Business Stakeholder and Procurement Collaboration (Countdown to ISM2016 Episode 5)

We're five weeks into the Countdown to ISM2016 Podcast Series and six weeks away from the premier supply management conference of the year. Keeping the countdown going, this week Source One's Project Manager Boris Kopylov reinforces the importance of collaboration between procurement and business functions in making the best purchasing decisions. 

All too often, procurement and their respective business partners lose touch - whether due to rapid growth or mergers and acquisitions. As a result, purchases occur seemingly in a vacuum without full stakeholder alignment. This week's procurement words of wisdom: Promote collaboration between procurement and business stakeholders for better sourcing results. Not only does this ensure the requirements are well defined from the beginning of your strategic sourcing initiative, but also supports long-term adoption of your new vendors, services, or technology. 

Don't miss Source One at ISM2016! Learn more about how our portfolio of procurement services can solve your supply management challenges or support your cost-cutting initiatives by visiting our Booth #528. Also catch our presentation, in collaboration with Sourcing Syneries entitled: “Navigating Ahead in an On-Demand World: Procurement’s New Realm.”

Source One is also the only procurement service provider to be honored by the Institute for Supply Management to host and sponsor the Exec IN Forum - an exclusive conference for procurement executives, chief procurement officers, and supply management leaders to discuss their unique challenges and opportunities.