Large companies with significant direct material spend strive to transform buying practices to contain increase in cost of goods sold. This transformation spans procurement strategy and implementation processes; leveraging technology and tools; and suitably integrating an external partner to enable the procurement organization to pursue the transformation journey. This session will highlight the mechanics of integration with an external partner to support the client’s strategic procurement; specifically, how such level of collaboration was achieved and what is the scope of service delivery. While talking about the integration, we will describe integration of the client’s Information Technology (IT) landscape. We will also showcase some of the benefits that can be achieved from this collaborative partnership. Last, but not least, on the external service provider side, we will outline key learnings and sources of motivation to effectively deliver value.

Contributors: GEP
Categories: Summit Presentations
SRC Type: Procurement Operations