Strategic Sourcing in the New Economy:
Harnessing Sourcing Business Models in Modern Procurement
Kate Vitasek
The business battlefield of this century will be based on harnessing the latent power of Sourcing Business Models. The procurement playing field is no longer one of lowest cost or best value, but knowing when and how to apply collaborative relationships where suppliers are incentivized to drive transformation and innovation with purposeful investments designed to create value for your organization.
Attendees will leave with a fresh perspective and a new lens for thinking about supplier relationships.
Key takeaways include:
- Why some of the worlds’ most popular sourcing strategies are incomplete for today’s modern procurement challenges
- Why and when it is essential to make the shift from “negotiating” to “architecting” supplier contracts
- How systems thinking can optimize supplier relationships
- How to apply Sourcing Business Model theory for any spend category
She will speaking on Day 1, May 1st, in the General Session room.