There is a shortage of talent in the procurement profession. So what can procurement executives do about this? Simply poaching staff from other organizations is not a sustainable solution for the profession as a whole.
In this 45 minute-webinar, procurement expert and former CPO, Peter Smith, looks at the latest thinking in the whole area of supplier management – so not just the SRM around the most critical suppliers, but the wider picture.
Having a complete command of your procurement strategy across all products and services can be the difference between run of the mill outcomes and differentiated best-in-class results for your organization.
During this webinar, Kristian O’Meara, Senior Vice President of Value Engineering at BravoSolution, will discuss a category segmentation approach that can be used to assess and slot your categories using two factors.
You will learn:
The first axis is the risk that is present within the categories and the second is the impact that sourcing the categories efficiently and effectively can provide for your company’s bottom line result.
Once the categories are segmented we will discuss the approaches that best-in-class procurement departments are using to drive results.
The final step is prioritizing category execution order and tracking your strategies to value realization!
In procurement huddles we have long lamented how the top table don’t engage, don’t understand, and don’t seem to value what we do. So whose fault might that be? If the answer eludes you, perhaps we just need to look in the mirror to find the culprit.
Are you using sourcing optimization to unlock hidden savings? During this webinar, BravoSolution sourcing experts Dave Aichinger and Anthony Mignogna, will provide a “deep dive” of BravoAdvantage SourcingPlus, review a customer case study and show how you can leverage sourcing optimization to be more responsive to stakeholders while supporting corporate goals and objectives.
With SourcingPlus you can rely on a powerful evaluation engine designed to compute the best outcomes in a matter of minutes.
You will learn:
How optimization can significantly reduce the time it takes to evaluate supplier bids
Advanced sourcing techniques that can unlock hidden savings, i.e. volume discounts and alternative items
How your sourcing team can become more efficient while increasing their effectiveness
The webinar also features the live Q&A session.