Should “Procurement” be the next key strategic partner for businesses?

There has never been a better time to combine strategy and the procurement function as a powerful asset in maintaining a competitive edge in today’s ever-changing business environment. With the global economic shake up in recent times, supply chains are being restructured using an increased focus on cost and compliance. Global sourcing strategies are being revamped and senior executives are looking to each other for answers. Procurement is pivotal to this whirlwind search for opportunities, tackling multi-form risks among suppliers, while still working to demonstrate real value to stakeholders.

Procurement outsourcing is key to leverage economies of scale and bring about an advancement in the execution and control of under-performing or non-core tasks and poorly managed spend categories. This strategy often results in a reduction in supply and operational costs, improved compliance and enhanced performance and cycle times. A sense of urgency in adapting management skills within Procurement to comply with the current trends will surely provide a benchmark to greater business success.

Senior management is taking steps towards providing simple but yet effective methods to apply to the Procurement function. Various methods, approaches and new ideas will be shared at the upcoming, senior level “Global Strategic Procurement Congress”, which will take place 15-16 February 2012, in Vienna.
Take this unique opportunity to meet in person representatives from Centrica, Merck, Danfoss, Rolls Royce, Ericsson, Danone, TeliaSonera and many others and through 15 case studies, 4 knowledge exchange panel discussions, 2 streams and 2 highly practical conference workshops gain the best learning experience that will help you achieve ‘procurement excellence’ within your organisation’.

For further details about the congress call Silvia Anderson on +421 257 272 105, or email silvia.anderson@flemingeurope.com or simply visit the website http://cross.flemingeurope.com/procurement-congress/

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This release was published on openPR.