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Overall, the first day provided great insights into the potential of procurement, balanced with a reality of how much work most still have to do and many insights into how to best accelerate the journeys, to create a true masterpiece and real competitive advantage.
Checks and balances Making sure there are processes in place to catch mistakes before they become problems is a crucial part of the procurement compliance process. Get eProcurement with compliance built-in. It’s not a procurement policy, it’s a corporate policy. Everyone has to buy in.”
Balancing New Priorities Makes Procurement More Valuable. He added that the on-premise, monolithic ERP system will become a thing of the past, and will be replaced by best-in-class eProcurement platforms that can integrate with specialist tools such as CRM or service management systems. . But cost reduction is no longer sufficient.
To accommodate changing shopping behaviors and deliver experiences that delight customers, retailers will need to find the right balance. While some shoppers will begin their research for products online, then visit the store to complete a purchase, others will visit the store to see and feel a product, then complete the purchase online.
The key to a successful idea lies in the momentum that fuels it; these ideas require the perfect balance of patience and proactivity. Closing Keynote Our final keynote welcomed James ‘JC’ Curleigh –a brand-building expert who has crafted uniquely tailored solutions for Levi Strauss & Co. JC started with Newton’s Law of Motion.
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