Procurement and Supply Chain Leaders are concerned with supplier risk, disruption, fraud, and default due to the pandemic and supply chain disruptions and ultimately, how it impacts their brand. Internally, however, due to the lack of insight and control over spend, leaders are faced with increased costs from suppliers, tail spend purchases, off-contract purchases and the inability to develop an effective opportunity plan to manage increased operational expense. Through a series of case studies, our presenters will share how other leaders have overcome these challenges by utilizing intelligence throughout the buying process from data enrichment, category planning, sourcing, supplier discovery and awarding to make impactful business decisions that improve the bottom line.
Contributors: Raymond James, XeevaCategories: 2022 Fall - Rancho Mirage, Summit Presentations
SRC Type: Risk Management, Sourcing Management