Bill Huber

A new report by Alsbridge and GEP, Transforming Procurement for a Digital First Economy, explores just how digital savvy are procurement organizations and the role they can play in a ‘digital first’ economy. The report also outlines specific steps CPOs and procurement leaders can take to prepare for and successfully navigate a digital future.

Cost reduction has traditionally been the primary motivation behind and justification for outsourcing initiatives within the business process management (BPM) space. That narrow perspective is changing, as increasingly mature enterprises focus on leveraging outsourcing to add value and achieve benefits beyond a basic take-out of cost.

Chief Procurement Officers (CPOs) face a significant challenge of adapting their organizations to the new competitive reality. A key trend affecting procurement is the basic fact that old jobs are going away and new jobs emerging.

Capital Markets industry players are seeking new sources of innovation led differentiation
in an increasingly competitive market. They are seeking newer operating models which
drive cost competitiveness, agility and market differentiation. An organization strategy
centered on “Managed Services” can enable companies to meet multiple objectives of
driving cost efficiency, product and process innovation, speed to market, customer service,
risk management and regulatory compliance in… Show more

Capital Markets industry players are seeking new sources of innovation led differentiation
in an increasingly competitive market. They are seeking newer operating models which
drive cost competitiveness, agility and market differentiation. An organization strategy
centered on “Managed Services” can enable companies to meet multiple objectives of
driving cost efficiency, product and process innovation, speed to market, customer service,
risk management and regulatory compliance in a global environment Show less

2012 Interview with BPO thought leaders at Cognizant on the future of technology & BPO