Day 2: July 22, 2020 Theme: Strategic Actions: Transforming Your Organization To Save
7:45 am - 8:45 am Women In Procurement Breakfast
Women bring a different perspective to procurement and supply chain management and are increasingly becoming an integral part of many supply chain organizations. The ever-popular ProcureCon Women in Procurement Breakfast returns to provide an intimate setting for executives to discuss relative challenges in the industry.
7:45 am - 8:45 am Registration & Breakfast
8:45 am - 8:50 am Welcome Remarks
8:50 am - 9:00 am Chairperson Opening Remarks
9:00 am - 9:30 am Keynote Presentation: Solving For The Unknown Variables: IBMs Approach To Sustainable & Long Lasting Solutions For Supply Chain
In today’s environment, there’s so much volatility and unpredictability that can impact your supply chain. Having sustainable solutions in place hardly seems like an achievable goal to hit with so many unknown variables in place. However, Louis, has over 20 years and a proven track record dealing with tackling these strategic initiatives at IBM. Louis will share his views for developing and leading a host of risk/compliance programs across IBM’s global supplier networks.
• Ensuring regulations are being met
• Deploying new risk management tools and processes
• Developing sustainable solutions to problems in your supply chain
Louis Ferretti
Project Executive – Global Procurement for Environmental, Risk & Compliance ProgramsIBM
9:30 am - 10:10 am Panel: A Greener Future: Quantifiable Value Metrics, Other Than Savings, From Sustainable Sourcing
Social responsibility is driving sustainability in supply chain. Procurement is able to partner with suppliers to create a greener supply chain and still maintain a lower cost to non-sustainable products. It’s also quickly becoming a great way to have an edge over competitors. World-class sourcing functions are saving big by integrating this strategy seamlessly into their programs. This improves reputation, customer and stakeholder respect, confidence and loyalty. What can Procurement do to showcase value beyond savings with a sustain program? This panel will cover:
• Developing sustainability programs; Understanding the value your add to your organizations
• Compliance monitoring to reduce reputational risk
• Demonstrating value to leadership and beyond
• Equilibrium for environmental and financial matters
10:10 am - 10:30 am Keynote Presentation: Showcasing Strategic Value At Your Organization
Let’s face it. As the times change, so must we. Now is the time to take action, start preparing and exhibit your value and worth at your organization. Geopolitical threats, a looming recession, and other internal/external variables… These can all disrupt your organization. So… what can you do to lead and shape your organization through these troubling times? Listen to Teresa Neal with Domtar explain their views on:
• Defining value in 2020
• Maintaining a seat at the table
• Demonstrating value and execution
• Aligning views with C-Suite
• Proactive procurement
10:30 am - 11:10 am Networking Break: Lounge In The Solutions Zone
11:10 am - 11:30 am Case Study: Tap Into Your Data Lake: Leveraging Data For A Fact-Based Supply Chain
Manage supply chain based on news cycle and you’ll get burned out in weeks. As professionals, you need to avoid emotional decisions and go to the data. Market prices, regulation changes, tariffs and other information is constantly in flux and flooding your radar. So how do you handle this incoming data… interpret it and take action? Not to worry, you’ll learn best practices in this workshop with ________.
11:30 am - 11:50 am Presentation: Driving Efficiency: How To Use Machine Learning & A.I. In Project and Manufacturing Environments To Improve Transparency
How can cognitive procurement allow you to see patterns you never could have seen or created before? How can cognitive procurement help scale up procurement processes? How can you learn and improve from a tasks based on historic event using cognitive procurement? How can cognitive solutions enrich your data to allow prediction and analytics?
11:50 am - 12:30 pm Panel: The Good, The Bad & The Ugly: Post Contract Management
Let’s face it. Suppliers are not coming to you when prices drop. Only when they increase do you hear about price. So before suppliers come to you and inform you that the price is going up, now is the time to be proactive. It’s worth the effort to re-evaluate contracts to get decreases. Our expert panelists will discuss:
• Contract terms and agreements to help you
• Monitoring the market, seizing opportunities
• How to approach suppliers to generate savings’
• Contracting tools to help define success
12:30 pm - 1:30 pm Lunch
1:30 pm - 2:10 pm Panel: When Doing The Right Thing Can Actually Benefit Your Supply Chain
Overall, sourcing leads to other positive implications to a business. There’s cross functional goals and collaborate efforts needed for success. Decisions and actions made by an organization are impacting society and the environment. Our Panel will discuss how they’re adopting principles into their procurement and supply chain to:
• Ensuring long term success and growth
• Meeting expectations of stakeholders
• Complying with laws/regulations
• Conflict Minerals, greenhouse gas, product integrity, (What’s the balance?)
• Creating a stronger supply chain
2:10 pm - 2:30 pm Presentation: Hurdling The Challenges of Implementing & Verifying Code of Conduct
Ethics when dealing with suppliers. Are you interacting with your key suppliers in a fair and unbiased manner? Failing to abide by ethical practices can lead to illegal practices like illegal sourcing, corruption and discrimination. The backlash on your company can be detrimental to the way your clients and the public, view your business. Listen to Dirk describe why verifying code of conduct is essential for your business:
• Understand building positive images boosts business
• Control over external and internal forces
• Long term relationship with suppliers through ethical behavior
2:30 pm - 2:50 pm Case Study: Avoid Product Cost Early With Value Engineering
Does your company have a new product about to be developed or will you be reviewing the product development process soon? If so, come out and listen to Bruno de Arruda with Juniper Networks, explain the importance of having value engineering in the product development and manufacturing process. Hear ways in which procurement is overcoming struggles and finding ways to measure value.
Bruno de Arruda
Sr. Director – Direct Sourcing and Value Engineering LeadJuniper Networks, Inc.
2:50 pm - 3:20 pm Networking Break: Lounge In The Solutions Zone
3:20 pm - 3:50 pm Panel: Collecting Data & Finding Meaningful Information To Influence Your Business Decisions
Data… There’s a lot of it. How can collecting and analyzing your data lead to successful digital transformation? Well, our panelists are looking to tackle that questions. Listen to how these senior leaders are obtaining more actionable data and how they are using it.
• Finding the data – Benchmark panelists perspective
• Leveraging the data to your advantage and reporting it
• Clean data = value
3:50 pm - 4:10 pm Case Study: Value Creation: Making The Case To Leadership For More Sustainable Suppliers In A SME
There are many aspects to creating an organization that wants to excel in creating a sustainable purchasing program. Company culture, KPIs & Stakeholder feedback are vital when getting what you need to create additional value for your program. But sometimes, getting approval for these sort of task can be harder than they appear, especially for a SME where cash might be a little tighter o spend on resources needed to properly add value. ____Will walk you through:
• Understanding where the cost really comes from when putting sustainable initiatives into your team
• Getting the ball rolling: development and implementation
• Ways to showcase the impact on procurement and supply chain