Increasing spend under management is a top CPO priority. But is it enough? Not according to Constantine Limberakis. He argues that increasing the strategic value of procurement - by creating a culture of spend optimization - should be the focus.

Join us as Constantine shares his findings and details these five common characteristics of best-in-class procurement organizations:

• Profit-center minded
• Always on the mind of the executive
• Talent oriented and focused
• Organized through a center-led approach
• Innovative through technology

These leaders realize their negotiated savings at a rate of more than 3X the industry average  - and 12X the rate of laggards. That's a lot of spend optimization. And a lot of bottom line impact.

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