Sourcing Outlook

Increase top line growth and reduce bottom line costs

Estee Lauder TD

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EBG | Network welcome Huso Hasanovic, Executive Director Sourcing & Procurement Services at The Estée Lauder Companies Inc. to Sourcing Outlook 2021. Huso will host round table discussions enabled online, limited seats to enable true conversations.

Below what you can expect from joining his sessions. This topics is divided into two – the first group is less mature and the second more. This area being more to-the-point if the groups are more homogeneous.

MISSION STATEMENT

Group 1 are or have until recently had a de-centralized POM and are in the beginning of a transformation journey. Group 2 have a centralized POM, cross function collaboration (more or less) and a category structure. During both sessions you will get practical advice and learn from peers how they are developing their POMs.

How are you developing your procurement operating model ahead?

The operating model of a procurement function (POM) needs to be consistent with a company’s overall strategy, global organization, and culture. Probably not as linked to ”bottom line improvement and savings” any more. Suppliers, customers, and other stakeholders feeding back and expecting adaptation. This session will focus on comparing notes and exchanging experiences on procurement operating model challenges. Discussing how to drive a balanced organization model and embed capacity for change and continuous improvement. How to measure performance and what spend life cycle structures to develop depending on maturity, type organization and industry.

Learn from each other and discuss;

  • Do you have a centralized, decentralized, center-led approach and how has that changed?
  • How are you developing your category structures (ahead)?
  • What elements of your corporate strategy (or value map) are supported by Procurement?
  • What is the Governance approach for Business Engagement?
  • How effective is your Procurement organization at influencing business demand?
  • In what ways have you embedded a spend life cycle perspective in your POM?
  • Has Procurement conducted a Strategic make vs buy analysis of the business?
  • In what ways is technology and improved data management affecting which performance metrics you use?
Register here and start choosing sessions

About Huso

Huso has both strategic and operational experiences from several organizations and industries. Today Huso is Executive Director Sourcing & Procurement Services at The Estée Lauder Companies Inc.. He has experiences from Deloitte, Swissport, Carlsberg Group, DSM, Cap Gemini to mention some organization.

About The Estée Lauder Companies Inc.

The Estée Lauder Companies Inc. is one of the world’s leading manufacturers and marketers of quality skin care, makeup, fragrance and hair care products. The company’s products are sold in approximately 150 countries and territories under brand names including: Estée Lauder, Aramis, Clinique, Lab Series, Origins, Tommy Hilfiger, M·A·C, La Mer, Bobbi Brown, Donna Karan New York, DKNY, Aveda, Jo Malone London, Bumble and bumble, Michael Kors, Darphin Paris, TOM FORD BEAUTY, Smashbox, Ermenegildo Zegna, AERIN, Le Labo, Editions de Parfums Frédéric Malle, GLAMGLOW, KILIAN PARIS, BECCA, Too Faced and Dr. Jart+, and the DECIEM family of brands, including The Ordinary and NIOD.

The Estée Lauder Companies Inc. have 60K+ employees and sells products in 150+/- countries. The Class A Common Stock of the company is listed on the New York Stock Exchange under the symbol EL.

Grundfos TD

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Grundfos join Sourcing Outlook 2021

Mission Statement

Be part of a benchmark group and learn from the do’s and dont’s other people and organizations have and are experiencing developing indirect materials and services management. Helping all of you make better informed decisions now and ahead.

Benchmark | Successful implementation of Source to Pay for Indirect Materials & Services

Grundfos is a leading multinational company that develop, produce and sell some of the worlds’ most efficient and energy saving pumps and pump solutions across the globe. We help our customers save natural resources and reduce climate impact. The ambition is to improve process efficiency, reduce maverick buying, enable compliant business driven processes with super user friendly and intuitive interfaces:

Grundfos is in the early phase of a S2P solution investigation/implementation planning, with scope full vertical integration, Global widespread toward the organization involving 60 countries.

In this theme discussion we aim to benchmark with participants addressing the same process/project on: 

  • the approach selected for implementation: functionality implemented step wise vs. full suite, pilot selection, roll out approach, etc
  • the technology selection approach: best of suite vs best of bread, and potential pitfalls
  • the critical Keys to succeed in the preparation phase, within the areas of Change management and maturity of Policies & processes

About Grundfos

Since 1945, when we started our business in Denmark, we have grown and are now represented by more than 100 companies in more than 60 countries and in addition, our products are sold in a larger number of countries by local distributors.

grundfos.com/about-us/company

The company employs around 19,280 people today. More than 8,000 are employed in Operations. Poul Due Jensen founded the company in 1945 from his basement in Bjerringbro, Denmark. The first pump made was a water pump.

About Chiara

Chiara is responsible for the Global Indirect Purchasing scope, approx. 21% of the overall company net sales value spread across all indirect materials and services, including logistics and transportation, for a spend of approx 800 mil€.
She leads the ambition to apply Value Based Sourcing within Indirect Purchasing, to realize a sustainable competitive advantage through purchasing professionalism and support business requirements driving innovation and sustainability with external suppliers.

Chiara leads the development of the Purchasing Strategy to ensure that maximum value is created as an integral part of the business strategy, leveraging the capabilities through a clearly aligned governance structure. Among the responsibilities connected with her position she aims to bring transparency to the indirect spend to increase control and compliance, she is leading, managing and developing the organization ensuring cross-functional collaboration and processes to optimize indirect spend management.

Chiara achieved solid experience in leading Purchasing cross cultural organizations in different countries, both within Direct and Indirect components and services, with focus on organisation development, tools and processes optimisation with ultimate goal of performance and value delivered improvement.

About Palle

Palle is leading the strategy transformation of Group Purchasing from a solid performing purchasing function to become a true strategic asset for Grundfos, applying Value Based Sourcing.
In this role he is working closely with the CPO and Group Purchasing Leadership team, as well as stakeholders globally across most functions in Grundfos.

Palle is an experienced change leader, primarily leading functions and change programs. Focus has mainly been building or redesign Operations functions and processes in Global companies. Founded in a strategic mindset, Palle has a strong focus on the full process from analysis, solution, decision and all the way to implementation & impact. Palle has a strong passion working with organizational design and people to develop the company and not least the people making it happen.