All Procurement organizations share common goals around gaining better spend visibility, increasing spend under management and achieving proactive strategic category management. Many organizations also share common constraints such as poor stakeholder acceptance, insufficient organizational resources and an overload of transactional work. In this session, Dow Corning will present their strategy in conquering these common roadblocks in order to reach aggressive C-level goals. By implementing a Procurement Managed Service Model, they delivered increased savings and high performance expectations. Dow Corning will review its managed service model, share how they selected and implemented it, describe the key elements of the service model and highlight lessons learned.
Topics in this session included:
- What the market for Outsourced Source-to-Pay looks like
- Things to think about when considering an Outsourced model
- Some of the benefits of an Outsourced Source-to-Pay model
- Lessons learned from Dow Corning’s experience
Categories: 2015 Spring - Amelia Island, Summit Presentations
SRC Type: eSourcing and Tools, Outsourcing, Procurement Operations, Procurement Outsourcing / Transformation