Glo runs simultaneous events and can keep conversations going with hundreds of suppliers at once. This is a real departure from how sourcing events run today, where a team naturally spends its limited hours on the two or three suppliers that matter.
“ Glo doesn’ t have the same capacity constraints as a human,” Joel says.“ It can run unlimited events simultaneously, with the same commercial rigour.”
“ Nothing compares to Globality in its ability to create that force-multiplier effect,” says Clare Cassano, Head of Procurement Strategy & Execution at Invesco.“ We have far outperformed our own targets delivering 2.5X the savings versus our baseline. A lot of that comes down to putting more purchases through Globality and doing more with the capacity we have.”
When procurement leaders can focus on the people side of the job role, letting technology do the manual and repetitive tasks, new value can be unlocked. Procurement teams find themselves under less strain, meaning they can give more attention to the decision-making. Through this, organisations can become more resilient and more cost-efficient, undergoing a significant transformation which can take them into the future.
“ Procurement stops being the function that’ s perpetually behind on how much spend it can review, let alone manage properly, and instead becomes the valuecreator that shapes how the enterprise buys, how fast it moves and whether it hits its numbers,” Joel says.“ Substantially increasing its impact guarantees Procurement an influential seat at the table, which CPOs have wanted for years.”
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