Leveraging a Traditional Procurement Approach in a Non-Traditional Way

Leveraging a Traditional Procurement Approach in a Non-Traditional Way

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Most of the time, procurement follows a step-by-step methodology to delivers results. A traditional RFP perhaps followed by an e-Auction resulting in the best suited vendor with the best value proposition. Perfect…right? What happens when you are faced with an opportunity to apply this traditional approach to source a service that isn’t traditionally managed this way? In this session, you will hear about how a financial institution leveraged traditional procurement practices to create a competitive setting to select a global Clearing Broker. We will also discuss the results achieved and how this approach and these results have started to change the perception of procurement.  

 

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