EY | The Smart Cube
Procurement organizations spend significant time and resources structuring robust strategic sourcing processes that are designed to drive material savings and improve supplier performance. Often times, though, the best laid plans fall short during execution for reasons as wide ranging as lack of tools, resources, rigor and oversight. What can best-in-class companies do to ensure continuous, successful performance? What are the guiding principles that underpin long-term performance? What are the critical tools and resources that will improve chances for success? This presentation will discuss best practices to consider when structuring a world class strategic sourcing process – one that ensures long term success through both hard and soft benefits for the organization.
Contributors: EY, The Smart Cube
Categories: 2014 Spring - Nashville, Summit Presentations
SRC Type: Benchmarking and Analysis, Category Management, Performance Management, Procurement Operations, Sourcing Management, Third Party Management