The Evolution of Services Procurement: Sourcing Best-In-Class SOWs

In today's competitive landscape, organizations are under increasing pressure to optimize their services procurement processes. This challenge is a result of the limited visibility and maturity organizations have into this category of spend.

During this session, we tackled critical questions leaders must address such as how to navigate the complex web of SOW suppliers and how to identify SOW solutions, with a focus on data leverage and maximizing cost savings.

We covered fundamental SOW challenges and opportunities that are top-of-mind for leaders implementing a SOW program:
• How to transition from triage and tail spend management to strategically handling high-value services.
• The importance of insights, intelligence, and data in shaping your decision-making process.
• Concrete steps you can take to build momentum, enhance program adoption, and secure executive-level buy-in for your SOW program.

Speakers:

Dustin Burgess, Senior Vice President, Strategic Advisory , Magnit
Greg Fenton, Senior Vice President, Client Services, Magnit
Jen Simon, Workforce Strategies Research Director, SIA