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Join us for an insightful one-hour webinar highlighting Procurement Outsourcing as an important value driver for companies in the Manufacturing industry. Everest leaders Katrina Menzigian, VP of Research, and Saurabh Gupta, Research Director, will highlight key trends and developments for PO in the Manufacturing industry and discuss its bottom-line benefits for both new and experienced adopters.
Given the imperative to create tangible growth at the bottom line, many companies in the Manufacturing industry have found that adopting Procurement Outsourcing (PO) is an effective strategy for significantly reducing costs. In fact, Everest research has shown that PO can create as much as US$150 million in annual savings for a US$10 billion manufacturer. So, it comes as no surprise that the industry has owned the lion’s share of PO activity, representing almost 60% of all multi-process contracts and nearly 50% of overall spend.
But the current statistics only signify a much broader opportunity for the industry looking forward. Manufacturers that have not yet capitalized on the benefits of PO are building business cases, and those that have already adopted PO are well-positioned to expand the value proposition to even further benefit their organizations.
Date and Time
Thursday, June 25, 2009
10:00 am Central Daylight Time (GMT -05:00,
Chicago)
11:00 am Eastern Daylight Time (GMT -04:00, New
York)
4:00 pm GMT Summer Time (GMT 01:00, London)
Presenters
Katrina Menzigian - Vice President, Everest Research Institute
Saurabh Gupta - Research Director, Everest Research Institute
Click here to listen to a recording of this webinar