Five Principles Every Procurement
Executive Should Know
Procurement organisations have once again been called to action. What is the mission? Maximise savings in the face of a bleak global economic outlook.
A powerful weapon to help you accomplish this may currently be languishing in your filing cabinets… your supplier contracts. Contracts are the lifeblood of your supplier relationships. However, for most enterprises, contract management processes are fundamentally stuck in the 19th century. Bringing contract management into the 21st century creates opportunities not only to impose the right obligations on the supply base and improve internal productivity, but also to meet the regulatory compliance agenda in complex areas such as child labour, fair wages and environmental standards.
Please join speakers from Forrester, Syngenta and Emptoris as they share their latest research and experience on how 21st century businesses manage the complete contract lifecycle to its fullest potential.
Attendees to this webcast will learn practical strategies on how to:
- Achieve centralised visibility of your contract portfolio
- Create contracts with optimal terms
- Monitor compliance to contract commitments
- Adopt techniques to measure & develop supplier performance
- Reduce risk of regulatory non-compliance
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