Procurement executives are continually challenged to maintain sustainable savings, overall operational efficiency, and risk mitigation in today’s highly volatile commodity markets and risk-prone global supply chains. Organizations look up to procurement teams to deliver value beyond tactical savings. Procurement is increasingly seen as the driver of business value through cross-functional collaboration within the enterprise as well as outside. 

But how do you keep the momentum going? We will explore how a truly integrated Source-to-Settle process offers a tremendous ROI, with spend analysis driving effective sourcing, suppliers well-managed and contracts compliantly purchased off.  A successful journey begins with the vision and a solid business case and continues through effective deployment of technology and the necessary process change management.

Contributors: Flex, Ivalua
Categories: 2020 Fall - Digital, Summit Presentations
SRC Type: COVID-19, Performance Management, Sourcing Management