If You Build It, They Will Learn: Key Takeaways from Building a Leading Strategic Sourcing Organization
In this session, the presenters shared how Community Health Systems successfully created a strong strategic sourcing capability from a previously decentralized organization. Their strategic sourcing organization rapidly realized over $100M in cost savings to the company within the first two years. This discussion was geared towards Procurement professionals and executives who are looking to create strategic sourcing capabilities but face challenges in overcoming decentralization, resource limitations or business alignment, or are just trying to determine where to start.
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In this session, the presenters shared how Community Health Systems successfully created a strong strategic sourcing capability from a previously decentralized organization. Their strategic sourcing organization rapidly realized over $100M in cost savings to the company within the first two years. This discussion was geared towards Procurement professionals and executives who are looking to create strategic sourcing capabilities but face challenges in overcoming decentralization, resource limitations or business alignment, or are just trying to determine where to start.