SlideShare a Scribd company logo
Transformation Talk:
“Assisted Sourcing” Drives
Digitization at Brookdale Senior Living
Source to Pay Suite: Spend Analysis | eSourcing | Contract Management | Supplier Management | Savings Management | Project Management | Request Management | Procure-to-Pay
Assessing Procurement Pain Points
Top Pain Points:
 Procurement Spend Influence Limited
 “Win Locally” Culture Presents Compliance Challenges
 Granular Spend Visibility Lacking
 Fragmented Supply Base Limits Leverage
• What were the key
challenges you faced prior
to your Digital
Transformation initiative?
• What tools were available
and where did you see the
biggest gaps in your
procurement technology
infrastructure?
• Where did you rate your
pain level on the “Pain-O-
Meter”?
Source to Pay Suite: Spend Analysis | eSourcing | Contract Management | Supplier Management | Savings Management | Project Management | Request Management | Procure-to-Pay
Addressing Stakeholder Perceptions of Procurement
• Before starting your Digital
Transformation journey,
what was the perception of
Procurement within your
enterprise?
• What tools or methods do
you use to engage
stakeholders and elicit
feedback on their
perception of
Procurement’s
performance?
Source to Pay Suite: Spend Analysis | eSourcing | Contract Management | Supplier Management | Savings Management | Project Management | Request Management | Procure-to-Pay
Check out our webinar at https://zyc.us/2GNw7jJ
Source to Pay Suite: Spend Analysis | eSourcing | Contract Management | Supplier Management | Savings Management | Project Management | Request Management | Procure-to-Pay
Benchmarking Spend Visibility
38%
99%
Peer Top Performer
Line-Item Spend Visibility Rate
Source: Purchase-to-Pay Study, The Hackett Group, 2017
Ability to View Spend Data by Supplier
• How did your spend
visibility – at the
Supplier and Line-
Item Level – compare
to the Peer Group and
World-Class
Benchmarks?
• How did a lack of
spend visibility impact
your ability to
influence spend?
Source to Pay Suite: Spend Analysis | eSourcing | Contract Management | Supplier Management | Savings Management | Project Management | Request Management | Procure-to-Pay
Benchmarking the Sourcing Process
• How did your Sourcing
cycle time compare to
the overall benchmarks?
• Which steps consumed
the most time? Where
were the choke points in
the process?
• What is ideal time
allocation by step that
would help to maximize
the value created in the
Sourcing process?
Source to Pay Suite: Spend Analysis | eSourcing | Contract Management | Supplier Management | Savings Management | Project Management | Request Management | Procure-to-Pay
Creating the Business Case for Digital Transformation
• What were the key value
drivers of your business
case for Digital
Transformation?
• What were the key criteria
you applied in the
technology selection
process?
Source to Pay Suite: Spend Analysis | eSourcing | Contract Management | Supplier Management | Savings Management | Project Management | Request Management | Procure-to-Pay
Getting the C-Suite On-board
CIO CFO CPO
• What were the “hot button”
issues for each of these key
executives that you had to
address?
• How were you ultimately
successful in getting
consensus?
• What role does the C-Suite
play beyond funding the
initiative, in helping drive
enterprise-wide adoption?
Source to Pay Suite: Spend Analysis | eSourcing | Contract Management | Supplier Management | Savings Management | Project Management | Request Management | Procure-to-Pay
Check out our webinar at https://zyc.us/2GNw7jJ
Source to Pay Suite: Spend Analysis | eSourcing | Contract Management | Supplier Management | Savings Management | Project Management | Request Management | Procure-to-Pay
Best Practices for S2P Transformation Sequencing
Spend analysis E-Sourcing SBM
Map external spend
Negotiate Strategic
Agreements
Manage compliance
Manage Supplier
Relationships
CLM
VMSP2P
Source: Gartner “Best Practices for Sequencing Procurement Solution Investments”
• How did your approach for sequencing S2P Transformation conform to
or differ from this best practice model?
• When did you start the S2P Transformation process and how long did
each step take?
Source to Pay Suite: Spend Analysis | eSourcing | Contract Management | Supplier Management | Savings Management | Project Management | Request Management | Procure-to-Pay
Digitization’s Impact on Spend Influence, Efficiency
• How has Digitization enabled
Procurement to increase your
Spend Influence?
• How does Spend Visibility
translate to “Assisted
Sourcing” – i.e. what has
been the impact on Sourcing
effectiveness?
• What efficiencies have you
seen, e.g. spending less time
compiling data vs. gaining
insights from the Analytics?
Source: The Hackett Group
Source to Pay Suite: Spend Analysis | eSourcing | Contract Management | Supplier Management | Savings Management | Project Management | Request Management | Procure-to-Pay
What Digital Transformation Means for Procurement
Four pillars support
procurement’s digital
business strategy
Data and analytics
form the foundation
The Digital Business Strategy
2
Omnichannel,
personalized
stakeholder
experience
3
Digitally
enabled
procurement
workforce
4
“Smart”
orchestration
of source-to-
pay services
5
Ecosystem of
networked
solutions
1 Analytics-driven insights
Source: The Hackett Group
• How is Procurement’s role
evolving in the era of Digital
Transformation?
• How do analytics-driven
insights underpin the Digital
Transformation?
• What are the next
steps/major focus areas on
your Digital Transformation
Journey?
+1 866 563 9219
info@zycus.com
www.zycus.com
Thank You

More Related Content

What's hot

What Source-to-Pay Leaders Need to Know About Robotic Process Automation
What Source-to-Pay Leaders Need to Know About Robotic Process Automation What Source-to-Pay Leaders Need to Know About Robotic Process Automation
What Source-to-Pay Leaders Need to Know About Robotic Process Automation
Zycus
 
Reinventing P2P Trends
Reinventing P2P TrendsReinventing P2P Trends
Reinventing P2P Trends
Zycus
 
Procurement Savings by the Numbers
Procurement Savings by the NumbersProcurement Savings by the Numbers
Procurement Savings by the Numbers
Zycus
 
Hey Nineteen: Procurement’s Playbook for 2019
Hey Nineteen: Procurement’s Playbook for 2019Hey Nineteen: Procurement’s Playbook for 2019
Hey Nineteen: Procurement’s Playbook for 2019
Zycus
 
Love Your Sourcing Strategy By Letting It Go
Love Your Sourcing Strategy By Letting It GoLove Your Sourcing Strategy By Letting It Go
Love Your Sourcing Strategy By Letting It Go
Zycus
 
The Future of Procurement Technology with Hugo Evans of A.T. Kearney
The Future of Procurement Technology with Hugo Evans of A.T. KearneyThe Future of Procurement Technology with Hugo Evans of A.T. Kearney
The Future of Procurement Technology with Hugo Evans of A.T. Kearney
Scout RFP
 
2018 Key Issues Study
2018 Key Issues Study 2018 Key Issues Study
2018 Key Issues Study
Zycus
 
The Future of Procurement Technology with Hugo Evans of A.T. Kearney
The Future of Procurement Technology with Hugo Evans of A.T. KearneyThe Future of Procurement Technology with Hugo Evans of A.T. Kearney
The Future of Procurement Technology with Hugo Evans of A.T. Kearney
Scout RFP
 
Procurement Models for the Future
Procurement Models for the FutureProcurement Models for the Future
Procurement Models for the Future
Rajat Dhawan, PhD
 
Gauging the Maturity of your AP Department
Gauging the Maturity of your AP DepartmentGauging the Maturity of your AP Department
Gauging the Maturity of your AP Department
Zycus
 
WhiteBoard to Dashboard: Steps to implementing compliant and risk-free procur...
WhiteBoard to Dashboard: Steps to implementing compliant and risk-free procur...WhiteBoard to Dashboard: Steps to implementing compliant and risk-free procur...
WhiteBoard to Dashboard: Steps to implementing compliant and risk-free procur...
Zycus
 
COVID 19 IT World
COVID 19 IT WorldCOVID 19 IT World
COVID 19 IT World
Vishal Sharma
 
What is Value management
What is Value managementWhat is Value management
What is Value managementVishal Sharma
 
Beyond trends: The top 10 transformational realities redefining procurement
Beyond trends: The top 10 transformational realities redefining procurementBeyond trends: The top 10 transformational realities redefining procurement
Beyond trends: The top 10 transformational realities redefining procurement
Zycus
 
The Future of Procurement: Why is Technology Lagging Behind?
The Future of Procurement: Why is Technology Lagging Behind?The Future of Procurement: Why is Technology Lagging Behind?
The Future of Procurement: Why is Technology Lagging Behind?
SirionLabs
 
Collaborating to Achieve Seamless Source to Pay in 2017
Collaborating to Achieve Seamless Source to Pay in 2017Collaborating to Achieve Seamless Source to Pay in 2017
Collaborating to Achieve Seamless Source to Pay in 2017
Aria McGuinness
 
Retail & Wesfarmers
Retail & WesfarmersRetail & Wesfarmers
Retail & Wesfarmers
Vishal Sharma
 
Leveraging a Center of Excellence Strategy for Procurement Technology Operati...
Leveraging a Center of Excellence Strategy for Procurement Technology Operati...Leveraging a Center of Excellence Strategy for Procurement Technology Operati...
Leveraging a Center of Excellence Strategy for Procurement Technology Operati...
Scout RFP
 
Keep it Simple and Make it Fun: Change Management Success Stories from Unityw...
Keep it Simple and Make it Fun: Change Management Success Stories from Unityw...Keep it Simple and Make it Fun: Change Management Success Stories from Unityw...
Keep it Simple and Make it Fun: Change Management Success Stories from Unityw...
Scout RFP
 
How Finance Leaders are Transforming P2P into a High Value Process
How Finance Leaders are Transforming P2P into a High Value ProcessHow Finance Leaders are Transforming P2P into a High Value Process
How Finance Leaders are Transforming P2P into a High Value Process
Tradeshift
 

What's hot (20)

What Source-to-Pay Leaders Need to Know About Robotic Process Automation
What Source-to-Pay Leaders Need to Know About Robotic Process Automation What Source-to-Pay Leaders Need to Know About Robotic Process Automation
What Source-to-Pay Leaders Need to Know About Robotic Process Automation
 
Reinventing P2P Trends
Reinventing P2P TrendsReinventing P2P Trends
Reinventing P2P Trends
 
Procurement Savings by the Numbers
Procurement Savings by the NumbersProcurement Savings by the Numbers
Procurement Savings by the Numbers
 
Hey Nineteen: Procurement’s Playbook for 2019
Hey Nineteen: Procurement’s Playbook for 2019Hey Nineteen: Procurement’s Playbook for 2019
Hey Nineteen: Procurement’s Playbook for 2019
 
Love Your Sourcing Strategy By Letting It Go
Love Your Sourcing Strategy By Letting It GoLove Your Sourcing Strategy By Letting It Go
Love Your Sourcing Strategy By Letting It Go
 
The Future of Procurement Technology with Hugo Evans of A.T. Kearney
The Future of Procurement Technology with Hugo Evans of A.T. KearneyThe Future of Procurement Technology with Hugo Evans of A.T. Kearney
The Future of Procurement Technology with Hugo Evans of A.T. Kearney
 
2018 Key Issues Study
2018 Key Issues Study 2018 Key Issues Study
2018 Key Issues Study
 
The Future of Procurement Technology with Hugo Evans of A.T. Kearney
The Future of Procurement Technology with Hugo Evans of A.T. KearneyThe Future of Procurement Technology with Hugo Evans of A.T. Kearney
The Future of Procurement Technology with Hugo Evans of A.T. Kearney
 
Procurement Models for the Future
Procurement Models for the FutureProcurement Models for the Future
Procurement Models for the Future
 
Gauging the Maturity of your AP Department
Gauging the Maturity of your AP DepartmentGauging the Maturity of your AP Department
Gauging the Maturity of your AP Department
 
WhiteBoard to Dashboard: Steps to implementing compliant and risk-free procur...
WhiteBoard to Dashboard: Steps to implementing compliant and risk-free procur...WhiteBoard to Dashboard: Steps to implementing compliant and risk-free procur...
WhiteBoard to Dashboard: Steps to implementing compliant and risk-free procur...
 
COVID 19 IT World
COVID 19 IT WorldCOVID 19 IT World
COVID 19 IT World
 
What is Value management
What is Value managementWhat is Value management
What is Value management
 
Beyond trends: The top 10 transformational realities redefining procurement
Beyond trends: The top 10 transformational realities redefining procurementBeyond trends: The top 10 transformational realities redefining procurement
Beyond trends: The top 10 transformational realities redefining procurement
 
The Future of Procurement: Why is Technology Lagging Behind?
The Future of Procurement: Why is Technology Lagging Behind?The Future of Procurement: Why is Technology Lagging Behind?
The Future of Procurement: Why is Technology Lagging Behind?
 
Collaborating to Achieve Seamless Source to Pay in 2017
Collaborating to Achieve Seamless Source to Pay in 2017Collaborating to Achieve Seamless Source to Pay in 2017
Collaborating to Achieve Seamless Source to Pay in 2017
 
Retail & Wesfarmers
Retail & WesfarmersRetail & Wesfarmers
Retail & Wesfarmers
 
Leveraging a Center of Excellence Strategy for Procurement Technology Operati...
Leveraging a Center of Excellence Strategy for Procurement Technology Operati...Leveraging a Center of Excellence Strategy for Procurement Technology Operati...
Leveraging a Center of Excellence Strategy for Procurement Technology Operati...
 
Keep it Simple and Make it Fun: Change Management Success Stories from Unityw...
Keep it Simple and Make it Fun: Change Management Success Stories from Unityw...Keep it Simple and Make it Fun: Change Management Success Stories from Unityw...
Keep it Simple and Make it Fun: Change Management Success Stories from Unityw...
 
How Finance Leaders are Transforming P2P into a High Value Process
How Finance Leaders are Transforming P2P into a High Value ProcessHow Finance Leaders are Transforming P2P into a High Value Process
How Finance Leaders are Transforming P2P into a High Value Process
 

Similar to Transformation talk - assisted sourcing

Raising the Bar in Procurement Through Digitization
Raising the Bar in Procurement Through DigitizationRaising the Bar in Procurement Through Digitization
Raising the Bar in Procurement Through Digitization
Zycus
 
Branding Procurement
Branding ProcurementBranding Procurement
Branding Procurement
Zycus
 
Addressing the Digital Transformation Mandate: A Middle Market Procurement Pe...
Addressing the Digital Transformation Mandate: A Middle Market Procurement Pe...Addressing the Digital Transformation Mandate: A Middle Market Procurement Pe...
Addressing the Digital Transformation Mandate: A Middle Market Procurement Pe...
Zycus
 
Getting Internet of Things (IoT) Ready for Procurement
Getting Internet of Things (IoT) Ready for ProcurementGetting Internet of Things (IoT) Ready for Procurement
Getting Internet of Things (IoT) Ready for Procurement
Zycus
 
Gmq saas webinar 2018
Gmq saas webinar 2018Gmq saas webinar 2018
Gmq saas webinar 2018
Zycus
 
Meeting Data: It’s More Than Just Numbers
Meeting Data: It’s More Than Just NumbersMeeting Data: It’s More Than Just Numbers
Meeting Data: It’s More Than Just Numbers
SignUp4
 
Collaborating to Achieve Seamless Source to Pay in 2017
Collaborating to Achieve Seamless Source to Pay in 2017Collaborating to Achieve Seamless Source to Pay in 2017
Collaborating to Achieve Seamless Source to Pay in 2017
Tradeshift
 
Fulfillment Breakout – Hosted by Rick Bushnell, Elemica: “Panel Discussion: e...
Fulfillment Breakout – Hosted by Rick Bushnell, Elemica: “Panel Discussion: e...Fulfillment Breakout – Hosted by Rick Bushnell, Elemica: “Panel Discussion: e...
Fulfillment Breakout – Hosted by Rick Bushnell, Elemica: “Panel Discussion: e...
Elemica
 
Procurement Leaders Forum 2010 - Berkshire Bank - From Concept to Control
Procurement Leaders Forum 2010 - Berkshire Bank - From Concept to ControlProcurement Leaders Forum 2010 - Berkshire Bank - From Concept to Control
Procurement Leaders Forum 2010 - Berkshire Bank - From Concept to ControlCoupa Software
 
PQF Overview
PQF OverviewPQF Overview
PQF Overview
Martin Hutchings
 
Digital procurement assessment workshop
Digital procurement assessment workshopDigital procurement assessment workshop
Digital procurement assessment workshop
Jeff Hocking
 
Indicateurs de performance et SAFe : Quoi, comment et lesquels ? - Agile en S...
Indicateurs de performance et SAFe : Quoi, comment et lesquels ? - Agile en S...Indicateurs de performance et SAFe : Quoi, comment et lesquels ? - Agile en S...
Indicateurs de performance et SAFe : Quoi, comment et lesquels ? - Agile en S...
Agile En Seine
 
S aris quick_intro_25_4_18
S aris quick_intro_25_4_18S aris quick_intro_25_4_18
S aris quick_intro_25_4_18
pm2120600
 
Sanjiv Bhatia “Critical Mass Makes Magic Happen”
Sanjiv Bhatia “Critical Mass Makes Magic Happen”Sanjiv Bhatia “Critical Mass Makes Magic Happen”
Sanjiv Bhatia “Critical Mass Makes Magic Happen”
Elemica
 
OSS-EBM: Open Source Software Entrepreneurial Business Modelling
OSS-EBM: Open Source Software Entrepreneurial Business ModellingOSS-EBM: Open Source Software Entrepreneurial Business Modelling
OSS-EBM: Open Source Software Entrepreneurial Business Modelling
Joni Salminen
 
The Brexit Effect: Understanding Brexit and It’s Impact on Procurement
The Brexit Effect: Understanding Brexit and It’s Impact on ProcurementThe Brexit Effect: Understanding Brexit and It’s Impact on Procurement
The Brexit Effect: Understanding Brexit and It’s Impact on Procurement
Zycus
 
StephenAris_examples
StephenAris_examplesStephenAris_examples
StephenAris_examples
pm2120600
 
Quick portfolio 9_4_18
Quick portfolio 9_4_18Quick portfolio 9_4_18
Quick portfolio 9_4_18
pm2120600
 
Agile metrics - Agile KC Meeting 9/26/13
Agile metrics - Agile KC Meeting 9/26/13Agile metrics - Agile KC Meeting 9/26/13
Agile metrics - Agile KC Meeting 9/26/13
molsonkc
 
Achieving a Digital Finance Organization in 2020 [Auxis Webinar - December 11...
Achieving a Digital Finance Organization in 2020 [Auxis Webinar - December 11...Achieving a Digital Finance Organization in 2020 [Auxis Webinar - December 11...
Achieving a Digital Finance Organization in 2020 [Auxis Webinar - December 11...
Auxis Consulting & Outsourcing
 

Similar to Transformation talk - assisted sourcing (20)

Raising the Bar in Procurement Through Digitization
Raising the Bar in Procurement Through DigitizationRaising the Bar in Procurement Through Digitization
Raising the Bar in Procurement Through Digitization
 
Branding Procurement
Branding ProcurementBranding Procurement
Branding Procurement
 
Addressing the Digital Transformation Mandate: A Middle Market Procurement Pe...
Addressing the Digital Transformation Mandate: A Middle Market Procurement Pe...Addressing the Digital Transformation Mandate: A Middle Market Procurement Pe...
Addressing the Digital Transformation Mandate: A Middle Market Procurement Pe...
 
Getting Internet of Things (IoT) Ready for Procurement
Getting Internet of Things (IoT) Ready for ProcurementGetting Internet of Things (IoT) Ready for Procurement
Getting Internet of Things (IoT) Ready for Procurement
 
Gmq saas webinar 2018
Gmq saas webinar 2018Gmq saas webinar 2018
Gmq saas webinar 2018
 
Meeting Data: It’s More Than Just Numbers
Meeting Data: It’s More Than Just NumbersMeeting Data: It’s More Than Just Numbers
Meeting Data: It’s More Than Just Numbers
 
Collaborating to Achieve Seamless Source to Pay in 2017
Collaborating to Achieve Seamless Source to Pay in 2017Collaborating to Achieve Seamless Source to Pay in 2017
Collaborating to Achieve Seamless Source to Pay in 2017
 
Fulfillment Breakout – Hosted by Rick Bushnell, Elemica: “Panel Discussion: e...
Fulfillment Breakout – Hosted by Rick Bushnell, Elemica: “Panel Discussion: e...Fulfillment Breakout – Hosted by Rick Bushnell, Elemica: “Panel Discussion: e...
Fulfillment Breakout – Hosted by Rick Bushnell, Elemica: “Panel Discussion: e...
 
Procurement Leaders Forum 2010 - Berkshire Bank - From Concept to Control
Procurement Leaders Forum 2010 - Berkshire Bank - From Concept to ControlProcurement Leaders Forum 2010 - Berkshire Bank - From Concept to Control
Procurement Leaders Forum 2010 - Berkshire Bank - From Concept to Control
 
PQF Overview
PQF OverviewPQF Overview
PQF Overview
 
Digital procurement assessment workshop
Digital procurement assessment workshopDigital procurement assessment workshop
Digital procurement assessment workshop
 
Indicateurs de performance et SAFe : Quoi, comment et lesquels ? - Agile en S...
Indicateurs de performance et SAFe : Quoi, comment et lesquels ? - Agile en S...Indicateurs de performance et SAFe : Quoi, comment et lesquels ? - Agile en S...
Indicateurs de performance et SAFe : Quoi, comment et lesquels ? - Agile en S...
 
S aris quick_intro_25_4_18
S aris quick_intro_25_4_18S aris quick_intro_25_4_18
S aris quick_intro_25_4_18
 
Sanjiv Bhatia “Critical Mass Makes Magic Happen”
Sanjiv Bhatia “Critical Mass Makes Magic Happen”Sanjiv Bhatia “Critical Mass Makes Magic Happen”
Sanjiv Bhatia “Critical Mass Makes Magic Happen”
 
OSS-EBM: Open Source Software Entrepreneurial Business Modelling
OSS-EBM: Open Source Software Entrepreneurial Business ModellingOSS-EBM: Open Source Software Entrepreneurial Business Modelling
OSS-EBM: Open Source Software Entrepreneurial Business Modelling
 
The Brexit Effect: Understanding Brexit and It’s Impact on Procurement
The Brexit Effect: Understanding Brexit and It’s Impact on ProcurementThe Brexit Effect: Understanding Brexit and It’s Impact on Procurement
The Brexit Effect: Understanding Brexit and It’s Impact on Procurement
 
StephenAris_examples
StephenAris_examplesStephenAris_examples
StephenAris_examples
 
Quick portfolio 9_4_18
Quick portfolio 9_4_18Quick portfolio 9_4_18
Quick portfolio 9_4_18
 
Agile metrics - Agile KC Meeting 9/26/13
Agile metrics - Agile KC Meeting 9/26/13Agile metrics - Agile KC Meeting 9/26/13
Agile metrics - Agile KC Meeting 9/26/13
 
Achieving a Digital Finance Organization in 2020 [Auxis Webinar - December 11...
Achieving a Digital Finance Organization in 2020 [Auxis Webinar - December 11...Achieving a Digital Finance Organization in 2020 [Auxis Webinar - December 11...
Achieving a Digital Finance Organization in 2020 [Auxis Webinar - December 11...
 

More from Zycus

Evolving Role of a CPO
Evolving Role of a CPOEvolving Role of a CPO
Evolving Role of a CPO
Zycus
 
CPO Game Changer Series – Volume 1: Early Engagement
CPO Game Changer Series – Volume 1: Early EngagementCPO Game Changer Series – Volume 1: Early Engagement
CPO Game Changer Series – Volume 1: Early Engagement
Zycus
 
Securing Value From Your Procurement - 5 Key Steps
Securing Value From Your Procurement - 5 Key StepsSecuring Value From Your Procurement - 5 Key Steps
Securing Value From Your Procurement - 5 Key Steps
Zycus
 
Sourcing at Ericsson
Sourcing at EricssonSourcing at Ericsson
Sourcing at Ericsson
Zycus
 
P2P Key Performance Metrics - Insight from Zycus' P2P Benchmark Study
P2P Key Performance Metrics - Insight from Zycus' P2P Benchmark StudyP2P Key Performance Metrics - Insight from Zycus' P2P Benchmark Study
P2P Key Performance Metrics - Insight from Zycus' P2P Benchmark Study
Zycus
 
In a World of Constant Change is the Organizational Span of the Procurement E...
In a World of Constant Change is the Organizational Span of the Procurement E...In a World of Constant Change is the Organizational Span of the Procurement E...
In a World of Constant Change is the Organizational Span of the Procurement E...
Zycus
 
Analyze This - Top 10 Procurement Metrics
Analyze This - Top 10 Procurement MetricsAnalyze This - Top 10 Procurement Metrics
Analyze This - Top 10 Procurement Metrics
Zycus
 

More from Zycus (7)

Evolving Role of a CPO
Evolving Role of a CPOEvolving Role of a CPO
Evolving Role of a CPO
 
CPO Game Changer Series – Volume 1: Early Engagement
CPO Game Changer Series – Volume 1: Early EngagementCPO Game Changer Series – Volume 1: Early Engagement
CPO Game Changer Series – Volume 1: Early Engagement
 
Securing Value From Your Procurement - 5 Key Steps
Securing Value From Your Procurement - 5 Key StepsSecuring Value From Your Procurement - 5 Key Steps
Securing Value From Your Procurement - 5 Key Steps
 
Sourcing at Ericsson
Sourcing at EricssonSourcing at Ericsson
Sourcing at Ericsson
 
P2P Key Performance Metrics - Insight from Zycus' P2P Benchmark Study
P2P Key Performance Metrics - Insight from Zycus' P2P Benchmark StudyP2P Key Performance Metrics - Insight from Zycus' P2P Benchmark Study
P2P Key Performance Metrics - Insight from Zycus' P2P Benchmark Study
 
In a World of Constant Change is the Organizational Span of the Procurement E...
In a World of Constant Change is the Organizational Span of the Procurement E...In a World of Constant Change is the Organizational Span of the Procurement E...
In a World of Constant Change is the Organizational Span of the Procurement E...
 
Analyze This - Top 10 Procurement Metrics
Analyze This - Top 10 Procurement MetricsAnalyze This - Top 10 Procurement Metrics
Analyze This - Top 10 Procurement Metrics
 

Recently uploaded

How Recreation Management Software Can Streamline Your Operations.pptx
How Recreation Management Software Can Streamline Your Operations.pptxHow Recreation Management Software Can Streamline Your Operations.pptx
How Recreation Management Software Can Streamline Your Operations.pptx
wottaspaceseo
 
Large Language Models and the End of Programming
Large Language Models and the End of ProgrammingLarge Language Models and the End of Programming
Large Language Models and the End of Programming
Matt Welsh
 
Visitor Management System in India- Vizman.app
Visitor Management System in India- Vizman.appVisitor Management System in India- Vizman.app
Visitor Management System in India- Vizman.app
NaapbooksPrivateLimi
 
SOCRadar Research Team: Latest Activities of IntelBroker
SOCRadar Research Team: Latest Activities of IntelBrokerSOCRadar Research Team: Latest Activities of IntelBroker
SOCRadar Research Team: Latest Activities of IntelBroker
SOCRadar
 
BoxLang: Review our Visionary Licenses of 2024
BoxLang: Review our Visionary Licenses of 2024BoxLang: Review our Visionary Licenses of 2024
BoxLang: Review our Visionary Licenses of 2024
Ortus Solutions, Corp
 
Explore Modern SharePoint Templates for 2024
Explore Modern SharePoint Templates for 2024Explore Modern SharePoint Templates for 2024
Explore Modern SharePoint Templates for 2024
Sharepoint Designs
 
Beyond Event Sourcing - Embracing CRUD for Wix Platform - Java.IL
Beyond Event Sourcing - Embracing CRUD for Wix Platform - Java.ILBeyond Event Sourcing - Embracing CRUD for Wix Platform - Java.IL
Beyond Event Sourcing - Embracing CRUD for Wix Platform - Java.IL
Natan Silnitsky
 
Lecture 1 Introduction to games development
Lecture 1 Introduction to games developmentLecture 1 Introduction to games development
Lecture 1 Introduction to games development
abdulrafaychaudhry
 
Innovating Inference - Remote Triggering of Large Language Models on HPC Clus...
Innovating Inference - Remote Triggering of Large Language Models on HPC Clus...Innovating Inference - Remote Triggering of Large Language Models on HPC Clus...
Innovating Inference - Remote Triggering of Large Language Models on HPC Clus...
Globus
 
Developing Distributed High-performance Computing Capabilities of an Open Sci...
Developing Distributed High-performance Computing Capabilities of an Open Sci...Developing Distributed High-performance Computing Capabilities of an Open Sci...
Developing Distributed High-performance Computing Capabilities of an Open Sci...
Globus
 
A Comprehensive Look at Generative AI in Retail App Testing.pdf
A Comprehensive Look at Generative AI in Retail App Testing.pdfA Comprehensive Look at Generative AI in Retail App Testing.pdf
A Comprehensive Look at Generative AI in Retail App Testing.pdf
kalichargn70th171
 
Why React Native as a Strategic Advantage for Startup Innovation.pdf
Why React Native as a Strategic Advantage for Startup Innovation.pdfWhy React Native as a Strategic Advantage for Startup Innovation.pdf
Why React Native as a Strategic Advantage for Startup Innovation.pdf
ayushiqss
 
Vitthal Shirke Microservices Resume Montevideo
Vitthal Shirke Microservices Resume MontevideoVitthal Shirke Microservices Resume Montevideo
Vitthal Shirke Microservices Resume Montevideo
Vitthal Shirke
 
How Does XfilesPro Ensure Security While Sharing Documents in Salesforce?
How Does XfilesPro Ensure Security While Sharing Documents in Salesforce?How Does XfilesPro Ensure Security While Sharing Documents in Salesforce?
How Does XfilesPro Ensure Security While Sharing Documents in Salesforce?
XfilesPro
 
Gamify Your Mind; The Secret Sauce to Delivering Success, Continuously Improv...
Gamify Your Mind; The Secret Sauce to Delivering Success, Continuously Improv...Gamify Your Mind; The Secret Sauce to Delivering Success, Continuously Improv...
Gamify Your Mind; The Secret Sauce to Delivering Success, Continuously Improv...
Shahin Sheidaei
 
Climate Science Flows: Enabling Petabyte-Scale Climate Analysis with the Eart...
Climate Science Flows: Enabling Petabyte-Scale Climate Analysis with the Eart...Climate Science Flows: Enabling Petabyte-Scale Climate Analysis with the Eart...
Climate Science Flows: Enabling Petabyte-Scale Climate Analysis with the Eart...
Globus
 
Globus Connect Server Deep Dive - GlobusWorld 2024
Globus Connect Server Deep Dive - GlobusWorld 2024Globus Connect Server Deep Dive - GlobusWorld 2024
Globus Connect Server Deep Dive - GlobusWorld 2024
Globus
 
Understanding Globus Data Transfers with NetSage
Understanding Globus Data Transfers with NetSageUnderstanding Globus Data Transfers with NetSage
Understanding Globus Data Transfers with NetSage
Globus
 
Dominate Social Media with TubeTrivia AI’s Addictive Quiz Videos.pdf
Dominate Social Media with TubeTrivia AI’s Addictive Quiz Videos.pdfDominate Social Media with TubeTrivia AI’s Addictive Quiz Videos.pdf
Dominate Social Media with TubeTrivia AI’s Addictive Quiz Videos.pdf
AMB-Review
 
GlobusWorld 2024 Opening Keynote session
GlobusWorld 2024 Opening Keynote sessionGlobusWorld 2024 Opening Keynote session
GlobusWorld 2024 Opening Keynote session
Globus
 

Recently uploaded (20)

How Recreation Management Software Can Streamline Your Operations.pptx
How Recreation Management Software Can Streamline Your Operations.pptxHow Recreation Management Software Can Streamline Your Operations.pptx
How Recreation Management Software Can Streamline Your Operations.pptx
 
Large Language Models and the End of Programming
Large Language Models and the End of ProgrammingLarge Language Models and the End of Programming
Large Language Models and the End of Programming
 
Visitor Management System in India- Vizman.app
Visitor Management System in India- Vizman.appVisitor Management System in India- Vizman.app
Visitor Management System in India- Vizman.app
 
SOCRadar Research Team: Latest Activities of IntelBroker
SOCRadar Research Team: Latest Activities of IntelBrokerSOCRadar Research Team: Latest Activities of IntelBroker
SOCRadar Research Team: Latest Activities of IntelBroker
 
BoxLang: Review our Visionary Licenses of 2024
BoxLang: Review our Visionary Licenses of 2024BoxLang: Review our Visionary Licenses of 2024
BoxLang: Review our Visionary Licenses of 2024
 
Explore Modern SharePoint Templates for 2024
Explore Modern SharePoint Templates for 2024Explore Modern SharePoint Templates for 2024
Explore Modern SharePoint Templates for 2024
 
Beyond Event Sourcing - Embracing CRUD for Wix Platform - Java.IL
Beyond Event Sourcing - Embracing CRUD for Wix Platform - Java.ILBeyond Event Sourcing - Embracing CRUD for Wix Platform - Java.IL
Beyond Event Sourcing - Embracing CRUD for Wix Platform - Java.IL
 
Lecture 1 Introduction to games development
Lecture 1 Introduction to games developmentLecture 1 Introduction to games development
Lecture 1 Introduction to games development
 
Innovating Inference - Remote Triggering of Large Language Models on HPC Clus...
Innovating Inference - Remote Triggering of Large Language Models on HPC Clus...Innovating Inference - Remote Triggering of Large Language Models on HPC Clus...
Innovating Inference - Remote Triggering of Large Language Models on HPC Clus...
 
Developing Distributed High-performance Computing Capabilities of an Open Sci...
Developing Distributed High-performance Computing Capabilities of an Open Sci...Developing Distributed High-performance Computing Capabilities of an Open Sci...
Developing Distributed High-performance Computing Capabilities of an Open Sci...
 
A Comprehensive Look at Generative AI in Retail App Testing.pdf
A Comprehensive Look at Generative AI in Retail App Testing.pdfA Comprehensive Look at Generative AI in Retail App Testing.pdf
A Comprehensive Look at Generative AI in Retail App Testing.pdf
 
Why React Native as a Strategic Advantage for Startup Innovation.pdf
Why React Native as a Strategic Advantage for Startup Innovation.pdfWhy React Native as a Strategic Advantage for Startup Innovation.pdf
Why React Native as a Strategic Advantage for Startup Innovation.pdf
 
Vitthal Shirke Microservices Resume Montevideo
Vitthal Shirke Microservices Resume MontevideoVitthal Shirke Microservices Resume Montevideo
Vitthal Shirke Microservices Resume Montevideo
 
How Does XfilesPro Ensure Security While Sharing Documents in Salesforce?
How Does XfilesPro Ensure Security While Sharing Documents in Salesforce?How Does XfilesPro Ensure Security While Sharing Documents in Salesforce?
How Does XfilesPro Ensure Security While Sharing Documents in Salesforce?
 
Gamify Your Mind; The Secret Sauce to Delivering Success, Continuously Improv...
Gamify Your Mind; The Secret Sauce to Delivering Success, Continuously Improv...Gamify Your Mind; The Secret Sauce to Delivering Success, Continuously Improv...
Gamify Your Mind; The Secret Sauce to Delivering Success, Continuously Improv...
 
Climate Science Flows: Enabling Petabyte-Scale Climate Analysis with the Eart...
Climate Science Flows: Enabling Petabyte-Scale Climate Analysis with the Eart...Climate Science Flows: Enabling Petabyte-Scale Climate Analysis with the Eart...
Climate Science Flows: Enabling Petabyte-Scale Climate Analysis with the Eart...
 
Globus Connect Server Deep Dive - GlobusWorld 2024
Globus Connect Server Deep Dive - GlobusWorld 2024Globus Connect Server Deep Dive - GlobusWorld 2024
Globus Connect Server Deep Dive - GlobusWorld 2024
 
Understanding Globus Data Transfers with NetSage
Understanding Globus Data Transfers with NetSageUnderstanding Globus Data Transfers with NetSage
Understanding Globus Data Transfers with NetSage
 
Dominate Social Media with TubeTrivia AI’s Addictive Quiz Videos.pdf
Dominate Social Media with TubeTrivia AI’s Addictive Quiz Videos.pdfDominate Social Media with TubeTrivia AI’s Addictive Quiz Videos.pdf
Dominate Social Media with TubeTrivia AI’s Addictive Quiz Videos.pdf
 
GlobusWorld 2024 Opening Keynote session
GlobusWorld 2024 Opening Keynote sessionGlobusWorld 2024 Opening Keynote session
GlobusWorld 2024 Opening Keynote session
 

Transformation talk - assisted sourcing

  • 1. Transformation Talk: “Assisted Sourcing” Drives Digitization at Brookdale Senior Living
  • 2. Source to Pay Suite: Spend Analysis | eSourcing | Contract Management | Supplier Management | Savings Management | Project Management | Request Management | Procure-to-Pay Assessing Procurement Pain Points Top Pain Points:  Procurement Spend Influence Limited  “Win Locally” Culture Presents Compliance Challenges  Granular Spend Visibility Lacking  Fragmented Supply Base Limits Leverage • What were the key challenges you faced prior to your Digital Transformation initiative? • What tools were available and where did you see the biggest gaps in your procurement technology infrastructure? • Where did you rate your pain level on the “Pain-O- Meter”?
  • 3. Source to Pay Suite: Spend Analysis | eSourcing | Contract Management | Supplier Management | Savings Management | Project Management | Request Management | Procure-to-Pay Addressing Stakeholder Perceptions of Procurement • Before starting your Digital Transformation journey, what was the perception of Procurement within your enterprise? • What tools or methods do you use to engage stakeholders and elicit feedback on their perception of Procurement’s performance?
  • 4. Source to Pay Suite: Spend Analysis | eSourcing | Contract Management | Supplier Management | Savings Management | Project Management | Request Management | Procure-to-Pay Check out our webinar at https://zyc.us/2GNw7jJ
  • 5. Source to Pay Suite: Spend Analysis | eSourcing | Contract Management | Supplier Management | Savings Management | Project Management | Request Management | Procure-to-Pay Benchmarking Spend Visibility 38% 99% Peer Top Performer Line-Item Spend Visibility Rate Source: Purchase-to-Pay Study, The Hackett Group, 2017 Ability to View Spend Data by Supplier • How did your spend visibility – at the Supplier and Line- Item Level – compare to the Peer Group and World-Class Benchmarks? • How did a lack of spend visibility impact your ability to influence spend?
  • 6. Source to Pay Suite: Spend Analysis | eSourcing | Contract Management | Supplier Management | Savings Management | Project Management | Request Management | Procure-to-Pay Benchmarking the Sourcing Process • How did your Sourcing cycle time compare to the overall benchmarks? • Which steps consumed the most time? Where were the choke points in the process? • What is ideal time allocation by step that would help to maximize the value created in the Sourcing process?
  • 7. Source to Pay Suite: Spend Analysis | eSourcing | Contract Management | Supplier Management | Savings Management | Project Management | Request Management | Procure-to-Pay Creating the Business Case for Digital Transformation • What were the key value drivers of your business case for Digital Transformation? • What were the key criteria you applied in the technology selection process?
  • 8. Source to Pay Suite: Spend Analysis | eSourcing | Contract Management | Supplier Management | Savings Management | Project Management | Request Management | Procure-to-Pay Getting the C-Suite On-board CIO CFO CPO • What were the “hot button” issues for each of these key executives that you had to address? • How were you ultimately successful in getting consensus? • What role does the C-Suite play beyond funding the initiative, in helping drive enterprise-wide adoption?
  • 9. Source to Pay Suite: Spend Analysis | eSourcing | Contract Management | Supplier Management | Savings Management | Project Management | Request Management | Procure-to-Pay Check out our webinar at https://zyc.us/2GNw7jJ
  • 10. Source to Pay Suite: Spend Analysis | eSourcing | Contract Management | Supplier Management | Savings Management | Project Management | Request Management | Procure-to-Pay Best Practices for S2P Transformation Sequencing Spend analysis E-Sourcing SBM Map external spend Negotiate Strategic Agreements Manage compliance Manage Supplier Relationships CLM VMSP2P Source: Gartner “Best Practices for Sequencing Procurement Solution Investments” • How did your approach for sequencing S2P Transformation conform to or differ from this best practice model? • When did you start the S2P Transformation process and how long did each step take?
  • 11. Source to Pay Suite: Spend Analysis | eSourcing | Contract Management | Supplier Management | Savings Management | Project Management | Request Management | Procure-to-Pay Digitization’s Impact on Spend Influence, Efficiency • How has Digitization enabled Procurement to increase your Spend Influence? • How does Spend Visibility translate to “Assisted Sourcing” – i.e. what has been the impact on Sourcing effectiveness? • What efficiencies have you seen, e.g. spending less time compiling data vs. gaining insights from the Analytics? Source: The Hackett Group
  • 12. Source to Pay Suite: Spend Analysis | eSourcing | Contract Management | Supplier Management | Savings Management | Project Management | Request Management | Procure-to-Pay What Digital Transformation Means for Procurement Four pillars support procurement’s digital business strategy Data and analytics form the foundation The Digital Business Strategy 2 Omnichannel, personalized stakeholder experience 3 Digitally enabled procurement workforce 4 “Smart” orchestration of source-to- pay services 5 Ecosystem of networked solutions 1 Analytics-driven insights Source: The Hackett Group • How is Procurement’s role evolving in the era of Digital Transformation? • How do analytics-driven insights underpin the Digital Transformation? • What are the next steps/major focus areas on your Digital Transformation Journey?
  • 13. +1 866 563 9219 info@zycus.com www.zycus.com Thank You

Editor's Notes

  1. From a change management perspective, how do you work with these stakeholder groups to ensure you are addressing their compliance needs? What have been some of your biggest change management challenges and what strategies have you utilized to overcome them?