How much pressure would your company have to be under to give up on the idea of being a customer of choice? Would you expect your suppliers to respond? In last week’s episode of Dial P, Philip Ideson and I talked through a recent true story of a retailer – Target – who pushed so hard on their suppliers that they pushed back IN PRINT. Click here to listen.
If you are planning your virtual procurement event schedule beyond this week, I recommend ‘Tackling Inflation: A guide for buyers and suppliers’ from World Commerce & Contracting on September 6th at 10am ET.
And now for this week’s recommendations…
DYNAMIC MARKET SOURCING: A WIN-WIN STRATEGY FOR SOURCING LEADERS & SUPPLIERS (Procurement Leaders, CJ Logistics, & Keelvar)
August 31st 10am ET
The description for this event makes a very interesting point. Given today’s complexity, shouldn’t we be running more events that commit our demand for a shorter period of time. Yes, it is more work, but with the right automation, the ROI should be there to justify the effort. This event will feature Basil Weaver, Director of Supply Chain Solutions & Analytics at CJ Logistics America, talking about his digital transformation journey.
The Big Debate - Negotiations: Greater speed means greater risk (World Commerce & Contracting)
August 31st 10am ET
This event has a very creative format. Two teams of debaters, two perspectives. Who will win – the Responsible Team (Girija Raj, Associate General Counsel, Asia Pacific Region at CAE, and Felix Miller, VP Deal Expert, Deutsche Bank) or the Rose-Tinted Glasses team (Hal Bretan, Former Chief Counsel, World Commerce & Contracting, and Cemil Çetinbas, Sales Contracts Manager, Softtech)? Join them live to find out!
The Top 10 CPO Metrics Used to Battle Inflation, Risk, and Uncertainty (Ardent Partners and Ivalua)
September 1st 10am ET
Over the last couple of years there has been a lot of talk about data quality for the sake of analytics, but we haven’t necessarily revisited the analytics themselves. What metrics should procurement be using, in general and in response to today’s difficult business conditions?