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
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