SPEND MANAGEMENT
Intelligent
Spend Management
“ It ' s about how you provide business continuity in the relationship . And that ' s what we ' re trying to really support with our business network approach ”
JOHN WOOKEY PRESIDENT , INTELLIGENT SPEND AND BUSINESS NETWORK SAP ideas , source suppliers and respond to offers .
“ Every CPO is trying to think about how to make their suppliers a more integral part of their innovation strategy and get them more engaged in the process . That ' s much easier to do on a common , single platform than over a hodgepodge of systems ,” Wookey said .
“ The fact is , all these organisations have these networks of relationships , but they ' re effectively managing them outside of the technology that they ' re using to drive the procurement process . So the idea is , you have a framework in place but what we need to do is change the boundaries of that framework . We need to take it from the organisation to the network of relationships you ' re really trying to support as part of optimising that process .”
26 April 2021