Procurement today faces constant pressure to reduce costs while adding value, such as improving efficiency, driving supplier innovation, managing risk, incorporating emerging technologies like generative AI, and helping the organization achieve its environmental, social, and governance (ESG) goals, among others. A well-designed procurement operating model is key to achieving these objectives, but many teams struggle with outdated models.

In this webinar, our sourcing experts helped procurement professionals understand the key factors of designing an effective model to ensure maximum organizational value.

What questions did the webinar answer?

• Why are organizations transforming their procurement operating models, and what are the key drivers for this change?
• How do you design a procurement operating model that aligns with your organization’s structure and strategic objectives?
• What are the considerations for building agility in your procurement operating model so that it can easily adapt to changing needs?
• How does an organization’s procurement maturity level impact its choice of procurement operating models?