SUPPLY CHAIN STRATEGY
Has it ever been more important to collaborate effectively with suppliers? Forward-thinking organisations are discovering that breaking down traditional silos and fostering deeper partnerships across their supply networks is unlocking innovation, driving sustainability and building competitive advantages.
The shift represents a reimagining of procurement from a transactional function to a strategic orchestrator of value creation. Success increasingly depends on an organisation’ s ability to engage meaningfully with diverse stakeholders and maintain the human connections that drive genuine collaboration.
Beyond traditional procurement The journey toward effective supplier collaboration begins with a fundamental shift in how organisations conceptualise their procurement functions.
Speaking during a panel discussion at Procurement & Supply Chain LIVE Chicago, Javier Carnevali, Chief Procurement Officer at Grupo Herdez, emphasised that procurement transformation extends far beyond individual departmental initiatives.
“ It all starts with the strategy,” he said.“ Procurement is the use of technology to leverage all the procurement processes that run across a company that has several stakeholders.”
“ These are not specific projects for procurement; it’ s a company-wide project and it’ s important to have the involvement of all stakeholders and define the goal we want to achieve.”
168 September 2025