FOREWORD
Dear Reader
The world of procurement is witnessing some exciting changes and disruptions. The inevitable transformation in digital procurement is driving the imperative to keep abreast of the latest developments in procurement technology, contemporary practices in spend management, and learnings from game-changing strategies adopted by companies to magnify value from procurement.
It is within this rapidly changing landscape that we at Infosys are constantly engaging with the global procurement community, bringing you select stories from within and outside Infosys to help you in your transformation journey.
The Infosys Sourcing & Procurement team and I are very excited to bring to you, our very first edition of ‘SPENDBYTES’ – our monthly procurement newsletter. This procurement community-outreach has a cross-section of topics of interest to you - new offerings & technologies, market insights across varied industries and spend categories, survey reports, some of our success stories and best practices.
In this inaugural edition, we focus on the priorities of procurement as a function in the coming few years.
I hope you’ll find it interesting and worthwhile. We look forward to any suggestions, feedback and topics that you would like us to cover in the future editions!
Happy Reading.
Kris
Srikrishna (Kris) Koneru
Global Practice Head,
Sourcing & Procurement
SPECIAL FEATURE
Infosys BPM Trends 2017
‘Agile’, ‘Predictive + Prescriptive’ with a continued focus on ‘Core’. That's what we think will be the top 3 trends in the world of procurement. Listen to Kris here!
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VICTORY STAND
Infosys named a Leader in Everest Group’s Procurement Outsourcing (PO) Service Provider Landscape 2017
The report states that Infosys has deep domain expertise, with 2200+ Sourcing & Procurement professionals, and offers end to end Category Management and Sourcing services for clients across industries. It also adds that Infosys’ strong emphasis on enhancing employee expertise through its CoEs has resonated well with its clients. Further it states that Infosys has identified its strategy in the digital procurement environment and has invested in building capabilities around market intelligence, analytics, automation & cognitive procurement, while integrating robotics automation into its proprietary end-to-end platform, ProcureEdge.
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OUR PRACTITIONERS’
PERSPECTIVE
What's Disrupting the World of Procurement? (Part 1)
Next Gen Procurement: Digital + Design Thinking
Digital in procurement is now more crucial as it evolves into a more strategic and collaborative function. This paper outlines the radical approach of utilizing Design Thinking to aid an effective digital strategy for procurement.
Free download!MARKET INSIGHTS
6 Disruptions in Category Management
This section houses contextual snackable insights relevant for us in procurement.
In this edition, we discuss the key disruptors in the industry and how they are impacting the categories significantly.
Free download!
OUR SUCCESS STORIES
Partnering to Transform!
Infosys, with its streamlined, insights-driven approach, helped save millions annually for a global pharma major. Read on to learn how we transformed this pharmaceutical major’s procurement function, netting more than GBP50 million in savings annually!
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MEET OUR
PRACTITIONERS
Read about unique experiences and personal insights from our procurement professionals across the globe.
In this edition, meet Michael Groenendaal, our Practice Engagement Manager from Infosys Amsterdam.
+ More
MEET US AT
PROCURECON 2017,
BERLIN
Infosys is a Sponsor and Exhibitor at ProcureCon Europe, Berlin.
Meet us at the Infosys booth and join us for our Roundtable discussion @ Hotel Palace Berlin, Germany: 17th to 19th Oct.
