Procurement Fundamentals

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Procurement Fundamentals

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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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