The events of 2020 have highlighted the impact supply chain disruption can have on a company’s top and bottom lines. Executive teams are intensely focused on increasing supply chain resilience while reducing costs and protecting existing revenue streams. They’re asking procurement teams to help balance these objectives, as demand volatility makes it harder than ever to optimize supply chain spend. The product and brand companies that adjust quickly and figure out how to juggle these challenges will not only weather the current storm–they’ll thrive.
Procurement teams are uniquely positioned to lead supply chain resilience initiatives. That’s because procurement brings together the right suppliers, products, and materials needed to fulfill customer demand.
To meet today’s challenges in supply chain spend management, we must embrace automation. Gone are the days of being able to throw bodies at a problem. Systemic inefficiency not only creates unsustainable processes, it creates enormous waste and revenue risk. Now is the time for procurement to lead through change.
On September 29th, join us for an AOP Live session featuring Tom Kieley, CEO and Co-Founder of SourceDay, and Go Kamiyama, Senior Manager of Strategic Initiatives from NetSuite. They will answer live audience questions about:
- Preserving the work that has been done internally to brand procurement as a value-driven function
- How to answer the million dollar question so often asked by finance: ‘Where did the savings go?’
- Breaking the organizational perception of a zero sum game between growth and cost savings
- Delivering meaningful expense reduction without sacrificing revenue or future ability to scale
- Change management lessons learned from procurement change agents
- How to answer another million dollar finance question: ‘Why can’t we react faster to supply and demand disruptions?’
- The technology-enabled process improvements that make spend management more efficient while also making the operation more responsive to inevitable changes in supply and demand signals