Corteva Drives Digital Transformation in Procurement
Corteva improves operational efficiency
Corteva Drives Digital Transformation in Procurement with TalentGuard
The Challenge
Procurement leaders are under immense pressure to adapt to geopolitical shifts, economic downturns, and climate crises. The heightened strategic importance of procurement has led to increased expectations, requiring organizations to continually innovate and stay agile to remain competitive and drive ongoing improvement. Corteva needed to address several key issues in its procurement function to remain competitve:
- Process Efficiency: The procurement team was under pressure to do more with less, requiring a shift to more efficient processes and tools.
- Talent Development: There was a need to invest in talent development to support the digital transformation and ensure the team could excel and grow.
- Tool Integration: The existing tools and processes needed to be updated and integrated to support a more self-service procurement model.
- Strategic Focus: The procurement team needed to focus on higher-value sourcing and critical projects, rather than low-dollar spend.
The Solution: TalentGuard’s Workforce Intelligence Platform
To address these challenges, Corteva implemented TalentGuard’s Workforce Intelligence Platform. This software was integral in supporting Corteva’s digital transformation by focusing on three main areas: process, tools, and people.
Talent Development
The aspect of the transformation that Tamra Pawloski was most excited about was not directly related to procurement processes or tools but to the people involved. At the heart of this was TalentGuard’s software, designed to enable Corteva’s procurement professionals to identify the personalized training they needed to progress in their careers. It helped them pinpoint necessary certifications, mentorship opportunities, and professional development goals to elevate their skill sets.
“This investment in talent development complements our efforts to enhance operational processes,” Pawloski explained. The software also had the capability to align an employee’s career aspirations with available opportunities within the company. For example, if a procurement professional aimed to transition into a sales role, the system provided a detailed roadmap outlining the necessary steps, such as specific courses or experiences required for the transition.
Employee Empowerment
Pawloski anticipates that the implementation of TalentGuard’s Career Pathing software will significantly reduce attrition rates and empower Corteva’s team. In a global context where finding skilled talent is increasingly challenging, she emphasized the importance of developing and leveraging existing talent within the organization rather than searching externally. “There’s talent out there, but it’s not always easy to find the good ones; the ones who have all the requirements you’re looking for,” she said. “Rather than searching outside the organization, it’s essential to find, develop, and leverage the talent you already have.”
Results – Corteva Drives Digital Transformation
- Enhanced Process Efficiency: The shift to a self-service model and the integration of new tools significantly improved process efficiency. The procurement team could now focus on strategic sourcing and critical projects.
- Improved Talent Development: TalentGuard’s software provided a clear roadmap for employee development, reducing attrition and empowering the procurement team. Employees could see a path for career growth within the company, aligning their aspirations with organizational goals.
- Strategic Focus: The procurement team could concentrate on higher-value tasks, thanks to the automation of low-value processes. This strategic focus led to better management of over $3 billion in spend and supported continuous improvement.
- Effective Use of Technology: By leveraging digital tools and automation, Corteva enhanced its procurement operations, ensuring data integrity, and improving response times and efficiency.
Conclusion
Corteva’s partnership with TalentGuard was instrumental in driving its digital transformation in procurement, with a particular focus on developing its people. By investing in TalentGuard’s software, Corteva enhanced its procurement efficiency, empowered its team, and aligned employee career aspirations with company goals. This case study highlights the critical role of talent development in achieving successful digital transformation and underscores the value of investing in people alongside processes and tools.
About Corteva
Corteva Agriscience, a leading agriscience company, faced the challenge of transforming its procurement function to drive continuous improvement and manage over $3 billion in spend. Under the leadership of Tamra Pawloski, Head of Global Leveraged Procurement and Corporate Real Estate, Corteva embarked on a digital transformation journey to enhance procurement efficiency, talent development, and strategic value.
To see how Corteva drives digital transformation in procurement with TalentGuard, request a demo.
