Ardent Partners and Zycus are collaborating on a research and webinar series focused on the strategies that can help CPOs elevate their organizations to the next level of performance. This Wednesday, July 29 at 2:00 PM, Andrew Bartolini, Chief Research Officer of Ardent Partners, and Richard Waugh, Vice President of Corporate Development of Zycus, will kick off this series with a free, one-hour webinar that will discuss the value of getting sourcing teams engaged earlier in their projects.
Ardent Partners research has shown that getting the sourcing team involved earlier on a project can drive savings, improve quality, and reduce risk. Sourcing projects save more money when procurement is engaged at the front end of the process rather than later. The difference between serving as an order-taker or as a strategic partner is not subtle.
Join Andrew and Richard as they discusses the strategies and approaches that CPOs and their teams can use to engage the budget-holders in proactive planning discussions and formalize their levels of interaction and support. These strategies and approaches include:
- Collaboration: Co-locating and embedding with internal business units to become front-line partners early in the sourcing process. Being “in the trenches” can help procurement leaders and teams build and maintain situational awareness and be better resources.
- Communication: Not only representing procurement at every meeting and on every call, but also sharing procurement’s success stories, and offering continuous help to partners along the way. Nothing sells success like success.
- Effective Execution: Ensuring that once procurement gets engaged in the sourcing process, that they consistently meet or exceed expectations. It can take months or years to build trust, but no time at all to lose it. We’ll offer tips on how procurement can effectively execute for everyone’s benefit.
In addition to the above, he’ll also share information about the benefits of collaboration, communication, and execution, and how Best-in-Class teams translate these strategies into greater procurement-wide and enterprise-wide success. Webinar attendees will surely take away some ideas on how to elevate their procurement performance to “the next level.”
CPO Game Changer Series: Volume 1: Early Engagement
Date: Wednesday, July 29th
Time: 2:00 PM ET
Duration: 60 minutes
