ProcureCon Indirect East 2016 (past event)
February 22 - 24, 2016
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Practitioners-Only Day—The Rise of Procurement 3.0
07:30 - 08:15 Registration and Breakfast
08:15 - 08:25 Welcome and Opening Remarks
Michael Shaw
Founder & Board MemberAmerican Council of Sourcing and Procurement Executives (ACSPE)
08:25 - 09:05 Panel Discussion: Leading with a P L Perspective in Lieu of a Category Perspective To Drive Top-Line Growth
Michael Shaw
Founder & Board MemberAmerican Council of Sourcing and Procurement Executives (ACSPE)
09:05 - 09:25 Case Study: Lowe’s Procurement Transformation
Richard Buckler
Director - Sourcing & Procurement SolutionsLowes
09:25 - 09:30 Improving Business Functions
Group 5
Working Group 1
09:30 - 10:40 Elevating Procurement Maturity- Organizational design: what does a robust indirect procurement program actually look like?
- Is procurement reporting to the right department? Where should it report?
- Determine your bandwidth and capabilities based on your available resources
- Developing measurement and metrics for success
- Are you managing the right categories and implementing the right processes?
- Renegotiating supplier agreements
- Examples of procurement evolution
- Do you need to add or retrain staff?
- Strategies for gaining additional visibility
Working Group 2
09:30 - 10:40 Big Data and Business Analytics - What Does it Mean for ProcurementMany people are grabbing onto the terminology of “big data.” What does that really mean? This interactive session will get you thinking about making data-driven procurement decisions to better analyze your spend and save money.
- What really is “big data” in a Procurement context (that enables sourcing managers to make better decisions)?
- Utilizing a Spend Analytics tool to analyze your spend and to direct your resources to the areas of highest spend (with the theory that you save more money where it is spent).
- Predictive Analytics — where else should we be using business analytics to make better sourcing decisions?
- Anticipating and seeking data to optimize, simulate and/or create decision models to look over the horizon and to create business solutions that are truly a competitive advantage
Katrina Holloway
Sr. ManagerThe Home Depot
Working Group 3
09:30 - 10:40 Breaking Down Your Organization To Build and Staff Your TeamOne of the toughest tasks for any procurement executive is to determine the right organizational structure of the procurement team. During this working group, discuss with your peers:
- The benefits and drawbacks of centralized and decentralized teams
- How many dollars one person should manage
- The data needed to benchmark staff
- How to best organize your team based on your company’s specific needs
- Managing the talent pipeline to ensure your team members complement, not compete, with each other
- Ensuring they have the training and mentors needed to become an influential asset to the team
Working Group 4
09:30 - 10:40 Finding a Common Ground Between Hard and Soft Savings RequirementsSolving the disconnect between finance, who only wants to see bottom-line savings improvement, and sourcing, who believes that any costs taken out of a contract should be considered savings, is a perennial headache for procurement practitioners. In this working group, you’ll put your heads together and develop strategies for potentially solving this conflict.
- Why doesn’t a standard definition for savings exist across departments and organizations? Should there be one?
- Reinvestable vs harvestable savings- should you only take on projects that will be recognized?
- Changing incentive structures so procurement has reason to tackle soft savings
- Methodologies for tracking savings
- Getting procurement, finance, and the stakeholders in alignment- can it be done? Should it?
Working Group 5
09:30 - 10:40 Mastering the Art of Influence and Negotiation• Performing an emotional intelligence review to determine strengths and weaknesses
• Best practices for getting through to suppliers and customers
• Determining the outcome you need, and where you’ll be willing to compromise before negotiation begins
David H. Carminucci
Procurement Manager US HeadquartersSwedish Match North America
Working Group 6
09:30 - 10:40 Using Effective Contract Management Processes To Deliver Value and Mitigate Risk• Segmenting contract portfolios
• Delivery value for money throughout the contractual relationship
• Demonstrating year over year continuous improvement within the contract
• Understanding the value of contract management as a lever in spend management
• Using non-disclosure agreements as a risk mitigation tool with key suppliers
• Examining how to manage complex contracts and cross-organizational demands
• Measuring the importance of process vs technology vs people in effective contract management
Richard Crane
SVP Commodity Management at Royal Philips and Head of ProcurementPhilips North America
10:40 - 10:50 Networking Break
10:50 - 10:55 Mastering Complex Categories
Group 8
Working Group 1
10:55 - 12:05 Marketing• Taking marketing procurement to the next level - what does marketing procurement 3.0 look like?
• How changes in the marketing environment are impacting marketing and marketing procurement KPIs
• How do you know you’re really contributing to the company goals through marketing procurement?
• With more agency consolidation and globalization, how will this impact the function?
• Integrated marketing – how can you work with agencies and suppliers in a more structured and organized way?
• The impact of big data on the procurement function
Sebastian Alvarez
Marketing Category DirectorTD Ameritrade
Working Group 2
10:55 - 12:05 HR & Benefits• Working with HR and Benefits managers and vendors to ensure contracts contain costs without sacrificing quality
• The sometimes controversial ways companies are solving these issues
• How procurement is working with HR to find additional savings in areas such as recruitment and supplier negotiation
Working Group 3
10:55 - 12:05 Professional Services• Getting users to follow procurement’s processes
• How to penetrate spend in the legal department and work with them on contract development and negotiation
• Extracting savings through alternative pricing structures, eliminating redundant fees, and contract consolidation
• Creating a template for consultant engagement
• Benchmarking freelance and boutique consulting houses
Collin Bailey
Senior Director, Strategic Procurement & IT Contracts & Purchasing ComplianCVS Health
Working Group 4
10:55 - 12:05 Information Technology• Developing relationships with the IT Stakeholders and getting the CIO’s buy-in
• Understanding future needs- not just current ones
• How product lifecycle and upgrade cycles impact the cost and buying process
• Exploiting your sourcing knowledge to show how it dovetails with their category expertise
• How the emergence of cloud and SaaS platforms impacts sourcing strategy
• The interplay of IT with other indirect categories- who owns the project?
Working Group 5
10:55 - 12:05 Travel & Meetings Management• Benchmarking your travel and meetings programs; have you really extracted all the savings?
• Structuring relationships and negotiating fees
• Innovations in meetings management
• The impact of airline consolidation and plunging oil prices on negotiations with your program provider
Working Group 6
10:55 - 12:05 Contingent Labor and Workforce Management• Co-employment and compliance issues, who’s responsible for violations?
• Benchmarking labor costs against current market trends, not last year’s budget
• Sourcing talent
• How large a role should MSPs play in your contingent labor workforce?
• Rolling out contingent labor programs globally
• Developing playbooks to manage contract labor outside of the United States
• If there’s a mandate to reduce employees, does staff augmentation really save money?
12:05 - 13:05 Procurement Practitioners Networking Lunch
13:05 - 14:20 Working Group Report Backs
14:20 - 14:50 Industry Vertical Breakout Discussions
Table 1: Industrial and Manufacturing
Table 2: Financial Services
Table 3: Public, Non-Profit, University
Table 4: Consumer Businesses
Table 5: Technology & Telecommunications
Table 6: Media & Entertainment
Table 7: Business and Professional Services
Table 8: Energy & Resources
Table 9: Healthcare & Life Sciences
14:50 - 15:10 Supplier Risk Management
15:10 - 15:40 Networking Break and Opening of The Solutions Zone
Track A: Category and Stakeholder Management
15:40 - 16:00 Presentation: How To Build A Successful Strategic Sourcing Organization From The Ground Up• Creating a value statement for the CEO/CFO –selling the solution
• Gaining organizational acceptance--breaking down the maverick behavior
• Building the team—hiring true sourcing professionals
• Training the organization of the philosophy of strategic sourcing and sourcing levers
• Building and defining a global team—cultural challenges
• Defining savings methodology and gaining organizational acceptance—The score of the game
• Purchasing tools and technology—where to start
• Data analysis and gathering
• Getting the message out to the organization
• Tracking success and publishing results
Track B: Supplier Management and Contracting
15:40 - 16:00 Presentation: Reducing Compliance CostsTrack C: Procurement Operations
15:40 - 16:00 Presentation: Change Management in ProcurementTrack A: Category and Stakeholder Management
16:00 - 16:40 Panel: Strengthening Procurement Programs in a Superconnected WorldKen Hartman Global Procurement Manager GCP Applied Technologies
Joy Gallo Global Director of Procurement Ashland Performance Materials
Randolph Rowe Indirect Sourcing Leader GE Power & Water
Moderator:
Debbie Wallbank Head of Business Development Chartered Institute of Procurement and Supply
• How do you get started in developing a global strategy across your divisions?
• Determining the optimal organizational structure for your global team
• How can you best communicate best practices between countries and implement them across the enterprise?
• What categories are ripe candidates for global sourcing?
• Driving contracts globally to extract savings and create value
Track B: Supplier Management and Contracting
16:00 - 16:40 Panel: What’s New in Supplier Scorecarding and Benchmarking?Elisabeth Schlag Lawrence Director, Global Indirect Procurement Godiva
Speakers:
Jamie Crump Strategic Sourcing and Supplier Diversity Director United Rentals
Frank Toce Assistant Vice President Global Procurement Operations MetLife
Tom Nimblett Former Director Enterprise Strategic Sourcing Lowe’s
• Crafting mutually beneficial supplier scorecards so they know exactly how they’re performing against your SOW
• Obtaining the right mix of data to benchmark
• At what point do you determine your suppliers need to be audited—is there a regular schedule or review process?
• What are the best methods to audit your suppliers?
• Is it possible to work with underperforming suppliers to bring them back up?
Elisabeth Schlag Lawrence
Director, Global Indirect ProcurementGodiva
Frank Toce
Assistant Vice President Global Procurement OperationsMetLife
Tom Nimblett
Former Director Enterprise Strategic SourcingLowe’s
Track C: Procurement Operations
16:00 - 16:40 Panel: Improving Procurement Operations• What are the criteria and metrics for Best in Class procurement ops organizations?
• The impact of policy vs. relationship
• Implementing systems—funding, justifying, bandwidth, who’s absorbing it, how to get them to use
• How to make it easier for people in your company to buy stuff—is there a UI that’s user friendly?
• Optimizing your mix of tools- eSourcing, P2P, contract management- and consolidating where necessary
• Should operations be centralized globally or regionally?
• Benchmarking your organization against other organizations- how do you stack up?
Keion Samuel
Senior BuyerRJ Reynolds Tobacco Company
Track A: Category and Stakeholder Management
16:40 - 17:00 Sourcing Accomplished… NOW WHAT? Best Practices To Make Your Savings StickDoug Van Wingerden
Senior Vice President, Procurement TransformationInsight Sourcing Group & SpendHQ
Track B: Supplier Management and Contracting
16:40 - 17:00 Content-Centric Procurement: Why Content Is the Real Backbone of Your Procurement OrganizationSession A
17:00 - 18:00 Roundtable DiscussionsDan Ashton Director, Product Marketing Rimini Street
Sundar Kamakshisundaram Senior Director, Solutions Marketing Ariba
Doug Van Wingerden Senior Vice President, Procurement Transformation Insight Sourcing Group & SpendHQ
Christopher Delaporte Director, Indirect Procurement The Home Depot
Vicki Munson Director, Global Enterprise Services & Indirect Sourcing Allegion plc
Joe Stephens Corporate Supply Chain Director Northrop Grumman Corporation
Charles Killian CapEx Manager Americas Prysmian Group
TABLE 1: Supplier Risk Management
Hosted by: Sundar Kamakshisundaram, Senior Director,
Solutions Marketing, Ariba
TABLE 2: Sourcing Accomplished… NOW WHAT? Best Practices To Make Your Savings Stick
Hosted by: Doug Van Wingerden, Senior Vice President,
Procurement Transformation, Insight Sourcing Group & SpendHQ
TABLE 3: Uncover RealSavings from Ongoing Operations to Support Revenue Growth
Hosted by: Dan Ashton, Director, Product Marketing, Rimini Street
TABLE 4: The Impact of the ACA on Contingent and Contract Employees
Hosted by: Christopher Delaporte, Director, Indirect Procurement, The Home Depot
TABLE 5: Category Focus:CapEx Hosted by: Charles Killian, CapEx Manager Americas, Prysmian Group
TABLE 6: No PO, No Pay
Hosted by: Vicki Munson, Director, Global Enterprise
Services & Indirect Sourcing, Allegion plc
TABLE 7: Reducing Transaction Costs
Hosted by: Joe Stephens, Corporate Supply Chain Director,
Northrop Grumman Corporation
Dan Ashton
Director, Product MarketingRimini Street
Sundar Kamakshisundaram
Senior Director, Solutions MarketingAriba
Doug Van Wingerden
Senior Vice President, Procurement TransformationInsight Sourcing Group & SpendHQ
Charles Killian
CapEx Manager AmericasPrysmian Group
Session B
17:00 - 18:00 Roundtable DiscussionsEric Simonson Managing Partner, Research Everest Group
Doug Gerard Manager of Global Indirect Sourcing SPX Corporation
Caroline Norman Director- Indirect Procurement The Home Depot
David Braxton Senior Vice President, Strategic Sourcing SunTrust Bank
Pierre-François Thaler Co-President EcoVadis
Ajay Anand Senior Director Infosys
Sanish Mondkar Enterprise Software Strategy Advisor Infosys
TABLE 8: Content-Centric Procurement
Hosted by: Ajay Anand, Senior Director, Infosys and Sanish Mondkar, Enterprise Software Strategy Advisor, Infosys
TABLE 9: Benchmarking for Equitable Contracting
Hosted by: Eric Simonson,Managing Partner, Research, Everest Group
TABLE 10: Managing Supplier Exits
Hosted by: Caroline Norman, Director- Indirect Procurement,
The Home Depot
TABLE 11: Supplier Segmentation and Rationalization
Hosted by: David Braxton, Senior Vice President, Strategic Sourcing, SunTrust Bank
TABLE 12: Achieving Savings by Participating in Group Purchasing Organizations and Consortiums
Hosted by: Doug Gerard, Corporate Manager, Global Indirect Sourcing, Global Operations, SPX Corp.
Table 13: How Will Sustainability and CSR Impact the Role of Procurement in the Next 5 years?
Hosted by: Pierre-François Thaler , Co-President, EcoVadis
TABLE 14: Topic TBD
Hosted by: SPONSOR
Pierre-François Thaler
Co-PresidentEcoVadis