Sourcing as Enterprise-Wide Trusted Advisors – From Transactional Experts to Transformational Leaders

Sourcing as Enterprise-Wide Trusted Advisors – From Transactional Experts to Transformational Leaders

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SRC Thought Leaders Council | Moderated by Adrian Hee, Senior Executive, SRC Thought Leaders Council
Panelists:
Linda Tuck Chapman, Chief Procurement Officer, BMO Financial Group
Jeffrey Smith, Director of Global Indirect Procurement, Mylan
Brad Peterson, Partner, Mayer Brown
Tony Fi

Why are some business units reluctant to work with Sourcing and Procurement? Or only call Sourcing into negotiations and engagements at the eleventh hour? What are the key barriers and constraints to becoming trusted advisors? Too often, Sourcing and Procurement are seen as transaction focused, not strategic or consultative. The SIG Resource Center (SRC) Thought Leaders Council has explored viable strategies, best practices and success stories that will help you woo even the most reluctant of business partners. We will share what we have learned about key barriers and constraints to being accepted as a trusted advisor to internal business units and partners. We will create a common understanding of the definition, role, capabilities and behaviors of a trusted advisor and business partners, and how to earn a “seat at the table.” We will also discuss ways to help sourcing professionals assess where they are in the maturity cycle and practical ways to advance your organization up the maturity curve.


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