SupplyChain Magazine July 2017 | Page 106

THE BRITISH COLUMBIA LOTTERY CORPORATION
helping to drive transformation through our finance division .”
Efforts were initially focused on centralising contract management by physically taking custody of all the organisation ’ s contracts in a central location , then using software to create a library of contacts and key information . It was a significant change from the previous system , which saw management of contracts spread across the entire organisation , with dozens or more of different managers involved .
The centralised-focus allowed us to engage in drafting of contracts , renewing contracts and negotiating contracts . With that , we were able to provide a significantly greater level of service than ever before , and I think that is a key point
The company recognized the benefits of this approach , and further invested in what it saw as the necessary resources in terms of software and staff , as well as policy and procedure , to solidify the changes .
Create a Competitive Advantage
SUPPLIERS SOURCING CONTRACTS
PROCUREMENT
INVOICING
ANALYTICS

Value Beyond Savings

Ivalua . com