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Description: Do you feel like you’re always busy putting out fires, reacting to the one thing in front of you, and have little time for planning? Wouldn’t it be nice to have a long-term, systematic, and holistic approach to your sourcing? This session will help you move away from short-term, transactional buying and learn to leverage data, cooperative purchasing, and successful supplier partnerships to maximize the value of your spend.

Learning Objectives:
1. Understand the concept of strategic sourcing and the key steps to developing a successful strategy to increase efficiencies.
2. Discover questions to ask, where and how to obtain data, and techniques to identify sourcing gaps and opportunities.
3. Realize the ability to scale the six pillars to create a customized plan that best meets each institution’s needs.