Marsh & McLennan Companies | Marsh & McLennan Companies

Sourcing Organizations are under constant pressure to deliver year over year cost reductions. Most mature Sourcing organizations have already Sourced commodities like Office Supplies, Courier Services, Desktop Hardware/Software etc. For these commodities, it will be quite challenging to deliver year over year cost reductions, especially in an environment where base costs could escalate in 2012. In this environment, Sourcing organizations will need new approaches to define and communicate value to justify continued investment. This session will discuss strategies to define value in areas like Supplier Innovation, Supplier Diversity, Compliance, Risk Management and will discuss approach to Sourcing complex categories like Marketing and Legal Services.

Contributors: Marsh & McLennan Companies
Categories: SIG U Resource, Summit Presentations
SRC Type: Performance Management, Risk Management, Risk Management Outsourcing (RMO), Sourcing, Sourcing Management, Stakeholder Engagement