Tag: procurement

Managing Risk in Services Sourcing | Virtual Roundtable

May 18, 2020

90-minute virtual roundtable on Wednesday, June 10, 2020, 11:00 a.m. – 12:30 p.m. ET

Request to Attend

The COVID-19 crisis has forced organizations to reevaluate risks across locations and the supply base. Do you know where to start?

In this interactive session, we will discuss common risks in services sourcing across locations and service providers. We will cover tactics to measure and mitigate risk. Topics will include changes in approach to risk management during the COVID-19 pandemic.

Who should attend

Global services, procurement, VMO and outsourcing executives of enterprises wishing to learn more about locations and service provider risk management in services sourcing.

What will you learn

This session will help participants consider options to broaden their monitoring and mitigation activities related to location and service provider risk, and share experiences to date.

Virtual roundtable hosts

Amy Fong

Vice President

Sakshi Garg

Vice President

Virtual roundtable guidelines

While there is no charge for these sessions, the price of admission is participation. These sessions are most successful when all attendees are prepared to share their experiences with colleagues at other enterprises.

In support of this objective, participation is limited to senior executives within enterprises (no service providers), and each attendance request must be approved by Everest Group to ensure an appropriate size and mix of participants. The 90-minute session includes introductions, a short presentation, and 60 minutes of facilitated discussion.

Request to Attend

SOW/Services Procurement Spend Management | Market Insights™

May 21, 2019

Procurement Outsourcing BPO vs MSP: Clash of the Titans

PO BPO vs. MSP: Clash of the Titans
Spend on third-party services is huge and growing, bringing attention to the need for better spend management capability.

Enter the titans of third-party services spend management – contingent workforce MSPs and Procurement Outsourcing BPOs. Given their history and expertise, these types of service providers are well-positioned to help manage this spend, but they have varying capabilities that are vital to understand when choosing between them.

Visit the report page

CRO-to-CRO Video Series: Episode 2 Explores the Evolving Role of Procurement | In the News

April 22, 2019

Procurement has come a long way from the 1980s, when it was simply a transactional function, up until today, when talk of artificial intelligence, blockchain, RPA, process mining and rapid self-service are all the rage.

This digital conversation is having “a major impact” on the role of procurement, just like all other functions, says Pierre Mitchell, one half of the “CRO-to-CRO” discussion pairing we’re spotlighting with a series of videos over the next few weeks.

Recently, Mitchell, chief research officer of Spend Matters, had a chance to sit down with his old friend and former colleague Michel Janssen, chief research guru of Everest Group, a research and management consulting firm based in Dallas, Texas.

Read more in Spend Matters

SOW/Services Procurement Spend Management | Market Insights™

April 21, 2019

PO BPO vs MSP Clash of the Titans

Spend on third-party services is huge and growing, bringing attention to the need for better spend management capability.

Enter the titans of third-party services spend management – contingent workforce MSPs and Procurement Outsourcing BPOs. Given their history and expertise, these types of service providers are well-positioned to help manage this spend, but they have varying capabilities that are vital to understand when choosing between them.

Visit the report page

Direct Spend to See an Increase in Outsourcing: Report | In the News

April 2, 2019

A new report from Texas-based research firm Everest Group analyzes the factors contributing to suboptimal direct spend management.

The report — “Is It Time to Outsource Direct Spend Categories?” — aims to provide a process for enterprises to begin changing their approach to direct spend management.

In recent decades, Everest Group explains, the procurement function has evolved as enterprises have streamlined their processes for buying goods and services.

Read more in Spend Matters

How To Purchase Services For Digital Transformation | Sherpas in Blue Shirts

October 22, 2018

Disruptive technologies enable dramatic new ways of doing work and delivering value to customers. Understandably, companies are rushing to implement disruptive technologies to change their business so that they can better serve their customers, employees, partners with new value and lower their total cost of ownership. Achieving this goal necessitates assembling a digital platform. However, few companies have the resources to build and maintain a platform alone, so they need to contract with third-party service providers. Here’s the problem: the classic procurement approach for third-party services doesn’t work with digital transformation.

Read more in my blog on Forbes

ProcureCon Total Talent Management Conference — September 26-27 | Event

September 26, 2018

Research VP Julian Herbert will be a key speaker at ProcureCon Total Talent Management 2018 held on September 26 and 27 in Amsterdam. Julian will lead a session titled “Total Talent Acquisition: a Roadmap for Enterprises” on September 26.

About the event

What started off as 100 people in a room discussing where this sector is headed, has lead to over 5,000 senior-level procurement executives being inspired while learning and developing their company as well as their careers over the past 17 years.

Recently, ProcureCon customers – Procurement leaders from the world’s leading companies – have asked for a dedicated learning and networking platform for their vertical. So, ProcureCon organized the Total Talent Management event.

When

September 26-27, 2018

Where

Novotel
Amsterdam City, Amsterdam

Speaker

Julian Herbert, Vice President, Everest Group

Learn more and register to attend

Preparing for End of Term: Key Considerations for Today’s Dynamic Environment | Virtual Roundtable

July 27, 2017

Thursday, July 27, 2017 | 11:00 a.m. – 12:30 a.m. ET

Preparing an end-of-term strategy involves critical analysis around renew versus recompete versus re-sourcing. Current Market dynamics, including the rotation to digital and geopolitical unrest, are significantly impacting the market, making contracting even more complicated.

To help sourcing and procurement executives nearing end of term on major outsourced contracts, this session will provide an update on current market trends and practices, followed by a group discussion among participants on how they are approaching their sourcing strategies and negotiations, including key considerations and best practices, among other topics.
Who Should Attend
Global services sourcing and procurement executives in enterprises nearing end of term in their key outsourced contracts.

What You Will Learn
This session will help participants develop an understanding of the key considerations, best practices, and next-generation digital levers to manage end-of-term planning and execution.

Request to attend

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