PROCUREMENT STRATEGY asking if AI was going to be the reason that staff members lost their jobs.
By the second annual event, the tone had shifted. After bringing in a speaker to discuss AI’ s possibilities, Iris observed her team becoming“ more excited now to see how they can work with it and what kind of pilots we can try”.
Cross-functional collaboration and shared accountability Modern procurement strategy depends on effective collaboration across the organisation. Iris emphasises building internal alliances beyond procurement, finding crucial partners in sustainability, commercial and operations teams.
Shared metrics reinforce this collaborative model. The entire procurement department at EQUANS works towards common targets.“ They all have the same targets for this year that they also have to work together in getting it,” Iris said of her team.
Perhaps the most innovative element of EQUANS’ procurement strategy involves collaboration with competitors. Iris argues that the power dynamics with major suppliers necessitate industry-wide cooperation.
“ We have our top hundred of suppliers, they’ re really big players. They don’ t do anything just because EQUANS is asking for it,” she explained.
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