All In On Analytics: Running Your Procurement Organization by the Dashboard Lights

You have plans to digitize – or have already substantially digitized – your Procurement processes, with a goal of increasing efficiency and savings, but also to gain real visibility to the underlying process that will allow you to leverage analytics for better and more strategic decision making. This session will utilize a case study approach to illustrate how analytics can provide the insights you need to:

• Prioritize optimal savings opportunities and track savings realization throughout the project lifecycle
• Proactively monitor and ensure compliance by end-users and suppliers
• Preemptively mitigate potential supply risk events before they occur
• Proscribe and standardized processes while pinpointing and remediating process defects
• Partner and collaborate more effectively with internal business stakeholders and external suppliers
• Promote Procurement’s business value contributions to the C-suite