Event list
The Myths and Reality of Procurement: Understanding and Improving our Functional Reputation (SIG Townhall)
Wednesday, September 14, 2016, 01:00pm - 02:00pm
by This email address is being protected from spambots. You need JavaScript enabled to view it.
So why is it that far too often the folks in Procurement are considered “The people you love to hate?”. Why does this feeling continue when Procurement clearly ads value, mitigates costs, helps to improve function and quality and improves he bottom line for both buyers and sellers? How do we de-bunk, once and for all, the myth that the Procurement function exists only to slow things down and cause aggravation? Linda Behan, Senior Vice President Global Procurement, Iron Mountain recently took some time to dissect the Procurement function’s reputational problem. Join this Town Hall Teleconference to discuss and learn from her findings which hinge on the 5 most commonly used phrases for referencing Procurement departments:
- Focuses solely on reducing unit price
- Holds rigidly to a process – “make us bid everything” “commoditize everything”
- Operates in a silo – doing “procurement stuff”
- Late to the engagement – “slowing us down”
- Maintains inadequate subject matter expertise – “doesn’t know our business” “doesn’t know or understand our market”