Sourcing and procurement organizations are no longer tactical and reactive – and proper application of market intelligence can help transform a tactical team to a strategic team, or strengthen the results of your category-managed team. In this session, learn strategies for using market intelligence beyond price benchmarks and cost reductions to optimize supply chains, interpret regional and national nuances to products and services and anticipate changes in the industry. “Market intelligence” is commonly referred to in sourcing, procurement and category management, but is your team leveraging it?

• About cost benchmarks – what else is there?
• How to become a go-to consultant to your business partners
• A real-world example of applications in a sourcing initiative
• How to enhance requirements with market intelligence

 

Contributors: Discover, IBIS
Categories: 2017 Fall - Carlsbad, Summit Presentations
SRC Type: Benchmarking and Analysis, Category Management, Procurement Operations, Sourcing Management