To meet the growing expectations and demands of employees, customers, and the market, organizations need to align ESG objectives across their businesses and service providers—building requirements and performance measures that ensure service providers provide transparency of ESG achievements across the services they deliver.
Execute thoroughly
To mitigate risk, achieve pricing/sourcing agility, and gain insight into possible avenues for innovation, procurement and business service leaders need to develop predictive spend and strategic supplier-relationship models, contract performance management and embed operational transparency into their supplier networks based on reciprocal data-sharing and enabled by digital technology.
Navigate the logistical details
While traditional procurement and outsourcing objectives such as cost savings, quality assurance, and transactional efficiency remain important, stakeholder definitions of “value” are changing. Contract performance management, processing efficiencies, scorecards, key performance metrics and benchmarks—automated and delivered in real time—are required to accurately capture and report performance against this new value definition.
Plan for success
Realizing the promise of digitally-enabled procurement requires the design and deployment of an operating model that enables the implemented technologies. It involves developing an organization with the skillsets and mindset aligned to the needs of your business and the foresight of a strategic collaborator to help drive your digital agenda.
Be purpose-built and turn insights into actions
Effective digital adoption
Redefining & reassessing value
Strategic use of data & metrics
Pushing the ESG agenda
Realizing the promise of digitally-enabled procurement requires the design and deployment of an operating model that enables the implemented technologies. It involves developing an organization with the skillsets and mindset aligned to the needs of your business and the foresight of a strategic collaborator to help drive your digital agenda.
Plan for success
To mitigate risk, achieve pricing/sourcing agility, and gain insight into possible avenues for innovation, procurement and business service leaders need to develop predictive spend and strategic supplier-relationship models, contract performance management and embed operational transparency into their supplier networks based on reciprocal data-sharing and enabled by digital technology.
Plan for success
To meet the growing expectations and demands of employees, customers, and the market, organizations need to align ESG objectives across their businesses and service providers—building requirements and performance measures that ensure service providers provide transparency of ESG achievements across the services they deliver.
Plan for success