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Indirect may not have the same authority as direct spend, but the pressure is high to acquire more areas of spend under management, to make more expensive purchasing decisions and to improve vendor engagement.
Procurement teams need to find efficient ways of collaborating with stakeholders so that the decisions they make aren’t held down by painful processes, yet are still controlled and precise enough to yield value across multiple categories. This agility means empowering the right buying decisions, moving fast when required and ensuring an effective matching of operational requirement with supplier offerings. Through the building of such an agile and engaged function, procurement can unlock savings and wider value.
This webinar will discuss how spend analytics systems can unlock a Pandora’s box of information and data while achieving business outcomes.
Insight will be shared on the following themes:
- Techniques for smoothing vendor engagement
- Bringing a more operational mindset to supplier management
- Developments in supplier information management
- Identifying risk and inefficiency in sharper processes
This webinar includes a LIVE Q&A with the speakers.