Dear Readers,
For us as procurement practitioners, it’s that time of the year when we sift through the year gone by, reflect on what worked (and didn’t) and arrive at our focus areas for the year ahead that will transform the function.
In this holiday edition of SPENDBYTES, we’ve tried to do just that! We’ve gift wrapped for you a very special feature: results of the Infosys Portland-CIPS survey with some deep insights from across about 170 CPOs in the ANZ region. We’ve cherry picked for you some deep dives: on Supplier Chain Excellence & Risks, Rising Influence of Technology in Supply Risk Management and our interesting client success-story: how our AI based information dashboard transformed static procurement performance reporting to a dynamic decision support and risk mitigation platform, for one of our clients, among others!
We’ll keep it as real in the new year with more interesting articles, insights & snippets.
Merry Christmas and a very Happy New Year!
Cheers,
Team SPENDBYTES
SPECIAL FEATURE
What will CPOs in ANZ Focus on in 2018?
Infosys Portland collaborated with CIPS (Chartered Institute of Procurement & Supply) to conduct a survey on ‘The Changing Face of Procurement’. Around 170 CPOs across Australia and New Zealand participated in the survey which focused on ‘Changes in Procurement: How these Changes Will Affect Focus Areas in Procurement Over the Next Three Years?’ We have some interesting findings - across value delivery, supplier relationships, procurement capabilities, stakeholder engagement, risk management and use of technology in procurement! To get the full report
Click hereFor more details reach out to Ashish Oberoi
OUR SUCCESS STORIES
Shift from a Static Performance-reporting Environment to a Dynamic Decision-support System
Infosys, through its proprietary automation platform - Nia, helped to create a dynamic, real-time decision-support system for procurement leadership of a global pharma client. Through this, we helped timely management of spend-related risks, enhanced our clients’ experience, increased speed of reporting by 80% and saved 60k GBP annually.
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MARKET INSIGHTS
Rising influence of Technology in Supply Risk Management
We have some interesting snippets to share on the rising influence of technology in managing risk in procurement and supply chain. From tools and technologies that enhance the risk management landscape to how technology can help in multi-tier risk analysis in procurement.
DownloadOUR PRACTITIONERS' PERSPECTIVE
Prashanth Murali Kaivar, Principal Consultant, from the S&P Practice was invited by the Kaizen Institute of India to deliver a keynote address at ‘Indizen’ - the 8th National Supply Chain Conference, India. More than 300 delegates, from organizations across manufacturing and services attended the event. Mr. Kaivar spoke about the importance of due diligence and risk management for decisions related to Supply Chain. His thoughts, as a blog, below.
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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 Ctibor Coufal, Senior Domain Lead, Sourcing & Procurement Practice, Infosys, Prague
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