Rethinking Spend Management: Mastering a continuous approach
Tired of scrambling? Nix the last-minute panic and rediscover your negotiation edge with a continuous spend management approach. While the procurement process is cyclical in nature, teams often treat it in a linear fashion. Typically, they only monitor purchases a few months (or weeks) ahead of the purchase or renewal, and then set-and-forget once signed. This results in duplicative work and missed opportunities.
By shifting to a continuous strategy, procurement teams can leverage real-time data, streamline negotiations, and achieve optimal pricing and terms. Discover how to implement this approach and gain tactical insights from procurement expert KR Barron as she unveils how to:
- Get a head start on renewals, without adding to your workload.
- Discover automation hacks that free up your time for strategic negotiations.
- Prepare for multiple renewals at once and negotiate with confidence.
- Ensure alignment across teams for seamless spend management.
Discussion hosted by Productiv’s KR Barron, a Procurement leader, and SIG President Dawn Tiura.