SPEND VISIBILITY

Achieving transparency on spend transactions to maximise your strategic sourcing strategies

Event Summary:

In a cost-focused environment, many companies are facing challenges to deliver greater cost savings and improve working capital at the same time as preserving supplier visibility. By ensuring accurate access to spend data, the procurement executives are able to plan forward spend in order to generate optimal cost savings. Spend visibility is the foundation for efficient supply chain management.

By capitalising on new technologies to collect high-quality spend data from internal and external sources, it is possible to relate spend transactions to commodity structures in order to rapidly take actions to reduce costs in a down turn economy. Improved spend visibility on your purchasing operations helps you to successfully track and monitor your spend activities. A full view on spend transactions, enable your company with real-time visibility all the way from internal visibility to external benchmarking analysis on the market situation to optimise strategic sourcing decisions. Automated spend visibility makes it possible to see “who buys what from whom” to facilitate pro-active decision making processes.

This international flag ship event will present procurement strategies to move from e-Sourcing to spend visibility in order to maximise your organisation’s bottom line results. Our distinguished cross-industry speaker panel will deliver first hand practises to capitalise on spend visibility tools to strengthen your company’s position when the global economy starts to recover.

This event will tackle key issues such as:

• Examining current status and future trends within e-Sourcing and spend management
• Spend visibility: “Who buys what from whom?”
• Creating a source to pay platform to enhance spend visibility for your indirect spend categories
• Building a data warehouse to get spend visibility through one system in a global organisation
• How do you aggregate spend information to achieve full visibility?
• Automating the entire P2P process to improve your organisation’s spend visibility
• How do you use spend analysis to track savings and compliance?
• Centralising your sourcing processes to monitor and track your global spend
• Identifying your spend to maximise your saving opportunities

Target audience and Job titles:

Presidents, Chief Executive Officers, Chief Procurement Officers, Chief Information Officers, Vice Presidents, Directors and Heads within:

• Sourcing
• Procurement
• Source-to-Pay
• Global Procurement
• Corporate Sourcing
• Sourcing & Procurement
• Operating Resource Sourcing
• Global Supply Chain Development
• Sourcing, Support and Processes
• Supply Chain Planning, Global Operations
• Global Supply Chain
• Logistics
• Procurement Development
• Global Purchase
• Purchasing
• Demand Supply Chain
• Group Sourcing
• Strategic Sourcing
• Group Procurement
• Group Demand Chain
• Finance, IT & Global Sourcing
• Global Purchases
• Contracting & Procurement
• E-Sourcing
• Business Development
• Consultants