Procurement Magazine July 2024 | Page 78

PROCUREMENT STRATEGY

In today ’ s fast-paced business environment , the integration of cutting-edge technology is not just an option but a necessity .

For General Mills , a global leader in the food industry , embracing cloud technology has become a cornerstone in revolutionising its procurement and supply chain operations .
By leveraging cloud-based solutions , General Mills has significantly enhanced collaboration , increased efficiency and improved decision-making across its vast and complex supply chain network .
Cloud adoption offers myriad benefits , from real-time data access and process automation to advanced analytics and cost savings .
It enables General Mills to scale operations seamlessly , ensure robust data security and maintain regulatory compliance , all while fostering better supplier and customer relationships .
The global reach and 24 / 7 availability of cloud services ensure that their supply chain is resilient and agile , ready to adapt to changing market demand or disruption .
Moreover , cloud technology supports General Mills ’ commitment to sustainability by optimising resource use and reducing the carbon footprint of their supply chain activities .
As the company continues to innovate and grow , cloud adoption continues to be a pivotal element in driving efficiency , sustainability , and competitive advantage in their procurement and supply chain strategies .
Through a shift to its ‘ always-on ’ model , General Mills has reshaped its overall management and logistics flow . Dave Jackett , Senior Director of Systems , Data & Tech for General Mills ’ Supply Chain Manufacturing & Logistics , discussed the impact of this on its procurement operation .
Reshaping the model The shift to ‘ always-on ’ was initiated in 2020 , when the company moved its master and operational data to the cloud as a way to augment the
78 July 2024