In many government organizations procurement optimization has become recognized as a fundamental enabler of business strategy, and a preferred method .. Read more for achieving sustainable cost reductions; with many departments and agencies looking towards data and automation to drive efficiencies. However, if the foundations of supply chain and procurement – the contract and suppliers – are overlooked, technology can only achieve so much and get so far in maximizing results. The role of contracting and supplier management is drastically changing in today’s challenging times. Organizations that have clearly defined contract compliance and supplier management processes can achieve greater cost savings, minimize risks, reduce time and costs, and maintain strong supplier relationships. Strengthening the fundamentals of contract and supplier management in collaboration with digital initiatives has never been more imperative. The Public Sector Network’s ‘Improving Contract & Supplier Management’ virtual event brings together supply chain, shared services, contract management, and procurement leaders to help you maximize results by improving the basics.
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