Unleashing Digital Supplier Collaboration

BAT’s New Categories Procurement team transitioned its operating model to strengthen relationships with suppliers and improve performance visibility. The team identified digital tools as a key enabler of this transition and implemented a combination of strategies including Bill of Materials management, risk assessment, cost modelling, and SRM. The team developed a visualisation tool to provide real-time access to bills of materials, a bespoke web-based intelligent cost estimator, and implemented Vizibl's SRM module. Overcoming challenges, such as a volatile marketplace, the team established a partnership with a market intelligence organisation and secured input from strategic suppliers to make data-driven decisions.