PROCUREMENT STRATEGY
developed capabilities that provide both functional and E2E supply chain visibility .
“ All these capabilities push and pull data from a single source of truth in our connected data model ,” Dave adds . “ For procurement , we ’ ve built capabilities to improve raw material forecasting , risk management , cost modelling , transportation bidding analytics , and more . We also have a strong focus on supplier diversity and sustainability which are both supported by centralised analytics . All these capabilities are leveraged in a standard source-to-pay process powered by workflows that guide our procurement team to the insights they need when developing strategy and executing supplier relationships .”
Under the ‘ Standing for Planet ’ initiative , General Mills is focused on combating climate change by reducing greenhouse gas emissions across its value chain .
The company has exceeded its goals in emissions reduction and is actively engaging in regenerative agriculture whilst committing to a no deforestation policy across its supply chains .
Additionally , General Mills is sourcing renewable electricity and prioritising recyclable and reusable packaging .
“ To manage performance , elevate risks , and make key operational decisions ,
82 July 2024