Essentials of a Modern Procurement Function
Essentials of a Modern Procurement Function
Conference RegistrationSession Details
Date: Monday, June 30
Time: 2:40 pm - 3:55 pm ET
1.5 CPE credits
Level: basic
Field of Study: Finance
Location: Room151
The procurement function provides leadership and support for purchase of goods and services while also navigate complex frameworks of legal, budgetary, management, and ethical requirements. However, this compliance role can also seem burdensome, inefficient, and confusing. Modern procurement functions are able to set clear policies for roles, approvals, transparency, competition, decision-making, and code of conduct and deliver in providing excellent customer service to both internal and external stakeholders.
Speakers in this session will provide a simple checklist to evaluate your own procurement policy and discuss strategies for incorporating best practices and modern approaches to procurement. The session will also provide strategies on how to transform your procurement function and improve results.
Learning Objectives
Understand key components of a procurement policy.
Evaluate your own procurement policy.
Develop strategies for improving your procurement policy.