Sourcing Overview

What is Strategic Sourcing & Procurement's role in the Company?

In collaboration with the business, Global Procurement is accountable for supplier selection and assignment of preferred suppliers for many categories of spend. In this capacity, we:  

  • function as change agents that drive world-class strategies;
  • identify and leverage emerging trends and sustainable opportunities;  
  • deliver end-to-end solutions, evaluate in-sour​ce/out-source options, consider total cost/value of ownership;
  • balance speed with rigor, assure consistency, enable compliance, and drive continuous improvement;
  • integrate supplier management programs that ensure performance, innovation, joint process improvement, quality, service levels, supply assurance, compliance, and risk management that meet our company's standards.

Strategic Sourcing & Procurement's Strategy and Process

Our Global Procurement professionals have deep category knowledge. As such, we are organized functionally, primarily by the type of goods/services purchased. This alignment ensures rigor and consistency of sourcing in the supplier selection process.

These functional areas include:

  • Research and Development;
  • Corporate Goods & Services;
  • Commercial and International Sourcing;
  • Global Manufacturing & Supply.