Using the right tools effectively can transform how you manage your commercial operations. Strategic sourcing solutions achieve benefits by releasing resources into more value adding activities, unlocking more productive and innovative supplier relationships, reducing risk and generating savings. The strategic sourcing application suite is made up of four core modules:\r
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E-sourcing\r
Contract management\r
Supply base management (SBM)\r
Spend analysis\r
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Selecting the right tools is only the beginning of the transformation, success depends on aligning business processes and creating an action oriented environment. David will discuss how the tools can facilitate better strategic management and decision making and how to overcome the pitfalls to ensure their adoption is successful.\r
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Our Expert: Craig Lorne
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