Join Ardent’s Chief Research Officer, Andrew Bartolini on a June 17th (2 pm ET) webinar sponsored by Puridiom when he presents the findings from his upcoming report “Collaborative Procurement: Using Relationships to Drive Influence and Results” – Click here to register
About the Report & Webinar:
In 2015, Chief Procurement Officers (CPOs) are pressured to drive more value from their departments than ever before as they attempt to stretch the limits of their organizations while also maximizing the relationships they have developed with suppliers and internal stakeholders. Procurement’s ability to impact business processes, relationships, and results will certainly continue in the future, but the depth and breadth of that impact will depend on each organization’s ability to master its processes and technologies and upon its ability to collaborate with key internal stakeholders and suppliers alike. Join Ardent Partners’ Chief Research Officer, Andrew Bartolini, as he discusses the key stakeholders that procurement must engage to drive both influence and results – Register here.
Webinar attendees will learn about the importance of being collaborative – both internally with stakeholders such as Accounts Payable/Treasury, Legal, Manufacturing, Product Development, and others, as well as externally with an organization’s supplier base. Attendees will learn about the level of collaboration that CPOs and procurement teams currently report within their internal and external relationships, and how these collaboration levels can directly impact procurement and enterprise performance.
Webinar attendees will also hear Ardent Partners’ recommendations for CPOs and procurement teams to be more collaborative in their relationships with internal and external stakeholders. These recommendations include:
- Embedding procurement staff within the business
- Gaining alignment on objectives and metrics with different stakeholders
- Sharing procurement data with trusted stakeholders
- Closing the procure-to-pay loop
- Communicating with suppliers pre- and post-sourcing event for maximum value; and
- Leveraging supplier intelligence for enhanced risk mitigation
Chief Procurement Officers and procurement teams have been moving mountains over the past few years, particularly as the expectation to “do more with same” has persisted beyond the Great Recession. But in order for them to elevate the enterprise to the next level of performance, CPOs and procurement teams must collaborate with trusted partners inside and outside of the enterprise. With collaborative procurement, overworked and understaffed procurement teams can find valuable partners within AP/treasury, product development, legal, line-of-business, and suppliers, and extend the value of procurement beyond its four walls. Common goals, shared information, linked processes and systems, and above all, mutual understanding, can enhance the value of procurement’s relationships inside and outside of the enterprise. Learn more by registering for this webinar, here.
Webinar Title: Collaborative Procurement: Using Relationships to Drive Influence and Results
Date: June 17, 2015
Time: 2:00 – 3:00 PM EST
Sponsor: Puridiom
