5 Steps for Taking Control of your Procurement Process
Does your purchasing process resemble the Wild West? If so, you’re not alone. Today, more and more purchasing departments are waking up to the fact that their indirect procurement processes are both operationally inefficient and expensive.
Best-in-Class organizations pay an average of 9% less on their purchases, and enjoy 20% lower costs on purchasing in general.
Join us for a lively discussion focused on 5 steps for taking control of your indirect procurement. You’ll hear about the value of:
- Performing an internal audit
- Prioritization of your spend categories based on a mix of spend and value
- Purchasing solutions and guided buying
- A ‘no-PO, no-Pay’ policy
- Engaging with your suppliers to provide you with e-catalogs and e-invoicing
Who should attend: CPOs, procurement professionals and those connected to the buying process in organizations with room for improvement in their indirect purchasing process. If you cannot make the live session, go ahead and register, and we’ll send you the recording.