Rethinking Your 80/20 to Achieve the Art of the Possible

Procurement has long managed spend, implemented tech, and committed resources based on the 80/20 rule.
But given how we’ve matured as a profession, should that 80/20 split still be based on total spend? Not if procurement wants to drive incremental impact.
Adam Brown is the lead for transforming and digitizing source to pay at AP Moller - Maersk. He and his team are breaking down procurement preconceptions and unleashing their potential for impact by rethinking their 80/20.
Rather than focusing their efforts on managing 80% of total spend, they are revolutionizing how they manage the 20% of spend that is unique to their company and industry.
In this session he uses the familiar 80/20 paradigm to challenge how procurement implements technology and break down our own barriers about what procurement can and should be doing to drive value.
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Art of Procurement was founded in 2015 to empower professionals at all levels to align procurement performance with corporate objectives. Whether it is based on the inspiration of the #1 procurement podcast hosted by Founder Philip Ideson, or through targeted advisory and content creation offerings, we guide our clients and brand partners on their journey to 10X the impact of #procurement.