PD Session - "Smarter Sourcing Helps Drive Cost Reduction"

• FEI Philly

Today's businesses are under constant pressure to reduce costs yet many find it hard to do so in a sustainable fashion. Executives recognize that changing cost structure requires extraordinary focus rather than a “business as usual” approach. Yet companies are achieving only 59 percent of expected savings on cost-reduction projects because they too often pick the easy option for cost initiatives, rather than the one which will yield most savings. Quick fixes rarely deliver large or lasting savings. A diet helps you lose weight for a while, but it often takes a change in lifestyle to deliver long-term health. Come learn how global sourcing can:

• Reduce costs by as much as 20-55%
• Improve people productivity by as much as 2x
• Respond by as much as 2x-3x faster
• Create flexibility to scale up and down as your business changes
• Improve service levels and increase quality in your processes

Featuring:
Russell Doby, IBM VP of Application Management Services
Victor J. Reyes, KPMG LLP, Principal and Midatlantic Sourcing Advisory Services Leader