Industry Calendar
In Search of Spend Optimization (Coupa, Aberdeen Group)
Wednesday, August 15, 2012, 01:00pm - 02:00pm
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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.