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What is the secret to become a procurement champion in a value-driven procurement organization?
Find more savings, increase contractual compliance, check performance of all the suppliers, increase spend under management? Keeping a tab on all these areas and ensuring better performance can certainly be a difficult task for procurement, but not impossible.
Keeping a tab on these areas and ensuring better performance can be quite an uphill task for procurement. Companies can gain better results by integrating existing point solution with consolidated strategic sourcing solutions. This approach would allow organizations to see greater value in their technology investment.
Key Take-ways:
- Understand ways to drive increased contractual compliance
- Get to know ways to increase spend under management
- Learn about guided buying to steer users to right suppliers
