Buyers Meeting Point procurement by Kelly Barner

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Webinar Notes: Learn Why Top CPOs are Guardians of the Bottom Line

Webinar Notes: Learn Why Top CPOs are Guardians of the Bottom Line

This week’s featured event was hosted by Sourcing Interests Group and presented by IBM's Institute for Business Value or IBV. IBM just released the largest, most comprehensive Chief Procurement Officer Study ever conducted, with participation from 1,128 CPOs from organizations with annual revenue in excess of US$1 billion.

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Webinar Notes: Going Deeper and Broader for Borderless Procurement

Webinar Notes: Going Deeper and Broader for Borderless Procurement

This week’s featured webinar was hosted by ISM and presented by Chris Sawchuk, Principal and Global Procurement Advisory Practice Leader at The Hackett Group. In ‘Key Procurement Issues in 2013: Going Deeper and Broader for Borderless Procurement’ we heard the application of Hackett’s ‘Borderless Business’ concept to the world of procurement, focusing on the priorities being set by leading organizations for performance and capability building.

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Webinar Notes: On the Menu: Advanced Sourcing for Restaurant Supply Chains

Webinar Notes: On the Menu: Advanced Sourcing for Restaurant Supply Chains

This week’s featured event was presented by CombineNet and looked inside the operations of regional and national restaurant chains. The event is available on demand, as is an accompanying case study.

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Webinar Notes: Five Steps To Creating A Successful Procurement Strategy

Webinar Notes: Five Steps To Creating A Successful Procurement Strategy

This week’s featured event was hosted by Sourcing Interests Group and presented by Denali Group’s John Evans and Grant Dearborn. Their ‘Five Steps To Creating A Successful Procurement Strategy’ logically started with their working definition of strategy, one that is specific to procurement:

“[Strategy] Defines a plan for optimizing external spend, procurement operations and other value contributions in a manner that supports the overall corporate agenda.”

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Webinar Notes: Doing More with Less in Procurement

Webinar Notes: Doing More with Less in Procurement

This week’s featured webinar was hosted by ISM, sponsored by Hubwoo and presented by Spend Matters. ‘Doing More with Less in Procurement: a punch list of 25 items to improve your productivity’ was based on a snap poll taken to help participants benchmark themselves relative to their peers in this area. As you might expect, prioritization is key, and we will hear more in the ongoing discussion of tactical versus strategic efforts and how to keep the machine cranking efficiently.

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Webinar Notes: Two Perspectives on Procurement Transformation

Webinar Notes: Two Perspectives on Procurement Transformation

Each week I attend two or three webinars. Usually, I pick the most interesting event to share in this Friday webinar notes post. This week, there were two events on procurement transformation: one from Procurement Leaders/CombineNet/Kellogg and another from Sourcing Interests Group/Zycus/Capgemini. Both were good events in their own right, but combining what I heard in the two events provides a rich look at one of the hottest trends in procurement today.

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Webinar Notes: The Launch of the Supply Chain Index

Webinar Notes: The Launch of the Supply Chain Index

This week’s featured event was presented by Supply Chain Insights and marks the official launch of the Supply Chain Index. Here is a brief excerpt from their event description:

 

‘The [Supply Chain] Index is based upon financial performance of companies from 2006 forward. Using market valuations of publically traded companies, we have built a formulaic representation of supply chain excellence using supply chain ratios (E.g. Ratios like Days of Inventory, Operating Margin, Revenue/Employee). … The Supply Chain Index allows companies to better understand the relationship between supply chain ratios and financial performance.”

 

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Webinar Notes: From Good to Great....Global Sourcing Governance

Webinar Notes: From Good to Great....Global Sourcing Governance

This week’s featured webinar was hosted by Sourcing Interests Group and presented by Neo Group, a services firm focused on gaining efficiencies through low-cost country providers and outsourcing in general. The focus of the event was global sourcing governance, and how, when leveraged appropriately, it can help companies go ‘from good to great’.

 

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Webinar Notes: The State of Direct Materials Sourcing

Webinar Notes: The State of Direct Materials Sourcing

This week’s featured webinar was presented by Directworks, the new name for Co-eXprise, on the state of direct materials sourcing. If you have questions about the rebrand or the reasons behind it, you can read the press release here.

 

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Webinar Notes: Beyond the Merchandise – Victories in Retail Indirect Procurement

Webinar Notes: Beyond the Merchandise – Victories in Retail Indirect Procurement

This week’s featured event was presented by CombineNet and took us ‘Beyond the Merchandise’ for a look at ‘Victories in Retail Indirect Procurement’. Click here to view the event on demand.

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Webinar Notes: Calculating and Driving Sourcing Savings to the Bottom Line

Webinar Notes: Calculating and Driving Sourcing Savings to the Bottom Line

In this week’s featured event we heard from the Sourcing Interests Group Thought Leaders Council. They offered their definitions of savings as well as best practices. If you are interested in more about the members of the Council, read the SIG page about them in the Resource Center.

The Thought Leaders Council advises SIG on the build-out of the SIG Resource Center, makes regular contributions, serves as subject matter experts, and conducts working groups. The Council is representative of the SIG Membership, in that the majority of members are sourcing executives from the Buy-side. The Working Groups take suggestions from the SIG community and build guidelines for sourcing initiatives and categories.

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Webinar Notes: The New Rules of Supply Management

Webinar Notes: The New Rules of Supply Management

The week’s featured events is ‘The New Rules of Supply Management’ hosted by ISM and presented by Ardent Partners and Ariba, with a client case study from SunTrust Bank woven in.

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Webinar Notes: When Procurement Met Finance - How to Achieve the Hollywood Ending

Webinar Notes: When Procurement Met Finance - How to Achieve the Hollywood Ending

This week’s featured webinar was hosted by Hubwoo and featured Jason Busch of Spend Matters. ‘When Procurement Met Finance - How to Achieve the Hollywood Ending’ evoked the long bumpy road for Harry and Sally (played by Billy Crystal and Meg Ryan) in the 1989 romantic comedy. The connections between the movie and the challenges of the procurement/finance relationship may not obvious, but Jason did a great job keeping the theme going.

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Webinar Notes: Bridging the Strategic Sourcing and Savings Implementation Gap

Webinar Notes: Bridging the Strategic Sourcing and Savings Implementation Gap

This week’s featured event (hosted by ISM and sponsored by Zycus) was primarily presented by Spend Matters’ Jason Busch. The webinar was recorded and will be available on ISM’s webinars page.

 

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Webinar Notes: From Tactical to Strategic: Retooling for Better Category Management

Webinar Notes: From Tactical to Strategic: Retooling for Better Category Management

This week’s featured webinar was presented by Denali Group and Sourcing Interests Group. Two members of the Denali Group team discussed four challenges procurement organizations face as they attempt to move away from tactical work and retool themselves for strategic category management:

  • Strategic partnership
  • Resource limitations
  • Organizational expectations
  • Skills gaps
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Webinar Notes: Using The Category Sourcing Scorecard To Build A Smarter, Faster Sourcing Pipeline

Webinar Notes: Using The Category Sourcing Scorecard To Build A Smarter, Faster Sourcing Pipeline

In this week’s featured webinar, we heard from Ardent Partners Chief Research Officer Andrew Bartolini in an event presented by BravoSolution. Andrew shared a Category Sourcing Scorecard he and his team designed to support sourcing team efforts to build out pipelines that can help allocate team resources and prepare for opportunities.

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Webinar Notes: Aligning Procurement Initiatives to Company Culture

Webinar Notes: Aligning Procurement Initiatives to Company Culture

This week’s featured event was hosted by the Next Level Purchasing Association and was presented by Tim Reis, a procurement manager with 10 years of experience, a regular columnist for Next Level Purchasing’s online magazine and a holder of the SPSM certification. Most importantly, he is an active practitioner.

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Webinar Notes: Excellence in Purchasing Indirect Categories

Webinar Notes: Excellence in Purchasing Indirect Categories

This week’s featured webinar had an interesting premise – for the first time this year, My Purchasing Center and ProcureCon Indirect have partnered to sponsor the Excellence in Purchasing Indirect Categories (EPIC) Awards competition – EPIC for short. This week’s webinar recognized the finalists for their achievements in indirect spend procurement by having them present.

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Webinar Notes: Are Your Priorities, People, and Technology In Line With Your 2013 Procurement Goals?

Webinar Notes: Are Your Priorities, People, and Technology In Line With Your 2013 Procurement Goals?

This week Sourcing Interests Group kicked off their 2013 webinar schedule with a high-level perspective look at procurement goal setting and achievement. The main speaker was Lynne McDonnell, Vice President at A.T. Kearney Procurement and Analytics. The information she shared was based on ATK’s 2011 Procurement Excellence study, which is conducted every three years to track the trends employed by leading professionals and organizations.

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Webinar Notes: Bricks Matter – Meet the Supply Chain Pioneers

Webinar Notes: Bricks Matter – Meet the Supply Chain Pioneers

In this week's sole event, we started the year with a look back at the last thirty years of supply chain management. It was a panel-format webinar hosted by Supply Chain Insights and moderated by Kelly Keller, Vice President of Marketing from Supply Chain Brain. If you are interested in more on this event, visit the Supply Chain Insights site.

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