We support your organization to bring in the eProcuremnt revolution through transformed business processes and seamless change management.
The economic conditions can vary like the seasons of the year and hardships may be experienced around every turn. However, from a strategic sourcing perspective the recession can best be summed up in one word—opportunity. With commodity prices plummeting almost across the board and suppliers desperate for business, the strategic sourcing environment becomes exceptionally favorable for businesses. To survive and thrive, businesses need to reset the way they think about business commerce.
Spend Management Transformation goes beyond sourcing status quo:
- Leaders across all industries realize that they must move beyond status quo sourcing to a complete transformation of how they manage spend.
- New Normal requires a paradigm shift on how “Sourcing” needs to be approached and executed.
We can support you in 10 ways to re-examine the strategic sourcing within your organization. In some areas, you may be well positioned to succeed while in others, you may have focus on to create a wholesome sourcing environment.
- Bring more spend under management
- Provide “best-in-class” spend analysis
- Align your organization with your goals
- Expand your category coverage
- Leverage automated supplier discovery tools
- Employ information to be more agile
- Re-examine existing sourcing tools and processes
- Mitigate risk and manage supplier performance by implementing an enterprise-wide supplier management program
- Work more collaboratively with key suppliers to jumpstart innovation
- Consider the benefits of an integrated spend management platform
