The Power Couple: Uniting Manufacturing CFOs and Procurement for Margin Expansion
Edmund Zagorin
Founder and CSO at Arkestro
Len DeCandia
Former CPO at Johnson & Johnson
Summary:
Learn practical insights and strategies for fostering a strong partnership between the CFO and procurement that delivers tangible business outcomes.
About the Webinar:
CreditSafe’s recent report found that “…a staggering 95% of North American manufacturers planning to ask for discounts from suppliers in the next six to 12 months.” The only problem? When cost reduction projects impact operations, it can challenge the relationship between Finance and Operations, especially for manufacturing enterprises.
This webinar focuses on the collaborative efforts between the CFOs and COO/CSCOs to drive both operational and financial success for manufacturing companies, especially large enterprises with multiple plant locations. Our discussion includes specific tactics and playbooks for Procurement leaders navigating the perceived trade-offs between cost reductions and supplier performance.
3 Key Takeaways:
- Understand what the CFO values
- Effective communication strategies to showcase procurement’s value to the CFO
- How procurement can contribute to margin improvement