News

Stay current on the latest news and media updates from Cordence Worldwide member firms.

  • Valcon Hosts Procurement Round Table

    7/5/2019

    Valcon gathered senior professionals to discuss the digital waters of the procurement function. They share three key insights from the event below:

    1. To become a priority on the C-suite agenda, CPOs need to redefine the perception of procurement’s role. Topics included procurement’s data insight as a value-adding lever and re-definition of supplier-customer relationships into value-based partnerships
    2. It is equally crucial to never lose sight of the raison d’être of the procurement function: to deliver best-in-class cost efficiency and productivity
    3. The participants confirmed the findings of Valcon’s procurement survey: the digital journey is filled with bumps that include lack of system integration and low data quality. Digitalisation has no national or organisational boundaries, making the change more complex. It requires new cooperation in the organisation and data discipline to deliver value for money.


Back to News