Compliance and ongoing training are essential. Focusing on supplier relationships, innovation, and sustainability maintains its reputation and competitive edge.
IBM
IBM’s global procurement transformation was driven by the need for a more efficient and data-driven approach. It developed a comprehensive procurement analytics platform that streamlined operations and provided real-time insights. This platform became the core of its procurement and supply chain operations, allowing for strategic spend management and quick decision-making.
IBM’s success prompted them to offer these solutions to clients and partners, empowering them to become Cognitive Enterprises. Its TRIRIGA® procurement management solution optimizes vendor interactions and ensures effective and streamlined processes.
Overall, IBM’s procurement transformation showcases the vital role of procurement in scaling operations and driving innovation, utilizing advanced analytics and AI solutions to succeed in the competitive global market.
CAPGEMINI
Capgemini’s strategy shifts procurement from a support function to a growth enabler and revenue generator. It embraces a digitally enabled operating model called Cognitive Procurement Services, leveraging technology to drive business value and reduce operating costs. The focus is on compliance, risk mitigation, productivity, transparency, and speed to value.
Automation and supplier collaboration is significant in managing indirect spending and improving spend visibility. Data-driven decision-making and strategic involvement in outsourcing deals and contract management are emphasized. Capgemini’s approach optimizes procurement processes to deliver tangible business outcomes and stay ahead in the evolving procurement world.
MICROSOFT
Microsoft’s procurement and sourcing processes cover the entire procurement lifecycle, from identifying needs to payment processing with vendors. It uses requisitions to identify product or service needs, and purchasing policies and workflows are defined to meet specific business needs. Suppliers are identified through a request for quotation process, and purchase orders are created, considering prices, discounts, and delivery options. Product receipts and vendor invoices are processed for payment. Microsoft emphasizes supplier compliance and supports supplier diversity through dedicated programs for small businesses. SupplierWeb is used for onboarding, account management, and access to purchase orders and invoice details. Compliance, transparency, and efficiency are keys to Microsoft’s procurement approach.
DELL
Dell Technologies is committed to sustainable IT procurement practices that drive positive social and environmental change. It evaluates potential suppliers based on its ESG and social responsibility policies, including human rights and environmental protection. Dell seeks information on suppliers’ environmental policies and programs, such as greenhouse gas emission reduction targets and the use of renewable materials. Product sustainability is also crucial, focusing on applying eco-labels and considering product design, recycled materials, and eco-friendly packaging. Dell looks for policies promoting human and workers’ rights, transparency, and social and environmental risk management in the supply chain. Supplier diversity and openness are also encouraged. Dell’s sustainable procurement practices align with its commitment to ESG principles.
ORACLE
Oracle Procurement Contracts is a powerful application in Oracle Fusion Cloud Procurement and Enterprise Contract Management solutions. It provides visibility into agreements, streamlines contract creation, and ensures policy compliance for reduced risk and faster cycle times. The application standardizes contracting processes with enterprise standards and pre-approved templates. Automation of approval rules streamlines routine agreements, allowing users to focus on higher-value tasks. Enhanced visibility through searches enables easy tracking and access to related documents. By connecting legal contract documents to purchasing transactions, users gain complete visibility. Capturing deviations and updates in Microsoft Word with flagged deviations streamlines review and approval. Tracking deliverables and service level agreements ensures negotiated benefits are realized throughout the contract lifecycle. Incorporating Oracle Procurement Contracts into the Oracle Fusion Cloud Procurement suite leads to lower costs and higher margins, enabling efficient contract management and excellence in lifecycle management.
ACCENTURE
Accenture’s procurement practice adds value and addresses challenges like unethical labor practices, net-zero emissions, talent recruitment, and customer experience while cutting costs. Its framework defines and measures procurement value precisely.
Its approach includes closed-loop spend management, analytics, and team-based sprints for optimized spend and reinvestment. Sustainability and supplier diversity are prioritized for innovation and risk management. Accenture promotes resilience, sustainability, and social responsibility to address supply chain uncertainties. Its customer-centric procurement strategy enhances customer experience and fosters a sustainable organization. As a leading provider, Accenture’s global presence and data-driven decisions enable clients to drive digital transformation and growth in a disruptive world.
SIMEN
Siemens, a leading global technology company, prioritizes maximizing on-time performance and minimizing costs in procurement logistics. It uses a procurement optimization solution that integrates logistics and purchasing, ensuring smooth operational processes. By considering all cost parameters and proactively planning personnel deployment, Siemens achieves on-time delivery, cost savings, and operational excellence, reinforcing its position as a responsible technology leader.
INFOSYS
Infosys Automotive excels in automating Sourcing and Procurement (S&P) processes with innovative solutions. It utilizes AI-driven chatbots and blockchain networks for component tracing, ensuring visibility and traceability for critical automotive parts. Infosys AssistEdge, a robotic process automation platform, streamlines procurement operations and enhances visibility across the value chain. Infosys Nia, an AI platform, simplifies S&P operations through knowledge-driven support and machine learning algorithms. Infosys integrates the supplier ecosystem, empowering automotive procurement teams and ensuring efficient sourcing. Its digital ecosystem drives efficiency and enhances supply chain management for automotive manufacturers.
