In a November 15th webinar, Rosslyn Data Technologies will unveil their “Procurement Value Identifier” (PVI): a new tool designed to help procurement teams connect desired business outcomes with key performance drivers, procurement processes and capabilities. Although the full user guide will not be publicly available until after the webinar, Buyers Meeting Point received an early copy for review.
The tool opens with the procurement maturity model defined by Gerard Chick and Robert Handfield in their book, The Procurement Value Proposition (2015). The model characterizes four levels of procurement maturity and associates each with their current value proposition and the role of enterprise spend management. Chick will be one of the featured speakers on the upcoming webinar, reinforcing the importance of procurement’s maturity progression in pursuit of business objectives.