Track A: More than Simply Savings: Balancing Budgets With Business Unit Needs

A session at 15th Annual Asian Shared Services and Outsourcing Week

Thursday 6th September, 2012

11:30am to 12:05pm (SMT)

In order to win the support of business units, the sourcing and procurement functions can’t simply focus on value for money – customer satisfaction and understanding the needs of the business units of paramount importance when it comes to a healthy procurement offering.

•Balancing business unit needs with savings for true strategic alignment
•Centralising procurement planning across multiple business units
•Introducing a collaborative, service-orientated culture
•Procurement as a change management instigator
•Using business liaisons and account managers to build strong relationships
•Harnessing automation technology and devising processes to ensure spend management plan efficiency
•Working together with the business units to drive innovation
•Don’t reinvent the wheel – best practices and lessons learned
•Encouraging working capital optimisation through advanced supplier analytics

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Time 11:30am12:05pm SMT

Date Thu 6th September 2012

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