PITTSBURGH, July 3, 2014 /PRNewswire-iReach/ -- Directworks, a leading provider of direct materials sourcing and supplier management software, and Spend Matters, the world's largest online source of procurement-focused research, commentary, technology, and best practice coverage, will host a webinar entitled "Supplier Collaboration in Strategic Sourcing: An Oxymoron?" on July 16 from 1:00-2:00 pm EDT.
In this webinar, Pierre Mitchell, Chief Research Officer of Spend Matters, and Stacy Leidwinger, Director of Product Management at Directworks, will discuss specific challenges that manufacturers face when collaborating with suppliers during the strategic sourcing process, and provide best practices to overcome these challenges. Further, these industry experts will discuss how manufacturers can work with their suppliers to look beyond cost reductions toward creating measurable mutual value.
"A true win-win scenario can only be achieved when both supplier and manufacturer work together in ways that protect the supplier's margin while still providing cost savings to the manufacturer<ins cite="mailto:Joe%20Lipple" datetime="2014-07-01T10:56">,</ins>" says Greg Anderson. "Market leaders are now finding ways to get this done".
According to Mr. Mitchell, "Supplier collaboration might seem like a an oxymoron within a strategic sourcing process, but engaging suppliers collaboratively across the process lifecycle is how the best manufacturers are creating value beyond material cost reductions."
In this webinar, manufacturers will learn proven practices for:
-- Identifying business drivers for investing in supplier collaboration -- Leading supplier collaboration through strategic sourcing -- Engaging with existing and new suppliers to drive value based activities -- Avoiding pitfalls that derail supplier collaboration programs
Manufacturers are encouraged to register for the webinar at https://www1.gotomeeting.com/register/267260049
Directworks provides cloud-based software solutions purpose-built for manufacturers to improve supplier collaboration, total cost visibility, and the efficiency of sourcing and supplier management activities. Leading manufacturers use Directworks to accelerate product launches, expand margins, and optimize their direct materials supply chain for cost, performance, and risk. Learn more about Directworks at www.directworks.com.
About Spend Matters:
Spend Matters is the first and largest online destination for procurement and supply chain professionals seeking insight, advice, and expert commentary on topical industry issues and events. We are focused on content with hard-hitting research alongside analysis of the most recent and relevant procurement and supply chain news. Find us at https://www.spendmatters.com.
Media Contact: Michael Cross, Directworks, 7249331180, firstname.lastname@example.org
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