Buyers Meeting Point Weekly Commentary for November 9th, 2015

This week's guest audio excerpt is from a recent ProcureChange webinar on 'Applying Outsourcing Best Practices to Improve the Performance of your Internal Procurement Group.' In this event, ProcureChange founder Phil Ideson walked through ten best practices, but he focused in depth on three: putting formal statement's of work in place, investing in governance, and working through stakeholder level planning.

Fortunately for the webinar attendees, Ideson's governance is not the starched itchy collar you might be thinking of. It is a highly strategic, actionable part of the procurement program. The full webinar is available on YouTube here: https://www.youtube.com/watch?v=ssFkr3LLti4&feature=youtu.be