Source One’s Fandozzi continues her presentation with a look at ways procurement can meet challenges of sourcing indirect categories. Tools such as reporting, transparency and training can be particularly helpful to market procurement value, she says.
The EPIC Awards recognize and celebrate the most innovative, dynamic, and accomplished procurement leaders. This year, nominations will be accepted for
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Today, outsourcing is no longer a buyer-vendor relationship but a long-term partnership that is more than just cost-cutting. It helps bring about better business outcomes by leveraging high-end technology and other expert capabilities from the vendor. Thus, there’s been a shift from Business Process Outsourcing to Business Process Management. This shift has brought about a change in attitude where the end goal is to not negotiate the lowest prices, but create a win-win situation for the partners.