Procurement Physics: Quantum Improvement in Procurement Efficiencies with State-Of-The-Art Services and Applications

Procurement Physics: Quantum Improvement in Procurement Efficiencies with State-Of-The-Art Services and Applications

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The best sourcing thought leaders continually seek opportunities for achieving a best-in-class procurement practice, while not spending a fortune on applications. Outsourcing with a nearshore component provides a sound balance of low-risk and optimal cost efficiencies. In this session, the former head of Strategic Sourcing at GE, will discuss gaps often found in Procurement departments with their Buy2Pay Practice, Strategic Sourcing and Category Management programs. Session attendees can expect to learn how to optimize the work performed by category managers in order to drive and measure cost savings in real time. The speaker will also discuss how smart tools drastically assist the seamless expansion of engagement by vendors.

Topics in this session included:

  • How to understand your options and the most optimal application for your organizational requirements
  • How to define the best service that supports adoption and drives competitiveness
  • A proven methodology for change management and the selection of a credible partner
  • The benefits to implementing an adaptable solution that supports and scales to various organizational sizes and complexities
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