ProcureCon 2008 Topic Focus
Procurement & Finance Spend Management:
- To release capital
- Work collaboratively with finance and distribution partners including:
- Centralized procure-to-pay
- Terms management
- TCO (total cost of ownership)
Talent & Knowledge Management:
- Recruiting and retaining talent in the global and domestic supply chain
- Collaborating with universities to match real-life skill-set needs
- Capturing the knowledge of your aging workforce
SRM – Generating True Supplier Value through:
- Value engineering & NPD – concurrent engineering with key suppliers
- Dual accountability between buyer and supplier
- Supplier number reduction
- IP protection and supply risk mitigation
Short and long-term effect of recession:
- Actions companies are undertaking to curb the downturn consequences
- Counter inflation techniques
Emerging Market Developments & Globalization:
- Global Supplier ID and quality assurance
- Talent management in emerging markets
- Current and future emerging market developments (Pacific Rim, Eastern Europe, Africa, Mexico)
- Supply sustainability & contingency planning
- Serving local markets locally/Distribution and logistics planning
Advanced automation and outsourcing:
- BPO within the procurement function
- Moving from a P2P to source-to-pay (S2P) model
- M&A: capturing the value of the deal
- Developments in the outsourcing market
The ‘last frontier’ in Indirect Procurement:
- Bringing professional services spend under management (e.g. banking, legal, auditing, marketing, etc.)
- Indirect organizational structure alternatives
- Indirect value engineering
- Creating indirect categories
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