Menu
webinara overview
Leadership and Management

Webinar: Strategic Spend Management

Best-in-Class Strategies for CPO Success

webinar description

Spend under Management refers to the percentage of total enterprise spend (which is comprised of all direct, indirect, and services spend) that a procurement organization manages or influences. The percentage of spend under management at the average enterprise remains relatively flat at 61.2% in 2017. After many years of consistent growth, the industry’s all-out drive to place more spend under management has started to slow with more and more procurement organizations seemingly satisfied to manage around 60% of total spend. Only 16% of all CPOs are focused on increasing this number over the next three years.

While there is no guarantee that managing more spend will result in superior performance, Ardent Partners research has consistently shown that the procurement groups that manage more spend report superior performance across most other key metrics. Ardent Partners research also has shown that for every dollar that is placed under management of the procurement department, the average enterprise sees a benefit of between 6% and 12% during the first contract cycle. Luckily, Ardent Partners and BuyerQuest have some strategies and tips to improve spend under management and help procurement leaders convert it into real value.

Reasons to attend the webinar:
  • Learn many of the top strategies used by the Best-in-Class to place more spend under management and manage it better

  • Gain insights into how to turn spend data into actionable intelligence

  • See how procurement teams can leverage their systems and processes to centralize control and improve compliance

  • Gain a free copy of Ardent Partners’ State of Procurement 2017 report

Speakers:
Ardent Partners
Andrew Bartolini, Chief Research Officer
Andrew Bartolini is a globally recognized expert in sourcing, procurement, accounts payable, and supply management. At Ardent Partners, Andrew focuses his research and efforts on helping enterprises develop and execute strategies to achieve operational excellence within their procurement and finance departments. Andrew is also the publisher of this site, CPO Rising, the first independent media site written for and about Chief Procurement Officers and other procurement executives.
27

Sep

2017

2:00 - 3:00 PM
(GMT -5)

(Duration - 60 minutes)

ATTENDANCE FEE - FREE

WEBINAR HAS ENDED

Kelly Barner owns, manages, and edits Buyers Meeting Point. She has a unique perspective on procurement from the numerous roles she has held during her 15 years in procurement. Kelly worked for Ahold USA (parent company of grocery chains Stop & Shop, Hannaford, Giant Landover, and more) on their not ...
Read More

Other webinars you may like
Free
Dec 13, 11.00 AM (GMT -05:00)
6 Steps to Help Your Team Collaborate Better
Good collaboration is key to any successful business. Whether you're a tech startup full of engineers and growth hackers, or a "traditional" business looking to stay cutting edge, you need your team to be in sync. On December 13, we're joining forces with collaborative content platform
Slite
Speaker - Laure Albouy
More info
Free
Dec 13, 12.00 PM (GMT -05:00)
Supply Chain Marketing: Learn from the Pros
Supply Chain Marketing can be a haze of buzzwords, with every company in a crowded space endlessly describing their ‘solution’ and ‘platform’ as the best fit. Throw in expensive Magic Quadrants and Forrester Waves and it can seem even more daunting to get your message out there.
Backbeat Marketing
Speaker - Will Haraway
More info
Free
Dec 14, 3.00 PM (GMT +02:00)
An overview of the GRE General Test
Join this FREE webinar to get more information and advice from the creators of the GRE® (Graduate Record Examinations) - the most widely accepted graduate admissions test worldwide by both graduate and business schools. ETS Academic & Marketing Expert Wouter Schut will give an overview of
ETS
Speaker - Wouter Schut
More info
Other webinars you may like
Free
Dec 13, 11.00 AM (GMT -05:00)
6 Steps to Help Your Team Collaborate Better
Good collaboration is key to any successful business. Whether you're a tech startup full of engineers and growth hackers, or a "traditional" business looking to stay cutting edge, you need your team to be in sync. On December 13, we're joining forces with collaborative content platform
Slite
Speaker - Laure Albouy
More info
Free
Dec 13, 12.00 PM (GMT -05:00)
Supply Chain Marketing: Learn from the Pros
Supply Chain Marketing can be a haze of buzzwords, with every company in a crowded space endlessly describing their ‘solution’ and ‘platform’ as the best fit. Throw in expensive Magic Quadrants and Forrester Waves and it can seem even more daunting to get your message out there.
Backbeat Marketing
Speaker - Will Haraway
More info
Free
Dec 14, 3.00 PM (GMT +02:00)
An overview of the GRE General Test
Join this FREE webinar to get more information and advice from the creators of the GRE® (Graduate Record Examinations) - the most widely accepted graduate admissions test worldwide by both graduate and business schools. ETS Academic & Marketing Expert Wouter Schut will give an overview of
ETS
Speaker - Wouter Schut
More info
Other webinars you may like
Free
Duration: 30 Min
On-time Deliveries for 10Mn Customers
Scaling up a supply chain is a challenge that not many enterprises could master in their first attempt. Bigbasket, India's leading e-retailer scaled up their business from 1 to 10 mn+ customers in just under seven years. They expanded their presence to over 30 cities across India. Developing a supply
Locus
Speaker - Shaun Siler
More info
Free
Duration: 60 Min
How to link procurement processes to business value
According to The Hackett Group, 84% of procurement organizations strongly believe that digitalization of procurement processes will dramatically change the way their services are offered within the next few years. However, based on CPO Rising research, only 29% of procurement leaders are focusing on
Rosslyn Data Technologies
Speaker - Lance Mercereau
More info
Free
Duration: 60 Min
3-Part Framework for Procurement Talent Transformation
There is nothing new about the idea that procurement is standing on the verge of a talent catastrophe. As procurement professionals and managers, we lament the challenges of upskilling ourselves. There is no time. There is no budget. And what are we working towards, anyway? If procurement remains
Buyers Meeting Point
Speaker - Kelly Barner
More info
show all webinars
ARE YOU 100% SURE YOU WANT TO YOU WANT TO DISCONNECT ?

yes no
ARE YOU 100% SURE YOU WANT TO REMOVE THIS SPEAKER ?

yes no
THIS SPEAKER CANNOT BE REMOVED. YOU HAVE ALREADY SELECTED THIS SPEAKER ABOVE. SELECT ANOTHER SPEAKER ABOVE TO REMOVE IT.

OK
PLEASE TYPE A VALID KEYWORD IN THE SEARCH FIELD