The pressure for procurement and supply chain professionals to deliver cost savings and operational efficiencies has never been more significant while navigating an ever-changing economic environment. A lack of visibility into overlapping suppliers and costly fragmented purchasing processes can hinder global enterprises and multidivisional companies. This creates challenges for maximizing cost reductions and uncovering all possible savings opportunities. An established and sustainable spend analytics solution can quickly unlock savings opportunities and free up time to focus on supplier relations and negotiations.
Contributors: ConMet, SievoCategories: 2023 Fall - Scottsdale, Summit Presentations
SRC Type: Sourcing Management, Spend Management