Gaining actual savings from the best-laid sourcing plans requires organizations to put in place a closed loop strategy – one that addresses operational sourcing as well as the processes around it. An optimal plan would include cutting-edge analytics to drive better decisions, water-tight contract management to improve adherence and disciplined supplier management to improve performance. Join this session to hear from experts on how organizations can translate savings from paper to the bottom-line through a tightly woven collaborative sourcing process.

Topics covered in this session included:

• Best practices and key considerations for implementing a successful spend analysis program to uncover sourcing savings
• An integrated approach to strategic sourcing and contract lifecycle management
• Effective supplier discovery, performance management and risk mitigation

Contributors: Abercrombie & Fitch, SAP Ariba
Categories: 2016 Spring - Orlando, Summit Presentations
SRC Type: All Sourcing Management, Sourcing Management