Bank It: Optimizing the Source to Contract Process to Maximize and Lock in Savings

Bank It: Optimizing the Source to Contract Process to Maximize and Lock in Savings

The SIG Resource Center is moving to The SIG Community. If you are a SIG Member, or enrolled in SIG University, and don’t have access yet, you can do so here. Already have access? Log in and visit the new SIG Resource Center.

This session will examine the principles, processes and technologies that Cardinal Health used to make its business more efficient, with a specific focus on the sourcing and contract management processes. Learn how this major health care company has streamlined and automated the contracting process for a system that manages thousands of contracts annually – and how advanced sourcing technology helped the company decrease project cycle time by more than 50% and increase penetration and savings in both indirect and direct materials.

Topics in this session included:

  • How to make sourcing a sustainable organization
  • How to remove obstacles that block our ability to deliver year over year savings
  • A solution implementation strategy and contract management framework
Contributors:
Categories: ,
SRC Type: ,

Please log in to download the document.

Please log in to view the video.