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A Procurement Innovation Framework: Tools and Strategies to Drive Operational Efficiencies (ISM)
Thursday, March 20, 2014, 02:00pm - 03:00pm
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Procurement professionals today are evolving beyond the basics of collecting supply information to pay invoices and enable eSourcing, contracts and SPM tools. Now, corporate executives expect procurement organizations to become an area of innovation, much like IT and R&D. Supply chain innovation involves the adoption of new methods, tools and technologies to generate positive changes in cost, quality and service. Join us to learn what framework can be leveraged to develop and implement innovation within your procurement organization, as well as how to measure the success of your efforts.
Learning Objectives for Event:
- Discuss what innovation means in the context of procurement and strategic sourcing
- Understand to what extent innovation is being implemented in best-in-class procurement organizations
- Discuss challenges to innovation and how to overcome or minimize obstacles
- Offer ways to begin developing an innovation framework for your organization
- Present innovative strategies and tools that help deliver operational efficiencies