Industry Experts Weigh In on Procurement Transformation in New Whitepaper Series

    WILLOW GROVE, PA, May 08, 2018 /24-7PressRelease/ -- Leading procurement consultancy Source One Management Services launches a new whitepaper series exploring Procurement Transformation in collaboration with industry-recognized supply management thought leaders titled, Procurement Transformation: Industry Perspectives.

"Procurement Transformation" is a trending topic in the procurement space as more companies look to invest in their supply management People, Processes, and Technology to drive profitability and gain a competitive advantage. Since the firm's founding in 1992, Source One's strategic sourcing consultants have advocated for Procurement as a more strategic function within the enterprise. To further their mission of driving Procurement forward, Source One has partnered with supply management thought leaders to offer fresh perspectives on Procurement Transformation.

Over five installments, Procurement Transformation: Industry Perspectives defines and demystifies Procurement Transformation, providing insight on how to approach each step of the process.

Associate Director and Procurement Transformation Practice Lead Jennifer Ulrich says, "If you asked ten supply management professionals what exactly Procurement Transformation means, you would almost certainly receive ten different answers. While the same basic principles always apply, each organization differs in how they define the term and how they approach transformative initiatives. Our goal is to help readers reach a greater understanding of what Procurement Transformation is and how it could look for their business."

In addition to Ulrich, the series features Jim Baehr (Group Lead, Sourcing Strategies Group), Kelly Barner (Managing Editor, Buyer's Meeting Point), Diego De la Garza (Director, Source One), Phil Ideson (Managing Director, Palambridge), Dr. Michael Lamoureux (Editor-in-Chief, Sourcing Innovation), Naseem Malik (Managing Partner, MRA Global Sourcing), Kristian O'Meara (SVP of Value Engineering, JAGGAER), Joe Payne (VP of Professional Services, Source One), and Tom Rogers (CEO, Vendor Centric).

The first installment focuses on the history of Procurement Transformation. Written by Jim Baehr, "Procurement Transformation: Then and Now" surveys the past three decades in supply management and offers best practices to companies at every maturity level. Subsequent topics include aligning Procurement's technology with its people and processes, optimizing Procurement's recruitment efforts, and reducing friction between Procurement and internal stakeholders.

The Procurement Transformation specialists at Source One offer insights year round through their blog, The Strategic Sourceror; their book Managing Indirect Spend; and their weekly podcast.

About Source One – A Corcentric Company

Source One Management Services is a premier procurement services provider and strategic sourcing consulting firm. Since 1992, our team of spend management experts has supported best-in-class organizations in optimizing spend management and procurement operations. We serve as an expansion of client's existing teams, saving them time and resources by applying our experience, tools, cross-industry best practices, and customized solutions. In 2018, Source One joined Corcentric, LLC – a leading provider of Procurement, Accounts Payable Automation, and Billing Solutions. Together, Source One and Corcentric help companies optimize how they purchase, pay, and get paid. To learn more, visit us online at: https://www.sourceoneinc.com/consulting-tools/sourcing-and-procurement-services/procurement-services-overview/.

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