In 2016, procurement departments around the world are increasingly reliant on diversified staff to engage with key internal and external stakeholders, clearly communicate business requirements, and effectively execute upon project timelines to drive procurement performance beyond the status quo. In fact, a recent Ardent Partners survey of more than 300 Chief Procurement Officers (CPOs) found that enhanced talent, tighter execution, and clearer communication are viewed as three critical drivers to get a procurement team’s performance to the next level.
With CPOs and procurement teams expanding their influence and reach across enterprises, they are often forced to perform more or better with the same resources, which presents a host of challenges to the typical procurement organization. But for CPOs and procurement leaders that can overcome the associated budgetary, human resource, IT, and process challenges of today, they can adopt strategies that can help propel them forward. A larger and or more talented staff can fill physical and skills gaps within the procurement department, while better team execution can ensure that new and legacy staff synergize their knowledge, skills, and abilities to conduct efficient sourcing activities across the organization. Lastly, a better communication plan – one that reaches the executive and line-of-business levels – ensures that procurement’s mission and value are clearly communicated and that everyone understands what procurement can do for them.
To those ends, join Andrew Bartolini of Ardent Partners and Gabriel Kiewek, Vice President, Global Procurement & Materials Management at Praxair Inc., as they examine these factors in a webinar focused on best practices and strategies that leading CPOs have utilized to overcome enduring challenges and achieve enterprise-wide success. Attendees will receive a briefing on the state of strategic sourcing in 2016, including the pressures and challenges that CPOs and procurement leaders encounter on their path to success, as well as the top strategies that they adopt to overcome them.
Date: Wednesday, January 27, 2016
Time: 2:00 PM – 3:00 PM ET
Webinar sponsored by Zycus
Andrew Bartolini, Chief Research Officer, Ardent Partners
Gabriel Kiewek, Vice President, Global Procurement & Materials Management, Praxair Inc.