From Theory to Practice: How GuideWell Implemented Sourcing Business Model Theory to Drive Better Sourcing Initiatives

From Theory to Practice: How GuideWell Implemented Sourcing Business Model Theory to Drive Better Sourcing Initiatives

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You heard about Sourcing Business Model theory. You may have even take a SIG University course.  But what are you DOING to implement it? This session provides the perfect blend of theory and practice by starting explaining the why and what of Sourcing Business Model theory. GuideWell will then share how they operationalized the theory into practice through simple changes in their processes and technology solution. The session ends with lessons learned and tips you can use to help you get started applying Sourcing Business Model theory.

You will learn:

  • Why sourcing professional needs to challenge conventional approaches for buying goods and services
  • The theory behind sourcing business model
  • How GuideWell applied sourcing business model theory in practice
  • A practical example of technology solution to support a sourcing business model approach
  • Lessons learned
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