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Follow on Google News | Research Findings: Enhancing and Redefining the Role of Indirect ProcurementNelsonHall and buyingTeam will be hosting a live presentation of a recent study involving 120 CPOs and CFOs from FTSE 100 organisations across Europe and the US to better understand procurement’s changing role within business today and tomorrow.
By: buyingTeam ENHANCING AND REDEFINING THE ROLE OF INDIRECT PROCUREMENT London, UK – 24 August 2011. buyingTeam, Europe’s leading procurement outsourcing specialist, is to host an online seminar in conjunction with NelsonHall at 3.00pm (UK time) on 22 September 2011 to discuss the results of their recent joint study into procurement’ The study, entitled “Enhancing and redefining the role of indirect procurement” However, experience has shown that better managed indirect expenditure (or non-core/goods- buyingTeam and NelsonHall will explain their findings and see to address the question of why indirect procurement isn’t higher up senior executives’ agenda and how organisations can overcome these perceptual challenges. The 60-minute seminar will include: • Current perceptions of the indirect procurement function and its desired future role within businesses; • The challenges currently faced by indirect procurement functions; • The business value that can be derived through indirect procurement; • Explanations on why businesses struggle with delivering indirect procurement internally and how procurement outsourcing can enable internal functions to take on a business partner role within their company. Speakers: - Rachael Stormonth, Senior Vice President, NelsonHall - Guy Strafford, Chief Client Officer, buyingTeam (Chair) For joining details, visit: http://info.buyingteam.com/ For further information: buyingTeam: Chris Gayner, Tel. 020 3465 4546, chris.gayner@ Financial Dynamics, for buyingTeam Jamie Robertson/ Seán Galvin, Tel. 020 7831 3113, buyingTeam@fd.com About buyingTeam buyingTeam is a procurement outsourcer and solutions provider, bringing extraordinary benefits to blue chip organisations across Europe and North America via an innovative knowledge-based shared services model. Fundamental to our success is how we change the way our clients think about procurement, redefining it as an indispensable strategic tool. By doing so, we release procurement’ Having grown at more than 25% a year for over five years, buyingTeam is now the largest shared services procurement operation in Europe, constantly building and sharing our expertise across hundreds of categories and delivering an average saving, on total expenditure, of 8% - 15% back to our clients.… find out more about buyingTeam # # # buyingTeam is a procurement outsourcer and solutions provider, bringing extraordinary benefits to blue chip organisations across Europe and North America via an innovative knowledge-based shared services model. Fundamental to our success is how we change the way our clients think about procurement, redefining it as an indispensable strategic tool at the heart of the business. By doing so, we release procurement’ Having grown at more than 25% a year for over five years, we are now the largest shared services procurement operation in Europe, constantly building and sharing our expertise across hundreds of categories and delivering an average saving, on total expenditure, of 8% - 15% back to our clients. End
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