Making the Switch: From Cost-Control Gatekeeper to Strategic Business Advisor

Procurement leaders face more pressure than ever to address unmanaged spend, mitigate risks, and achieve visibility into all types of talent. The good news is that amid the challenges and obstacles are opportunities to drive strategic value. So, what’s the answer? It’s time to think differently about the services procurement. Certainly, Procurement will always have to prove value through cost control, risk mitigation, and timely outcomes, but it can partner with HR and business leaders to deliver expanded, demonstrable value to the business. Through case study examples supported by insights gleaned from SIG members, you’ll learn some best practices to build the necessary foundation for a services management program to ensure positive outcomes in the next-normal world of work.

Attendees will learn how to:

• Understand the impacts of services spend mismanagement

• Deconstruct the work to be done to determine optimal talent channels, including price parameters and a broad view to supplier capabilities

• Influence company performance from reducing management burdens to raising services impact, and boosting data-driven intelligence

• Demonstrate new areas of value by applying proactive, repeatable risk analysis and mitigation strategies