Driving an Indirect Sourcing Transformation

08 May 2018
11:15 am - 12:15 pm

Driving an Indirect Sourcing Transformation

For the past two years, Boston Scientific embarked on an indirect sourcing transformation to create a world-class sourcing organization, become a trusted partner to our functions, regions and divisions while driving US$100 million in cost savings. Hear Boston Scientific’s approach to indirect spend and the transforming of our indirect sourcing organization. Boston Scientific created (1) a closed loop process to communicate savings to controllers, (2) a governance model to create policies, processes and accountability and (3) an organizational structure to drive spend optimization of US$2.5 billion in indirect spend.

 

Date
May 8, 2017
Track
Indirect
Experience Level
Proficient
Mastery Model Competency
Sourcing