Intercontinental Downtown Los Angeles, CA
August 27- 29th

This event is co-located with:

Intercontinental Downtown Los Angeles, CA
August 27-29th, 2017

Procurement Management | Strategic Sourcing | Supplier Partnerships

The procurement track brings together senior purchasing, sourcing and supply chain executives to deliver a comprehensive view of best practices and solutions to the most significant and prominent challenges in the procurement world. They will address key strategies for inventory and cost management, technology implementation, strategic sourcing, supplier relations, talent management  and other topics that will promote a successful operational system.

  • Leveraging the Latest Technology & Selection
  • Centralized Versus Decentralized Procurement
  • Spend Management/ Cost Containment
  • Digitization of Procurement
  • Reaching Sustainable Procurement
  • Trade Compliance and Governance
  • Best Practices for Strategic Sourcing
  • Workforce & Talent Management
  • Supplier Risk Management
  • Effective Inventory Management

Breakout Presentations

A Winning Formula for Strategic Global Sourcing

SPEAKERS

Lanny Million
Chief Supply Chain Officer, Industrial Electric Wire and Cable Inc.

Details

A Winning Formula for Strategic Global Sourcing

The main objective of the presentation is to convey the elements of a strategy to establish a global strategic sourcing initiative in your organization. You will also learn how to sell this strategy to internal stakeholders, and how to execute the strategy once undertaken. A number of points will presented regarding the benefits of such a strategy. We will also explore the various manufacturing capabilities and cultures from around the world.

Key Take-Aways

  • Recognizing the need for a strategic sourcing strategy
  • Determining the key requirements of a strategic sourcing strategy
  • Articulating the strategy to senior management and the Board
  • Understanding the opportunities that exist in global sourcing.
  • Detailing the execution steps of a strategic sourcing strategy
Soft Costs and Strategic Purchasing

SPEAKERS

Nick Price
Head of Purchasing, Deautz AG

Details

Soft Costs and Strategic Purchasing

The key objective of the discussion is to create a better understanding of the “soft costs” associated with Purchasing and its impact on the Strategic Purchasing decisions. There are practical steps that can be taken by the company to reduce “soft costs” which link the Corporate Strategy directly to the supply chain management. We will examine the actual costs associated with “soft costs” and examine how clear strategy for growing and developing the supply chain strategy can reduce these costs and can benefit both the Company and the Supplier.

With ever increasing technology available and ever-increasing demands on Corporations to deliver high quality and high-performance products into the market place, Purchasing Departments are under greater pressure to ensure cost deliverables are controlled and profitability is maintained and increased. Soft cost control is one area often pushed aside as the pressure to deliver takes priority.

Key Take-Aways

  • Understanding of “soft costs”.
  • Understanding of how to cost “soft costs”.
  • How understanding of Soft Costs can improve and develop the Corporate Purchasing Strategy
Creating an “Agile” Sourcing/Procurement Organization Under A Supplier Risk Management Framework

SPEAKERS

Michal Sroka
Senior Vice President, SunTrust Banks Inc.

Details

Creating an “Agile” Sourcing/Procurement Organization Under A Supplier Risk Management Framework

We all have lines of businesses that we support that need a new product or service immediately, and expect our teams to execute the contract within a couple of days.  How do you achieve executional excellence with the pressure of meeting all third party risk management mandates and business needs?

Key Take-Aways

  • Dispel the notion that everything takes too long
  • Make the business aware that you offer more than a “one size fits all model”
  • Early engagement is key
  • Identify best practices to speed completion without sacrificing value and risk
  • Create a culture of innovation and continuous improvement
  • Earn the right to be a strategic partner
Elevating Purchasing Function’s Capability through Organizational Structure and Design

SPEAKERS

Tolga Tuksal
Director of Corporate Purchasing, Supply Chain, Materials and Planning, Miniature Precision Components

Details

Elevating Purchasing Function’s Capability through Organizational Structure and Design

When designed and executed right, organizational structure can transform the purchasing function from clerical and tactical to a world-class and strategic organization. In this presentation, we will analyze several best-in-class purchasing organizational structures. We will explore how to design and implement the most effective structure, create and upgrade processes that complement and enhance the structure and ultimately build a capable and world class purchasing organization.

Key Take-Aways

  •  Gap Analysis and Choosing the Right Organizational Design for Success.
  •  Aligning Structure with Three Key Deliverables: People, Process and Results.
  •  Creating Commodity and Project Purchasing Structure to Increase Capability.
  • Right People/Right Place and Supplier Development Recipe for Sustainable Success
Supplier Focused Innovation

SPEAKERS

Dhinakar Baskaran
Director – Global Procurement, Videojet Technologies Inc., ( A Danaher Company)

Details

Supplier Focused Innovation

Innovation is important to survive in this competitive global environment. However, as technology continues to rapidly evolve and pressure to reduce R&D costs increase, tapping into supply base’s innovation capability through a systematic Supplier Focused Innovation process can help launch innovative new products that meets customer needs faster at lower total cost.

Key Take-Aways:

  • Sources of Innovation
  • What is Supplier Focused Innovation
  • How to implement Supplier Focused Innovation in your company through systematic process
  • IP considerations
  • Innovation workshop & Technoshare with Suppliers for Brainstorming
Obsolescence, Parts Quality & Mitigating Counterfeit Parts Impacts in our Value Chain & Equipment Reliability

SPEAKERS

Robert L. Littles
Director of Obsolescence & Procurement Engineering, Rolls Royce

Details

Obsolescence, Parts Quality & Mitigating Counterfeit Parts Impacts in our Value Chain & Equipment Reliability

Parts manufacturing in a global market has become challenging to say the least. Manufacturers are changing their product lines continuously, looking to produce the same items but less expensively, potentially impacting the quality of the products. In addition, various factors such as counterfeiting is driving further impacts on manufactures with directly and indirectly.  How may companies and the Supply Chain organization identify and offset these on going challenges. 

Key Take-Aways:

  • Understand what is defined as obsolete parts
  • How to minimize the impact of obsolescence challenges
  • How to identify and minimize the impact of counterfeit parts
  • How to maintain a high quality of parts
  • How to assure your Supply Chain & Procurement organization are holding their suppliers accountable for the quality of their products
Strategic Sourcing: Realizing the Benefits Without An

SPEAKERS

Troy Heibein
Vice President of Strategy, Raven Bay

Details

Strategic Sourcing: Realizing the Benefits Without An "All Or Nothing" Transformation

Strategic Sourcing has the proven ability to leverage spend across the enterprise and improve service delivery from suppliers. Implementing this model, however, has traditionally involved an "all or nothing" transformation of a firm's supply chain operating model with significant people, process, and technology impacts that are not always feasible from a budgetary, disruption to business, or political perspective.  This presentation explores how you can reap the benefits of these powerful concepts with minimal investment or business disruption through the utilization of Cross Functional Teams

Key Takeaways:

  • An end-to-end understanding of the Opportunity Identification, Category Planning, and Strategic Sourcing processes
  • How a holistic view can be used to identify & prioritize opportunities where Strategic Sourcing could generate a meaningful impact along with developing the business case and deciding on an implementation approach                                                
  • How your organization can get started on achieving the benefits of Strategic Sourcing without an "all or nothing" transformation, significant cost, or a major disruption to the business
Digitalization in Procurement

SPEAKERS

Jeni Rajbhandari
Head of Services Procurement, NAM Global Operations, Nokia

Details

Digitalization in Procurement

The market is evolving in terms of business opportunities as well as sourcing and delivery. What are we doing to ensure we stay abreast with this fast changing environment? The traditional methods and processes are not sufficient for the success we are targeting. Hence, we are embracing the change by implementing analytics and real time data in our sourcing models to help us grow the business and be a real valued contributor.

Key Take-Aways

  • Evolution in sourcing towards a more demand driven journey
  • The two-pronged procurement vision
  • Implementation of Analytics to achieve next generation Benchmarking, Spend, Supplier and Category real time, big data driven KPIs
  • Digital and Supplier Innovation Opportunity in Procurement to benefit from an Open Ecosystem Network of suppliers and partners
  • A glimpse of virtual procurement room to enable external Suppliers, Business Stakeholders and Customer Operations to utilize real time Digital Data
Increasing your Company’s Bottom Line Through Successful Supplier Partnerships

SPEAKERS

David Zamudio
Sourcing Director Americas, Essity

Details

Increasing your Company’s Bottom Line Through Successful Supplier Partnerships

All too often companies implement supplier partnerships with no long-term perspective to how the partnerships affect the bottom line. Are we unleashing the full potential of our strategic vendors? How do we measure success? Do we know how to engage partners  above and beyond a contract or purchase order? And most importantly, how do we know if the resources we invest in our partnerships really have a payout.

It’s crucial to understand common flaws and omissions in supplier partnership programs as you plan and execute your own. A good supplier partnership program should give you access to technology, tools, information, ideas and hard savings faster and in a systematic way. More importantly, you and your operations will get access to expertise, industry knowledge and valuable R&D developments.

Key takeaways:

  • Understanding value of supplier partnership from a buyer and vendor perspective
  • Awareness of the need of a strategic partnership with key vendors
  • Understanding how to choose a partner
  • Awareness of aligning expectations from internal stakeholders during the supplier partnership program preparation and execution
  • Ability to impact the company’s bottom line by establishing the right KPIs