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New procurement teams introduce big challenges and new opportunities into the customer relationship. My old contact has been replaced A new procurement team introduces fresh dynamics and relationships. The working environment will undoubtedly change from what you were used to with the previous procurement team.
The executive sponsor should be familiar with the account and help expand the customer mapping, engagement and relationship. Procurement leaders, chief financial officers and other senior leaders can be great sponsors if the fit is right. We need to consider the person’s willingness and personality fit with the customer account.
Consider everyone who may have a direct or indirect influence on the account, including end-users, procurement teams, IT departments, and even external consultants or advisors. With access to real-time data and historical trends, businesses can develop detailed account plans and set realistic goals.
AI detects a 25% decline in executive engagement over three months, combined with increased support tickets and delayed procurement responses. A risk AI agent automatically alerts the account team, suggesting proactive retention strategies before renewal discussions even begin.
Stay informed on the account through an established strategic account process. Contribute to, and have accountability for, the account plan. Challenge accountstrategy and tactics. Participate in internal leadership and customer account meetings – and not only when “the house is on fire”.
AI will shed light on these blind spots by: Mapping deal risk in real-time: AI will recognize when a key stakeholder becomes less engaged, when procurement delays approvals, or when a competitor starts influencing internal discussions, flagging them as risks. But the most dangerous threats are those that go undetected until it is too late.
AI will shed light on these blind spots by: Mapping deal risk in real-time: AI will recognize when a key stakeholder becomes less engaged, when procurement delays approvals, or when a competitor starts influencing internal discussions, flagging them as risks. But the most dangerous threats are those that go undetected until it is too late.
AI will shed light on these blind spots by: Mapping deal risk in real-time: AI will recognize when a key stakeholder becomes less engaged, when procurement delays approvals, or when a competitor starts influencing internal discussions, flagging them as risks. But the most dangerous threats are those that go undetected until it is too late.
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