Rebuilding and Rebranding Procurement

    WILLOW GROVE, PA, August 07, 2019 /24-7PressRelease/ -- Source One's resident authority on Procurement Transformation, Director Jennifer Ulrich, will share thought leadership with a select group of executives at this month's SCOPE Procurement Summit. The three-day event welcomes experts from organizations including the Siemens, IBM, and the National Basketball Association to Las Vegas, NV. August 18-20, they'll discuss Supply Management's most prevailing challenges and exchange the best practices that have made them industry leaders.

On Day 2 of the invitation-only summit, Ulrich will deliver a presentation entitled Perception is Reality: Refining Procurement's Identity for Maximum Impact. It will offer tips for building a Procurement function worth advocating for and call upon Ulrich's decade-plus of successful client engagements.

"Conversations around branding," says Ulrich, "tend to focus exclusively on the individual and organization-wide perspectives. We rarely discuss the ways a business unit like Procurement can establish its own brand. Many of the principles that drive personal branding and company-wide branding initiatives are just as valuable for Procurement units."

Procurement has evolved considerably over the last decade. Many organizations across the globe, however, still perceive the function as low-value and tactical. Ulrich contends that the function can't reach its full potential until it commits itself to building a new identity. She remarks, "Procurement cannot become a true business partner without first refining its vision, aligning itself to serve stakeholders, and emphasizing its capacity to enable the entire organization. I hope SCOPE attendees leave my presentation with a new determination to see these initiatives through."

The SCOPE Summit is just one of the Procurement and Supply Management events that Source One's team will attend over the next several months. In September, they'll deliver a presentation as sponsors for the Procurious Big Ideas Summit. Director Diego De la Garza will share spend management case studies from throughout his career to advocate for a new, more nuanced approach to Procurement.

Source One is the premier procurement services provider and spend management consultancy. Since 1992, our team of strategic sourcing experts has empowered best-in-class organizations to optimize their approach to procurement and drive the maximum value from their supplier relationships. We work as an extension of clients' existing teams and save them time and resources by applying our unique blend expertise, tools, cross-industry best practices, and customized supply management solutions. To learn more about Source One, a Corcentric company, visit us online at: https://www.sourceoneinc.com/consulting-tools/consulting-services/procurement-transformation-advisory/

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