Suplari CEO Nikesh Parekh Discusses why the CPO and procurement function are critical to driving profitability in a post-COVID business environment and builds a case for why CPOs should leverage this opportunity to drive more value and improve their earnings potential.
Profitability is more important than ever — and procurement leaders are more strategic than ever. Procurement is no longer just a cost center, a spender of money made by others in the enterprise. With the right tools and methodology, procurement can maximize every dollar of profit and discover every dollar of cost savings, positioning them to be critical drivers of the bottom line.
The economy looks to be improving. There are five key reasons to be optimistic for 2021: COVID-19 vaccines, rising consumer sentiment, optimistic business outlooks, rising manufacturing indices, and a reduce likelihood of a contested election. Budget conservatively, but plan to be agile for upside in 2021.
What is Spend Agility? Spend agility is the ability for enterprises to rapidly assess, predict & change spend, investments and operations strategy in real time, to capture value-creation opportunities.
Overview: BT Group Chief Procurement Officer Cyril Pourrat and Sr. Transformation Officer Adam Brown discuss how they are powering “the salesforce of the bottom line” at BT Group using Suplari for spend analytics, spend intelligence and spend agility. CEO of the Sourcing Industry Group Dawn Tiura interviews Cyril Pourrat, Adam Brown and Suplari CEO Nikesh … Read More
Media News Group Chief Procurement Officer Jeff Ball is using spend analytics and Suplari to renegotiate spend and payment terms with his top one hundred suppliers amidst 2020’s coronavirus crisis. Understanding spend across the enterprise puts him in a better position to negotiate terms. Suplari insights also enable Media News Group to capture rebates from … Read More
Media News Group Chief Procurement Officer Jeff Ball discusses how to elevate procurement strategically in the enterprise through Zero-Based Budgeting, Driving Cash Flow, and Partnering with the CFO.