ProcureCon Indirect East 2018

February 20 - 22, 2018

Amelia Island, FL

Contact Us: 1.888.482.6012

Gauging Indirect Spend Management, GPO Adoption, & Best Practices

Gauging Indirect Spend Management, GPO Adoption, & Best PracticesGauging Indirect Spend Management, GPO Adoption, & Best Practices

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Key topics include:
  • The structure of the procurement department and prominent challenges
  • Contract management and the allocation of time to indirect spending
  • Using GPO to meet the ever present need for savings


Executive Summary

Procurement is moving forward, with trends such as centralization of the function and the addition of a more developed strategic focus into the department’s core mission becoming increasingly mainstream. Despite the major progress that has been made over the past several years, there continue to be roadblocks that must be overcome in order to preserve the momentum with which the department is moving forward, and solidify its role as an architect of the business’s overall direction.

Tactical processes, including contract management, are increasingly being streamlined through the application of technology, opening the door to a strategic focus for the department in cases where it is not already a key function. By seeking out the right solutions, procurement can amplify its impact beyond what would otherwise be possible. Take GPO adoption as an example; by embracing these solutions to leverage spending beyond what the individual department would be able to commit to, a department can outperform against its allocated resources.

Despite the ground being made towards an increased level of strategic influence and technological integration, the majority of respondents still feel that they have room to improve around their analytics capabilities. For procurement, making a case for greater influence can rely on pointing to the proof of their successes in creating value, which underscores the need for analytics tools that can provide procurement leadership with the data visibility that they require towards that end.