ProcureCon Indirect East 2015 (past event)
February 11 - 13, 2015
Omni Orlando Resort, ChampionsGate, FL
Contact Us: 1.888.482.6012
Day 2: Accelerating The Journey To Competitive Advantage
07:30 - 07:45 Women In Procurement Breakfast (Pre-Registration Required)
07:45 - 08:45 Registration and Breakfast
08:45 - 08:50 Welcome Remarks
08:50 - 09:00 Chairperson’s Opening Remarks
09:00 - 09:30 Keynote Presentation: Incorporating Interwoven Trends In Business, Economics, And Government To Produce Unexpected Innovation
General Session
09:30 - 09:50 Why Achieving Cost Savings Can No Longer Be About Cutting RatesCPO Network (limited to 30 CPOs and Global Heads of Indirect from 1B revenue cos.)
09:30 - 09:50 Session 1: Becoming A Better CPO- How can the CPO change the image of procurement? What nuances or new dimensions can the CPO introduce?
- Getting past the “procurement” stigma—how to become the next CEO or CFO
- Does procurement’s reporting structure need to change?
- Getting (or maintaining) the executive support you need to succeed
- The CPO as strategist- using data and market intelligence to drive greater efficiency
- Identifying and communicating the ROI that procurement is delivering to the business
- Could communication with stakeholders be improved?
- Where are you locating additional sources of innovation?
General Session
09:50 - 10:30 Panel Discussion: Innovation In Supplier Relationship Management: How Key Suppliers Drive Your Company’s Competitive AdvantageJamie Crump Strategic Sourcing and Supplier Diversity Director United Rentals
Guru Mohan Director of Global Procurement Mentor Graphics
Mark Bryant Director of International Business Development BROWZ
Moderator:
Arash Azadegan Assistant Professor, Supply Chain Management and Marketing Science Rutgers Business School
- Pursuing most favored-status with critical suppliers capable of building competitive advantage
- Increasing suppliers’ margins
- Giving your critical suppliers a seat at the table
- Creating and extracting extra value from suppliers- How to really do it
- Employing proper performance management and evaluation strategies
- Creating a shared services function to leverage spend and ensure only one person or team is negotiating with your suppliers
Arash Azadegan
Assistant Professor, Supply Chain Management and Marketing ScienceRutgers Business School
CPO Network (limited to 30 CPOs and Global Heads of Indirect from 1B revenue cos.)
09:50 - 10:30 Continuation of Session 1: Becoming A Better CPO- How can the CPO change the image of procurement? What nuances or new dimensions can the CPO introduce?
- Getting past the “procurement” stigma—how to become the next CEO or CFO
- Does procurement’s reporting structure need to change?
- Getting (or maintaining) the executive support you need to succeed
- The CPO as strategist- using data and market intelligence to drive greater efficiency
- Identifying and communicating the ROI that procurement is delivering to the business
- Could communication with stakeholders be improved?
- Where are you locating additional sources of innovation?
10:30 - 11:10 Networking Break
General Session
11:10 - 11:30 Procurement Excellence in the Networked EconomySundar Kamakshisundaram
Senior Director, Solutions MarketingAriba
CPO Network (limited to 30 CPOs and Global Heads of Indirect from 1B revenue cos.)
11:10 - 11:30 Session 2: Mitigating Supply Disruption By Implementing A Comprehensive Risk Management ProgramMaking sure your goods and services reach your customers in a timely manner is paramount to your organization’s viability. But what happens if there’s a disruption? Is your supply chain equipped to identify disruptions and adapt quickly to minimize the impact? During this discussion, you will identify risks that could impact your supply chain; understand the criticality of having a risk management program in place; and design a comprehensive program to mitigate future supply risks.
- How to measure, monitor and mitigate risks through a comprehensive risk management process
- Building a matrix to categorize the types and probability of risks and their potential impact: natural disaster, geopolitical, export/import trade, regulatory, and more
- Risk is often mitigated with some combination of excess inventory, time, or resources. Which is the most important and how do your suppliers optimize this buffer?
- At what point do you alert the CFO if there are problems?
General Session
11:30 - 12:00 Presentation: Integrating Game Theory into Strategic Sourcing Decision Making to Gain ValueCPO Network (limited to 30 CPOs and Global Heads of Indirect from 1B revenue cos.)
11:30 - 12:00 Continuation Of Session 2: Mitigating Supply Disruption By Implementing A Comprehensive Risk Management ProgramMaking sure your goods and services reach your customers in a timely manner is paramount to your organization’s viability. But what happens if there’s a disruption? Is your supply chain equipped to identify disruptions and adapt quickly to minimize the impact? During this discussion, you will identify risks that could impact your supply chain; understand the criticality of having a risk management program in place; and design a comprehensive program to mitigate future supply risks.
How to measure, monitor and mitigate risks through a comprehensive risk management process
Building a matrix to categorize the types and probability of risks and their potential impact: natural disaster, geopolitical, export/import trade, regulatory, and more
Risk is often mitigated with some combination of excess inventory, time, or resources. Which is the most important and how do your suppliers optimize this buffer?
At what point do you alert the CFO if there are problems?
General Session
12:00 - 12:20 Case Study: How Procurement Can Help Save 1,000 Lives A DayCPO Network (limited to 30 CPOs and Global Heads of Indirect from 1B revenue cos.)
12:00 - 12:20 Continuation Of Session 2: Mitigating Supply Disruption By Implementing A Comprehensive Risk Management ProgramMaking sure your goods and services reach your customers in a timely manner is paramount to your organization’s viability. But what happens if there’s a disruption? Is your supply chain equipped to identify disruptions and adapt quickly to minimize the impact? During this discussion, you will identify risks that could impact your supply chain; understand the criticality of having a risk management program in place; and design a comprehensive program to mitigate future supply risks.
How to measure, monitor and mitigate risks through a comprehensive risk management process
Building a matrix to categorize the types and probability of risks and their potential impact: natural disaster, geopolitical, export/import trade, regulatory, and more
Risk is often mitigated with some combination of excess inventory, time, or resources. Which is the most important and how do your suppliers optimize this buffer?
At what point do you alert the CFO if there are problems?
12:20 - 13:40 By ProcureCon and My Purchasing Center
It's time to recognize & honor exceptional achievements in corporate procurement! There are many award programs out there, but none that focus on the drastic transformations achieved by you and your peers within indirect procurement organizations and that is why the EPIC Awards were created!
The 2015 EPIC Awards Categories:
- Individual: The Individual Award gives recognition to your efforts in achieving outstanding corporate/indirect sourcing and procurement results. (Please note: Individuals may be self nominated)
- Rising Star: The Rising Star Award gives recognition to a younger, talented individual on your team, striving for outstanding corporate/indirect sourcing and procurement results. (Please note: Individuals must be nominated by their manager or another team member to be considered for the award)
- Team: The Team Award was created to give recognition to your team efforts in achieving outstanding corporate/indirect sourcing and procurement results. (Please note: Teams can be self nominated)
- Supplier: The Supplier Award gives you the opportunity to recognize the role and importance of your Top Supplier Partner in achieving outstanding sourcing results. (Please note: Suppliers must be nominated by a practitioner client to be considered for the award)
- Innovator of the Year: The Innovator of the Year award will give recognition to an individual who has seen success from thinking outside of the box. The Innovator of the Year finalists will be chosen by a panel of judges and the winner will be chosen by the public. (Please note: Individuals can be self nominated)
- Career (NEW for 2015): Highlighting procurement excellence and innovation over the course of a practitioner's entire career
Susan Avery
Chief EditorMy Purchasing Center
Track A: Executing Procurement Fundamentals
13:40 - 14:00 Case Study: Optimizing Your SOW ProgramTrack B: Optimizing Procurement Transformation
13:40 - 14:00 Why You Should Run Your Procurement Organization Like a Consulting Firm- Common challenges faced by both procurement executives and consulting executives
- Why high performing procurement professionals and consulting professionals share similar skill profiles and career paths
- How procurement’s influence can be advanced by leveraging account planning techniques common in the services industry
- How procurement resources should be managed to drive maximum ROI to the business
CPO Network (limited to 30 CPOs and Global Heads of Indirect from 1B revenue cos.)
13:40 - 14:00 Session 3: Extracting Information From Multiple Sources And Using Procurement Analytics To Convert Data Into IntelligenceEveryone is looking at ways to make their spend management processes even more efficient. However, as companies amassed large amounts of data over the years, the challenges associated with categorizing data and making it meaningful have also grown. What type of framework do you need to create to overcome your data problem? Are there any tools that can talk to your current systems? Are there cultural or political hurdles you must first overcome? Can your data even be trusted? Do the codes align to real business functions? How much human analysis do you need to allocate to clean your data? Talk through the headaches you are facing to master your data.
Track A: Executing Procurement Fundamentals
14:00 - 14:40 Panel Discussion: Constructing A Framework To Build Procurement Influence With Internal StakeholdersAs procurement works to have more spend under management, convincing business units to give up control is one of today’s biggest headaches, especially in non-mandated environments. So, how can you sell procurement and create a campaign to build credibility and showcase the value you can add to their unit? Where do you begin to build and foster relationships with internal stakeholders? What types of collaborative efforts can you implement to work with them instead of against them? What are the best approaches to take against reluctant stakeholders? How do you reinforce the importance of “playing your position”?
Bill Mangen
VP, Strategic Sourcing & ProcurementCox Communications
Rick Wertsching
Vice President of Sourcing and Procurement, Theme Parks & ResortsThe Walt Disney Company
Hal Good
PresidentProcurement Pros Group, LLC
Track B: Optimizing Procurement Transformation
14:00 - 14:40 Panel Discussion: Maximizing Stakeholder Engagement To Drive Collaboration And SavingsWhen you’re responsible for setting strategy, sourcing suppliers, and realizing savings but don’t own the scope or the budget, how can you contribute to bring value to your internal customers?
- Improving connections with stakeholders to locate untapped sources of value
- Changing processes to better align with your customers’ business model
- Working with stakeholders to managing savings to budget- should the savings be shared with the business unit?
- Encouraging contract compliance
- How procurement can become a trusted advisor
Arash Azadegan
Assistant Professor, Supply Chain Management and Marketing ScienceRutgers Business School
Elisabeth Schlag Lawrence
Global Indirect Sourcing ExecutiveConsumer Products/ Retail Industry
Track C: Indirect Categories for Manufacturing
14:00 - 14:40 Panel Discussion: Best Practices and New Strategies For Tackling Inefficiencies in MRO SpendThe MRO category still remains one of the most fractured, especially in decentralized, non-mandated corporations. This panel will focus on:
- Leveraging data and increasing purchasing power among your facilities to realize savings and create efficiencies
- Breaking the integrated model so each component can be sourced independently
- Are there any tools that can help extract hidden savings that wouldn’t be seen otherwise?
- Can mandating suppliers in the MRO space yield cost reductions?
- Bringing energy savings down to the kilowatt
14:40 - 15:15 Networking Break
15:15 - 16:20 Interactive Roundtables (2 rotations)
Doug VanWingerden Senior Vice President Insight Sourcing Group
Louis Williams Senior Manager – Strategic Sourcing United Rentals, Inc.
Alan Veeck Vice President, Sourcing Services Denali Group
Richard Waugh VP Corporate Development Zycus Inc.
Ian O’Brien Vice President, Supply Chain American Cancer Society, Inc
Ron Hetrick Director of Market Analysis Allegis Global Solutions
John Thornton Director of Human Capital Solutions Allegis Global Solutions
Lorraine McClure Contracts Manager - Professional Services Fannie Mae
Matthew Schaenzer Commodity Manager Intel Corporation
Sundar Kamakshisundaram Senior Director, Solutions Marketing Ariba
Hosted by: John Thornton, Director of Human Capital Solutions, Allegis Global Solutions
Ron Hetrick, Director of Market Analysis, Allegis Global Solutions
TABLE 2: In-Depth: Procurement Excellence in the Networked Economy
Hosted by: Sundar Kamakshisundaram, Senior Director, Solutions Marketing, Ariba
TABLE 3: In Depth: Optimizing Your SOW Program
Hosted by: Lorraine McClure, Manager, Contracts and Supplier Management, Fannie Mae
TABLE 4: In-Depth: Why You Should Run Your Procurement Organization Like a Consulting Firm
Hosted by: Doug VanWingerden, Senior Vice President, Insight Sourcing Group
TABLE 5: In-Depth: Connecting Silos Across The Enterprise
Hosted by: Matthew Schaenzer, Commodity Manager, Intel Corporation
TABLE 6: How Procurement Can Help Save 1,000 Lives A Day
Hosted by: Ian O’Brien, Vice President of Supply Chain, American Cancer Society
TABLE 7: Embracing a Category Management Mindset: How to Think Like a Strategic Category Manager
Hosted by: Alan Veeck, Denali Group
TABLE 8: “Stickier” Source-to-Pay: User Adoption Best Practices
Hosted by: Richard Waugh, VP Corporate Development, Zycus Inc.
TABLE 9:
Hosted by:
TABLE 10: Collaborating With Your Internal Clients: How To Treat Your Clients As Customers
Hosted by: Louis Williams, Senior Manager – Strategic Sourcing, United Rentals, Inc.
Louis Williams
Senior Manager – Strategic SourcingUnited Rentals, Inc.
Alan Veeck
Vice President, Sourcing ServicesDenali Group
Matthew Schaenzer
Commodity ManagerIntel Corporation
Sundar Kamakshisundaram
Senior Director, Solutions MarketingAriba
15:15 - 16:20 Session 4: Free Flow
For the next hour, enjoy a glass of wine recommended by one of the Wigwam’s renowned sommeliers. This is your opportunity to chat with your peers on anything else that might be top of mind right now, because we know that your business is never static.
Track A: Executing Procurement Fundamentals
16:20 - 17:00 Panel Discussion: Strengthening Supplier Diversity ProgramsOver the past few years, discussions surrounding supplier diversity have become quieter. Is it because supplier diversity mandates no longer exist? That companies have all achieved excellence in supplier diversity? Has supplier consolidation impacted supplier diversity? This panel will discuss how to maintain a strong supplier diversity program, best practices for sourcing diverse suppliers in 2015, and how to evolve your supplier diversity initiatives.
Hal Good
PresidentProcurement Pros Group, LLC
Track B: Optimizing Procurement Transformation
16:20 - 17:00 Panel Discussion: Exit Strategies: Unwinding Supplier RelationshipsWhen supplier relationships sour, or need to be ended for political, regulatory, or other purposes, sourcing takes on a very different role. Often this part of the sourcing process is overlooked – and procurement leaders often underestimate how expensive it can be. This panel will discuss:
- Ensuring your benchmarks and scorecards are set up measure exactly what you need to be measured
- Assessing your capability for pulling back or ending agreements?
- The impact of the termination on the supplier—Does it matter?
- Dealing with exit penalties
- How to end the relationship gracefully with minimal business disruption
David Elford
Senior Director of Global ProcurementOffice Depot
Track C: Indirect Category Management for Manufacturing
16:20 - 17:00 Panel Discussion: Energy And Utility Sourcing And ManagementReducing energy and utility costs is easier said than done, especially when you’re managing a network of plants, factories and warehouses that consume a large quantity of energy. This session will break down the facets of energy spend and sourcing (bill pay, rebates and taxes, sourcing, energy management systems), and discuss strategies for driving efficiencies within the energy category. What regulations do you need to be aware of, and is self-generation even a consideration?
CPO Network (limited to 30 CPOs and Global Heads of Indirect from 1B revenue cos.)
16:20 - 17:00 Session 5: Making The Next CPO: Constructing A Professional Development Program To Attract, Motivate And Retain Junior TalentHow does a company nurture future leadership and establish a CPO? An ideal professional development program should be designed not just to motivate your team, but also to retain them to eventually move into leadership roles. Junior level positions are only now held for an average of 2.5 years and automation and technology have altered the skillsets needed for junior talent, making the costs of training and retaining future leaders even more valuable. How can you motivate, challenge and inspire young talent and nourish them to deliver breakthrough performance?
- What does the supply chain profession look like for young talent coming out of the best schools?
- What does an ideal procurement or supply chain internship program look like?
- Should we even change our interviewing skills?
- Talent recruitment is now global: What unique talent recruitment challenges exist?
- Motivation strategies for navigating an often slow moving corporate culture
- KPI and performance measurement
- How to identify potential high performers and groom them
Elisabeth Schlag Lawrence
Global Indirect Sourcing ExecutiveConsumer Products/ Retail Industry
Track A: Executing Procurement Fundamentals
17:00 - 17:30 Presentation: Managing The Post-Savings Hangover: Approaches To Reinventing ProcurementTrack B: Optimizing Procurement Transformation
17:00 - 17:30 Presentation: Sourcing And Procurement’s Role In M&AA key benefit touted in the media following a merger announcement is the savings that will be realized. What role should the CPO play in taking control of the savings? How has sourcing’s role evolved in M&A over the years, and how will it work in the future? What happens post-merger: can the same sourcing strategies be effective in other parts of the organization? How do you determine whose processes, policies and contract to keep? What about talent? How do you wind down contracts in an acquisition or divestiture?
Track C
17:00 - 17:30 Presentation: Connecting Silos Across The EnterpriseIn a center-led or decentralized organizations with many independent operating businesses, how does the procurement department establish processes, sell its value, and connect those units to establish a cohesive way to manage suppliers and realize savings? Discuss the successes, challenges and results of connecting your vast organization.
Mukul Kelkar
Procurement Strategist and TechnologistIntel Corporation
CPO Network (limited to 30 CPOs and Global Heads of Indirect from 1B revenue cos.)
17:00 - 17:30 Continuation Of Session 5: Making The Next CPO: Constructing A Professional Development Program To Attract, Motivate And Retain Junior TalentHow does a company nurture future leadership and establish a CPO? An ideal professional development program should be designed not just to motivate your team, but also to retain them to eventually move into leadership roles. Junior level positions are only now held for an average of 2.5 years and automation and technology have altered the skillsets needed for junior talent, making the costs of training and retaining future leaders even more valuable. How can you motivate, challenge and inspire young talent and nourish them to deliver breakthrough performance?
- What does the supply chain profession look like for young talent coming out of the best schools?
- What does an ideal procurement or supply chain internship program look like?
- Should we even change our interviewing skills?
- Talent recruitment is now global: What unique talent recruitment challenges exist?
- Motivation strategies for navigating an often slow moving corporate culture
- KPI and performance measurement
- How to identify potential high performers and groom them
Elisabeth Schlag Lawrence
Global Indirect Sourcing ExecutiveConsumer Products/ Retail Industry