When consumer foods giant Kellogg Company set out on its Procurement Transformation effort, they knew they would be looking not just for solutions to address organizational and process opportunities, but also for creating quick-hit yet meaningful opportunities to demonstrate sizable value creation to the business. The good news is, these aren’t just words on the page: progress so far has been extraordinary. After 120 days into their Procurement Transformation initiative, Chief Procurement Officer (CPO) Walter Charles has much to share about the transformation journey so far.
From this Procurement Leaders executive webcast presentation (April 30, 2013 - view at: http://response.procurementleaders.com/webinar_registration_april), this dynamic and engaging CPO described how the Kellogg Company is:
Generating value creation successes across several business-critical direct and indirect spend categories
Re-evaluating their “solution” toolset and how tool expansion plans are delivering incremental value
Facing significant challenges in how to best align their people resources and process to maximize time spent on higher-impact activities
Setting new stretch-target goals supported with renewed organizational focus
The presentation was sponsored by advanced e-sourcing solution provider, CombineNet, who also shared how their global customers, including Kellogg Company, leverage their unique capabilities to support Procurement Transformation efforts.