It goes without saying that we all expect business processes and technologies to take advantage of the very latest developments in automation. All teams are trying to do more with the same (or less) resources, and so efficiency remains the name of the game.
But is it possible to leverage the significant upside of automation without having to work for ‘the machine’ or hiring a fleet of robotic analysts?
The automation of spend management requires careful planning and decision making, especially if it is to be implemented consistently and with scale. Taking that first big step towards automation is as much about deciding what will NOT be addressed through automation and why as it is rolling out the automation itself.
Even with automation, there will always be more work to do than resources to do it. Understanding which spend categories are best managed by skilled human resources and which ones should be outsourced or handled via automation is as strategic a decision as any other procurement will make.
In this AOP Live session, we will discuss how procurement leaders can harness the power of GPO's as part of a broader strategy to maximize the impact of their scarce resources.
- Creative strategies for achieving savings without sacrificing value
- How to better plan for - and manage - indirect spend, looking for the best ways to realize savings
- What procurement can learn from leaders with an entrepreneurial perspective