Innovations in Sourcing: Spend It Like It’s Yours (SILIY): Transforming Procurement at VSP Global

Innovations in Sourcing: Spend It Like It’s Yours (SILIY): Transforming Procurement at VSP Global

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VSP Global’s Corporate Procurement and Travel division was tasked with taking an aggregated view of purchasing opportunities and drive better business outcomes. The group developed the Spend It Like Its Yours (SILIY) campaign that included an intensive change management approach utilizing a mascot, campus signage, video vignettes and face-to-face meetings across all levels of business partners. The group hired talent into the team and invested in training and development across all facets of procurement; and invested in the tech stack to ensure our P2P operations, Spend Analytics and Contracts Management solutions enabled this transformation. Operating without a mandate, the team focused on creating value for our customers and driving early engagement on procurement needs. 

 

About the Future of Sourcing Awards

The 2018 inaugural Future of Sourcing Awards program recognized organizations that showed innovation, leadership and transformation in categories critical to the sourcing industry. The Awards brought together some of the brightest minds, the best insights and the most relevant topics and created a truly remarkable experience. In eight categories our esteemed judges selected three finalists from many innovations in sourcing, outsourcing, third party management, supplier performance, digitization, governance/compliance, talent management, and sustainability. 

Each nominee was invited to discuss their innovations in a podcast for The Sourcing Industry Landscape as well as a Ted-style Talk at the SIG 2018 Fall Global Summit. Finally, each nominee was asked to provide a handout for their Talk. 

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