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Sourcing Outlook

Increase top line growth and reduce bottom line costs

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Ivalua_TD

November 9, 2021 by sououtl16

How can procurement help create value and drive margins?

At traded goods and equal type companies there is a straight line between procurement – category managers and the customer. It is not possible to switch a component or product or change a supplier easily. It is absolutely vital to have the right product available at the right time from the right supplier. There are best-practices that translate to other industries, especially in a time of shortages. Like the role Procurement can have in becoming more attractive to both customer as well as supplier and increase transparency and communication.

Learn from each other and discuss:

  • How do you share customer data with your suppliers to become a customer of choice?
  • How do you identify customer preferences and use them to your advantage in Procurement?
  • In what ways can procurement work with sales and marketing and help them sell more?
  • How do you improve attractiveness towards suppliers?
  • What do you do if your customer only wants 1 product from 1 supplier and there are ostensibly no alternatives?

Henrik Nyberg | Account Executive and Nordic Lead | Ivalua

Filed Under: Theme Discussions 1 & 2 Tagged With: Ivalua enabled Theme Discussions, Margins, Value creation

Zycus_TD

November 9, 2021 by sououtl16

Centralized Or Decentralized? – How to devise the ideal procurement model for your organization?


Adopting centralized or decentralized procurement model has been an eternal dilemma for every procurement department. But there are various drivers like culture, pricing, risk, supplier on boarding, management philosophy that affects this decision. While modern times have seen the rise of hybrid procurement practices that combine the better of both worlds, however it is still not easy to determine the right strategic model that will be nonpareil for your organization.

Learn more and discuss with a peer group!

Gareth Adams | Regional Sales Director | Zycus

Filed Under: Theme Discussions 1 & 2 Tagged With: Centralized or de-centralized?, Zycus enabled Theme Discussions

BVD_TD

November 9, 2021 by sououtl16

Establishing a framework for sustainable sourcing

There is a growing need for firms to get a stronger measurement of ESG vulnerabilities across their supply chain, and also recognize opportunities within sustainable procurement. 
 We’ll be opening the discussion and showing you how it’s possible to use data and analytics to support your sustainable sourcing initiatives. 
 We’ll take a look at how procurement teams can use both quantitative and qualitative data to assess their counterparties, with a focus on small and medium size enterprises (SMEs). 

Learn and discuss;

Why is it important to consider ESG in your sourcing processes? 
Get insight to the data and analytics available to help you in your assessment of counterparties 
Learn from your peers on how they are approaching sustainable procurement  

Angela Brown, SVP – Product Strategy | Moodys ESG Solutions & Steffen Christophersen | Head of Risk Solutions, UK&I, Nordics, Middle East & Africa | Bureau van Dijk – A Moody’s Analytics Company

Filed Under: Theme Discussions 1 & 2 Tagged With: Bureau van Dijk a Moody’s Analytics company

OpenText TD

October 18, 2021 by sououtl16

Come together to discuss how to act faster and become more agile

Join this session with a peer group to discuss how to improve supply chain agility and adaptation to changes. The past year has placed this topic in the front and here you will meet a peer group sharing the same interests as you!

How is disruption driving the evolution of the digital supply chain?

From pandemics to political uncertainty, climate disasters to government regulations, forces out of our control continue to disrupt supply chains and push organizations to find new markets and routes to market, to embrace new opportunities and meet changing customer demands. 

Near shoring, dual-sourcing and diversification all require unprecedented agility – rapid enablement and integration with new partners, often non-traditional partners, is critical.  Manual paper-based processes simply do not scale.

During this session you will discuss the trends driving your supply chains to rapidly adapt and how digitization and integration can help manage the risk of disruption.

We’ll discuss:

  • How digitized is your supply chain, and how much value do you think 100% digitization would bring?
  • What have been the main forces driving supply chains to evolve in 2021?
  • What are the key lessons learned from recent supply chain disruptions?
  • What are the critical tools / technology that can help minimised disruption?
  • What trends do you think will improve supply chains for 2022?
  • What does the intelligent supply chain of the future look like and how do we get there?

Filed Under: Theme Discussions 1 & 2 Tagged With: Digital Supply Chain, Manage disruption, OpenText at Sourcing Outlook 2021

QAD Allocation TD

October 13, 2021 by sououtl16

Join a session comparing how far digitization in direct spend has really come.

Discuss:

If more than 50% of your spend and 100% of your quality depends on your direct suppliers…

How far have manufacturing companies come digitizing direct purchasing and supplier quality?

On paper direct purchasing and all its spend categories are run in an optimal way. Supplier qualification and classification is streamlined, contract management flawless and supplier development and sourcing strategies without glitches. Spend being completely under control. Reality however shows that also within direct purchasing data is often scattered. Making efficient Rfx processes, supplier collaboration, cost reduction, contract usage and quality follow up really hard. Not to mention challenges from VUCA markets (Volatility, Uncertainty, Complexity & Ambiguity) – what insights do you have? During this session you can discuss ways of managing production material supply and supplier data centrally.

Learn about and discuss;

  • How digitized and centrally accessible is your supply data today?
  • In what ways are you streamlining Rfx processes, using eAuctions and awarding contracts? And what about supplier quality processes post award and post SOP?
  • How can cross-functional award decisions be made more efficient?
  • To what extent can you communicate supplier performance (not the least in the past years volatile markets) internally and externally and derive activities?

Filed Under: Theme Discussions 1 & 2 Tagged With: Direct spend digitization, QAD Allocation Theme Disussion, Supplier quality

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