Procurement Fundamentals That Drive Results – CME Group

How does using the fundamentals of procurement result in significant savings for the enterprise?

CME Group

How does using the fundamentals of procurement result in significant savings for the enterprise?
In this session you’ll learn how to
accomplish Procurement’s goals without being viewed
as a roadblock to the organization. We will
discuss the process institutionalized at CME that delivers
substantial savings in procurement deals which can be applied
to all category spends in the organization.
A repeatable, and yes, simple example will be included in the
discussion.

You Will Learn:

  • Methods of Engaging End Users in a Decentralized Organization
  • Tool Ideas to Support the Demand Guidelines
  • Communications and Support Mechanisms 
  • Methods to Control Demand and Costs of Travel Services
  • Guideline Suggestions
  • Challenges Faced

  • The Value of Internal as Well as Supplier Relationships
  • Moving from Being Viewed as a “Buyer” to a “Consultant”
  • How Doing Your Homework In Advance of the Negotiations Drives Value
  • Capitalize On What’s Important to the Supplier as well as the Account Team…They Can Differ
  • Knowing how the Supplies Cost Impacts the Deal
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