In manufacturing companies, procurement has a significant impact on profitability and competitiveness. Particularly when material costs are high, the quality of procurement decisions directly determines how much value procurement creates for the business. But which levers have the greatest impact, and how can they be systematically identified and used?
In this webinar, Nicolas Neubauer, Co-Head of Manufacturing Spend at Ivoflow – a Jaggaer company, and Markus Riegelmeyer, Group Director Procurement at Hengst Filtration, will present 10 key levers in strategic procurement that can help companies measurably increase the value procurement delivers.
The focus will be on how data, Spend Intelligence and AI can help identify opportunities early, make better-informed decisions and proactively manage procurement strategies. Using practical examples from the manufacturing industry, you will learn how existing procurement and market data can be turned into actionable insights and what it takes to successfully implement these approaches.
What you can expect from the webinar:
- 10 strategic levers to increase procurement's contribution to business value
- How Spend Intelligence and AI can be used in strategic procurement
- Approaches to data-driven and proactive procurement decisions
- Practical examples and insights from a manufacturing company
Discover how to move beyond simply analysing data and use it strategically to unlock savings opportunities, take a more strategic approach to procurement and make a direct contribution to your company's profitability.
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about our procurement solution?
Let us show you how ivoflow can support your business. We are ready to showcase our procurement management system. Together we will find the perfect solution for your company. Feel free to give us a call or e-mail us today!
Save your power and
empower your savings.
