2014 Trends for Sourcing and Procurement by Infosys BPO

Download 2014 Trends for Sourcing and Procurement by Infosys BPO

Post on 13-May-2015

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The spotlight is on 'sustainable and quantifiable returns'. New technologies, new business models, new strategies and tactics - sourcing and procurement (S&P) functions will use these as levers for savings and growth.

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<ul><li>1.TRENDS 2014 THE SOURCING AND PROCUREMENT BPO COLLECTION SUSTAINABLE AND QUANTIFIABLE</li></ul> <p>2. TRENDS 2014 THE SOURCING AND PROCUREMENT BPO COLLECTION The spotlight is on sustainable and quantifiable returns. New technologies, new business models, new strategies and tactics sourcing and procurement (S&amp;P) functions will use these as levers for savings and growth. 3. TRENDS 2014 THE SOURCING AND PROCUREMENT BPO COLLECTION 12THINK INTEGRATED S&amp;P SOLUTIONSPROCUREMENT AT CENTRE STAGEImprovement in spend under management with integrated solutions will lead the way in transformationAs markets consolidate, procurement will need to be prepared to facilitate informed decision making 4. TRENDS 2014 THE SOURCING AND PROCUREMENT BPO COLLECTION 34FORTIFY PROCUREMENT CAPABILITIESNEW PROCUREMENT DELIVERABLESTo be more strategic, enterprises will look for the right senior- and mid-level procurement professionalsExpect innovation and creativity to be a part of the new business value articulators 5. TRENDS 2014 THE SOURCING AND PROCUREMENT BPO COLLECTION 56BALANCE CASH AND CREDITKEEP AN EYE ON TAIL SPENDProcurement will be looked on to devise ways for managing working capitalEnterprises will leverage spend management to realize benefits beyond the bottom line 6. TRENDS 2014 THE SOURCING AND PROCUREMENT BPO COLLECTION 78A NEW BUDDY FOR PROCUREMENTGET READY FOR THE TOUCH WORLDProcurement will work with finance to model and even predict supplier financial risk on a global basisEnterprises will look for the touchless Amazon-like procurement experience for end users 7. TRENDS 2014 THE SOURCING AND PROCUREMENT BPO COLLECTION 910SMARTEN UP WITH ANALYTICSITS ALL ABOUT OPTIMIZING CAPABILITYEnterprises will seek real-time comprehensive S&amp;P visibility for actionable knowledge about spendA mix of outsourcing, technology and in-house capabilities will help find the best-fit operational model 8. TRENDS 2014 THE SOURCING AND PROCUREMENT BPO COLLECTION 1112TAILORED SERVICES ARE INNEW PERFORMANCE MODELSA B The appeal of fixed fee and single process engagements will increase as enterprises seek more flexibilityEnterprises will embrace performance benchmarking and should-cost modeling 9. TRENDS 2014 THE SOURCING AND PROCUREMENT BPO COLLECTION FIND OUT MORE VideoBlog postInfographicTweet chatWATCHREADVIEWKNOW MORE#Source2Pay InfosysBPO.com/Source2PayTrends </p>

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