PROCUREMENT STRATEGY
“ We ’ re able to make faster and better decisions , giving our teams more capacity to tackle more strategic challenges ”
DAVE JACKETT SENIOR DIRECTOR OF SYSTEMS , DATA & TECH FOR GENERAL MILLS
to be a large part of every project . It has also enabled 90 % faster data processing rates , speeding up the time to decision and the responsiveness of our tools . In addition , it has opened opportunities to collaborate in real-time with our suppliers , customers , and 3PLs .”
The biggest benefits This model has seen a number of benefits to both business partners and supply chain teams . General Mills has been able to generate significant cost savings which can be reinvested in brand building or in supply chain capabilities , creating a flywheel for future savings . The company has also seen an increase in employee productivity .
“ By cutting down the time spent searching for information , and in some cases delivering recommendations to our teams , we reduce non-value add work ,” Dave adds .
“ There is also a competitive advantage we create when we can respond quicker to disruption and deliver better service to our customers .”
The power of data General Mills shows no signs of slowing down , as Dave outlined plans to “ rapidly expand ” its Intelligent Execution capabilities into new areas including sourcing , customer order fulfilment , master data management , and more .
“ As we connect adjacent processes , we are opening the opportunity for process reimagination ,” Dave says .
“ Our goal is to move from vertical / siloed roles to more E2E roles that manage broader parts of our supply chain .
“ We are also investing in collaboration capabilities to extend our capabilities to ecosystem partners . By harnessing the power of our suppliers and logistics partners , we believe we can drive value and resilience for the entire value stream .” procurementmag . com 85