Nathan Ayres, Vice President Strategic Sourcing at Prudential Financial

Nathan Ayres


Vice President Strategic Sourcing
Prudential Financial

Check out the incredible speaker line-up to see who will be joining Nathan.

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Practitioners-Only Day—The Rise of Procurement 3.0

Monday, October 2nd, 2017


09:30 Elevating Procurement Maturity

If you’re in the middle of your procurement transformation process, but are getting stuck or hitting roadblocks, what can you do to move your maturity level to be in line with your competitors or companies of similar size?
  • 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