INVERTO seeks to understand procurement’s purpose and role in this new era as well as how procurements impact on current challenges can be improved.

Subscribe


Procurement is embracing core challenges including the coronavirus crisis, whilst striving to deliver growth and digitalization in a competitive and uncertain environment. With its Chief Procurement Officers (CPO) survey INVERTO seeks to understand procurement’s purpose and role in this new era as well as how procurements impact on current challenges can be improved.

What will be procurement’s purpose and future role in an organization, and how can you shape it? Over 185 procurement leaders from different industries took part in INVERTO’s latest CPO Survey “Procurement Purpose & Impact” to answer these questions. Lance Younger, Managing Director, and Jonathan Sing, Project Manager, from INVERTO UK, will present the results in two webinars. Participation is free of charge. 

“The findings are truly encouraging; Procurement teams across industries are maturing, raising their game and changing their focus to serve business and society in new and better ways. The path for Procurement is pretty clear so now we all need to make the dream come true. ” Thomas Udesen, Chief Procurement Officer, Bayer AG.

According to the survey, 85% of the respondents understand how their procurement teams contribute to the wider organizational purpose and that procurement has a defined purpose. There is a correlation between high performance and clarity of purpose and alignment of core capabilities, roles and mindset.  

“Procurement has a pivotal role in ensuring value creation within their organization that has material impact on people, planet and profit.  There is a clear imperative to act now, activate purpose, invest in people, gear up and transform to succeed.” Lance Younger, Managing Director, INVERTO UK.

The study seeks to understand how procurement transforms, thereby exploring and effectively mapping the links between procurement’s purpose, its role, capabilities, future ways of working and the impact that procurement delivers.

The webinar will give insights on the key findings of the survey and will explain what to consider when shaping procurement’s future.

Webinar Agenda

Key findings on procurement challenges and trends

Purpose, procurement roles and capabilities 

Business partnering and transformation success factors

Former transformation achievements and performance

Call to action: how procurement leaders translate their purpose into meaningful actions to transform procurement

Webinar Dates

Thursday 31st March from 11am GMT

Tuesday, 7th April from 11am GMT

Participants can join by registering here: https://www.inverto.com/webinar

Subscribe

Related Stories

EyeCare Partners: Procurement transformation at scale

EyeCare Partners works in partnership with clinicians and healthcare leaders to achieve the best patient and business outcomes and this…

Issue 31 of Interface magazine is live!

This month’s cover story reveals the cycles of transformation, being led by CDO Lucho Torres, which are driving the disruptive digital journey at Peru’s second largest financial services group

Issue 30 of Interface magazine is live!

This month’s cover story explores the customer-centric digital transformation journey of leading insurer AXA being led by UK & Ireland CIO Darrell Ryman

Channelling demand to drive bottom line value through exceptional shopper experiences.

Procurement channel optimisation is a holistic approach to maximising the performance of, and value from, companies’ external spend and digital…

Welcome to another packed issue of CPOstrategy!

Our cover story reveals a massive procurement transformation programme at Zendesk

Issue 29 of Interface Magazine is live!

Our cover story examines how Microsoft is accelerating innovation for sustainable growth by providing specialised solutions supporting financial health for enterprises and their customers in the Azure cloud

Sustainable and ethical procurement practices increase trust.

Sustainable and ethical procurement practices increase trust and confidence.

Top 10 cybersecurity predictions for 2022

Bridewell Consulting has outlined its top 10 cybersecurity predictions for 2022.

Kuvesh Ayer, CPO, New York Metropolitan Transportation Authority on procurement transformation

Bringing a wealth of experience to the table, Kuvesh Ayer, CPO for the New York Metropolitan Transportation Authority discusses procurement transformation and being prepared for anything…

We believe in a personal approach

By working closely with our customers at every step of the way we ensure that we capture the dedication, enthusiasm and passion which has driven change within their organisations and inspire others with motivational real-life stories.