A Pot of Gold: Adding Business Value beyond Cost Savings

A Pot of Gold: Adding Business Value beyond Cost Savings

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Regardless of what other business units think, procurement value creation is not just about cost savings. It’s about procurement optimization and its impact on revenue and profitability. This keynote session highlighted Walter Investment’s journey in finding value beyond cost savings. Specifically, attendees heard how Procurement set a strategic initiative to drive more value into the business by improving procurement control and governance, leveraging technology to integrate the entire upstream and downstream processes, increasing contract compliance and strengthening supplier relationships.

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