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Procurement 2019 and Beyond

Deploying Chat Bots, AI, Blockchain and More
NOVEMBER 08 - 09, 2018 | THE CONFERENCE BOARD | NEW YORK, NY

November 08 - 09, 2018

Challenges You Might be Facing

Digitization of the procurement function is increasingly difficult to predict. On the one hand, we are seeing huge leaps in terms of opportunities, but outside transactional payment options, we are seeing relatively low adoption rates.

About the Seminar

To help guide your organization through the minefield of modernizing the procurement function, we have assembled a selection of expert professionals that will discuss how they plan to lead their organizations into the next 3-5 years.

Some of the key takeaways you can expect will include:

  • The myriad ways procurement can deliver more robust cost savings to their organization, from spend consolidation to operational efficiencies and reduced capital expenditures
  • Strategies and solutions to mitigate risks, such as global trade, natural disasters, and cyber security
  • How to achieve greater supply chain transparency, including analysis beyond tier 1 suppliers
  • Success factors for winning the war on talent through better training and capitalizing on the newest skill sets needed to excel in procurement
  • Case studies in shifting from traditional to agile, building capacity, lowering costs and improving stakeholder satisfaction and success
  • Insights on how to become a high performing procurement operation, and how digitalization, training, leadership, and collaboration together fuel bottom-line growth

We will also provide technological updates and use studies on digital strategies, including:

  • Analytics, Robotic Process Automation (RPA), Chat bots, AI, Machine learning
  • Tech-enabled pay options, spend tools, automation, and data integration
  • Cyber security and ransom ware
  • Blockchain, real-time supply-chain monitoring, IoT, and their role in supply chain transparency and efficiency
  • Negotiation strategies and building more effective supplier relationships

Don’t miss out on this unique opportunity to network with leaders and come away with a solid understanding of how you can negotiate the coming challenges in the procurement profession.

Who Should Attend

Anyone who is seeking to enhance the strategy, operations and measurement of their online community, including:

  • Chief Procurement Officers
  • Chief Operations Officers
  • Chief Technology Officers
  • Chief Human Resources Officers
  • Heads of Procurement

VPs, Directors and Managers of:

  • Procurement
  • Supply Chain
  • Supply Management
  • Supplier Relationship Management
  • Vendor Management
  • Category Management
  • Strategic Sourcing
  • Digital Sourcing
  • Purchasing
  • Strategy
  • Human Resources
  • Training and Development
  • Legal

Earn Recertification Credits

CPE logo

Earn up to 9.5 CPE credits
Production
Requirements: Attendees must sign-in each day for full credit. Delivery Method: Group-Live; Program Level: Intermediate, Prerequisites: Bachelor’s degree or higher, Advanced Preparation: None

SHRM

This program has been pre-approved for 8.25 PDCs for the SHRM-CP or SHRM-SCP. For more information about certification or recertification, please visit www.shrmcertification.org.

HRCI

This program has been approved for 8.25 (BUSINESS) recertification credit hours toward aPHR, PHR, SPHR, PHRca, GPHR, PHRi, and SPHRi recertification through the HR Certification Institute (HRCI). For more information about certification or recertification, please visit the HR Certification Institute website at www.hrci.org.

Three Things to Do Now

1. DOWNLOAD THE AGENDA To learn more about sessions and speakers, download the latest agenda

2. REGISTER Register early and save $100. This offer ends September 29, 2018

3. GET INVOLVED! If you would like to get involved in this year’s conference, please contact us.

LOCATION

The Conference Board
845 Third Avenue (Between 51st and 52nd) 
New York, NY 10022
Tel: (212) 339-0345
For Hotel Accommodations near The Conference Board, please view the below documents:
Hotels Near The Conference Board 
Map of Hotels Near The Conference Board

Please Note: Registration fees do not include hotel accommodations.

OUR MISSION

All proceeds support The Conference Board's educational, scientific, and not-for-profit mission.

MARKETING PARTNER
Global Council for the Advancement of Women in Procurement
AGENDA
NOVEMBER 08 - 09, 2018
THE CONFERENCE BOARD,NEW YORK, NY
November 08 - 09, 2018

Challenges You Might be Facing

Digitization of the procurement function is increasingly difficult to predict. On the one hand, we are seeing huge leaps in terms of opportunities, but outside transactional payment options, we are seeing relatively low adoption rates.

About the Seminar

To help guide your organization through the minefield of modernizing the procurement function, we have assembled a selection of expert professionals that will discuss how they plan to lead their organizations into the next 3-5 years.

Some of the key takeaways you can expect will include:

  • The myriad ways procurement can deliver more robust cost savings to their organization, from spend consolidation to operational efficiencies and reduced capital expenditures
  • Strategies and solutions to mitigate risks, such as global trade, natural disasters, and cyber security
  • How to achieve greater supply chain transparency, including analysis beyond tier 1 suppliers
  • Success factors for winning the war on talent through better training and capitalizing on the newest skill sets needed to excel in procurement
  • Case studies in shifting from traditional to agile, building capacity, lowering costs and improving stakeholder satisfaction and success
  • Insights on how to become a high performing procurement operation, and how digitalization, training, leadership, and collaboration together fuel bottom-line growth

We will also provide technological updates and use studies on digital strategies, including:

  • Analytics, Robotic Process Automation (RPA), Chat bots, AI, Machine learning
  • Tech-enabled pay options, spend tools, automation, and data integration
  • Cyber security and ransom ware
  • Blockchain, real-time supply-chain monitoring, IoT, and their role in supply chain transparency and efficiency
  • Negotiation strategies and building more effective supplier relationships

Don’t miss out on this unique opportunity to network with leaders and come away with a solid understanding of how you can negotiate the coming challenges in the procurement profession.

Who Should Attend

Anyone who is seeking to enhance the strategy, operations and measurement of their online community, including:

  • Chief Procurement Officers
  • Chief Operations Officers
  • Chief Technology Officers
  • Chief Human Resources Officers
  • Heads of Procurement

VPs, Directors and Managers of:

  • Procurement
  • Supply Chain
  • Supply Management
  • Supplier Relationship Management
  • Vendor Management
  • Category Management
  • Strategic Sourcing
  • Digital Sourcing
  • Purchasing
  • Strategy
  • Human Resources
  • Training and Development
  • Legal

Earn Recertification Credits

CPE logo

Earn up to 9.5 CPE credits
Production
Requirements: Attendees must sign-in each day for full credit. Delivery Method: Group-Live; Program Level: Intermediate, Prerequisites: Bachelor’s degree or higher, Advanced Preparation: None

SHRM

This program has been pre-approved for 8.25 PDCs for the SHRM-CP or SHRM-SCP. For more information about certification or recertification, please visit www.shrmcertification.org.

HRCI

This program has been approved for 8.25 (BUSINESS) recertification credit hours toward aPHR, PHR, SPHR, PHRca, GPHR, PHRi, and SPHRi recertification through the HR Certification Institute (HRCI). For more information about certification or recertification, please visit the HR Certification Institute website at www.hrci.org.

Three Things to Do Now

1. DOWNLOAD THE AGENDA To learn more about sessions and speakers, download the latest agenda

2. REGISTER Register early and save $100. This offer ends September 29, 2018

3. GET INVOLVED! If you would like to get involved in this year’s conference, please contact us.

Ken Baldwin, Senior Director, Sourcing and Procurement Center of Excellence, Regeneron

Joanne Couture, Executive Sourcing Leader, GE Global Operations, General Electric

Jim Downey, Supply Chain Manager, Commodity Management, Intel Corporation

Susan Grelling, Vice President, Supply Chain, Patterson Companies

Nikolaj Jessen-Klixbull, VP, Procurement, Maersk Line Operations

Alesandro Marangon, NTO Procurement Americas Cluster Head, Novartis Business Services

Kathey Porter, Director, Small Business & Vendor Diversity Relations, University of Florida

Dirk Pott, Vice President, US Procurement, Bayer

Tobias Schoenherr, Professor of Purchasing and Supply Management, Department of Supply Chain Management, Broad College, Michigan State University

Susan Spence, Vice President, Sourcing and Procurement, FedEx Services

Brian Tessier, VP, Global Supply Chain Innovation, Schneider Electric

Alissa Teta Bachelor, Associate Director, Supply Chain, UTC Aerospace Systems

Day One | Thursday, November 8, 2018

8:00 AM: Seminar Registration/Breakfast
9:00 - 9:15 AM

Welcome and Introduction

In this introduction, we lay out the structure and goals of the seminar, including as overview the current state of the procurement industry.

Tobias Schoenherr, Hoagland-Metzler Endowed Professor of Purchasing and Supply Management, Department of Supply Chain Management, Broad College of Business, Michigan State University

9:15 - 10:00 AM

How should you approach your e-procurement strategy: A discussion on two Solutions

There is no doubt that technology is changing how procurement operates and will continue to do so for the foreseeable future. In this session, we will explore two e-procurement solutions, one from GE and one from Bayer, to understand how each organization is achieving success through technological adaptation in its guided buying program. We will also explore which emerging technologies they are deploying and how they plan to further capitalize on these new technologies. Through this discussion we will share:

  • Key lessons learned from each e-procurement strategy
  • The benefits/impacts of these types of solutions … e.g. transactional costs, improved forecasting, improved customer value
  • How to evaluate which technologies are optimal for your organizational goals

Joanne Couture, Executive Sourcing Leader, GE Global Operations, Sourcing, General Electric

Dirk Pott, VP, Head of US Procurement, Bayer Corporation

10:00 - 10:30 AM: Networking Break
10:30 - 11:15 AM

Building trust and business value through greater transparency and real-time supply management

Transparency along the supply chain continues to be a major concern for procurement. In fact, 65% of procurement leaders find transparency poor, with many unable to trace products beyond Tier 1 suppliers. And yet transparency – and trust – are vital for many organizations, and indeed for customers and suppliers as well.

In this session we drill down to assess the challenges and opportunities for meeting trust and transparency goals along the supply chain.

  • Assess new methods of verifying supplier networks beyond Tier 1
  • Understand how to capitalize on transparency and trust to build a better supplier network to and meet customer expectations
  • Analyze the important role executive leadership plays in facilitating transparency

Susan Grelling, Vice President, Supply Chain, Patterson Companies

11:15 AM - 12:00 PM

Panel Discussion:
Cost containment: How procurement can deliver truly innovative strategies to deliver on business goals

How to best use limited procurement resources is a critical element for procurement departments. And, with virtually all organizations looking at cost savings, containment, and spend consolidation it is vital that organizations respond to their spending challenges.

Join our panelist as we discuss some of the best strategies for cost savings, and why simply cutting costs is not always the best long-term solution.

  • Learn how top organizations effectively manage their costs, and how they measure their ROI on cost saving initiatives
  • Hear how some technological spend has translated into higher efficiency gains that has led to a measurable – and favorable – ROI
  • Understand how procurement departments can contain costs in a more strategic, and innovative manner, one that yields better long-term business results and delivers value to customers

Kathey Porter, Director, Small Business and Vendor Diversity Relations University of Florida

Nikolaj Jessen-Klixbull, VP Procurement, Maersk Line Operations

Jim Downey, Supply Chain Manager, Commodity Management, Intel Resale Corporation

12:00 - 1:00 PM: Lunch
1:00 - 1:45 PM

Case Study: Schneider Electric
How blockchain is currently being deployed in procurement and the supply chain

Blockchain, IoT and AI are now in a position to alter procurement’s and supply chain’s processes. To this end, Schneider Electric has been testing multiple use cases using blockchain, IoT, AI and smart contracts to determine how they can be best scale these technologies and effectively integrate them into their supply chain.  

Hear how several blockchain pilot projects have been launched, managed, and completed, and understand the lessons learned, the anticipated use of these technologies, ROI to date, and future projections.

  • Learn how IoT, AI, and blockchain are deployed to build scale, and form the backbone for complex supply chains
  • Realize how track and trace can be implemented across multiple suppliers, organizations and authorities, and include smart contracts
  • Understand how to overcome the challenges of integrating blockchain within your supply chain, and what ROI you can expect to see in the short and long term

Brian Tessier, VP, Global Supply Chain Innovation, Schneider Electric 

1:45 - 2:45 PM

Change management and digital transformation:
How high performing teams are accelerating their digital adoption and reaping higher ROI

Although procurement departments have been adopting digital technologies for many years, most have not fully leveraged the sophisticated opportunities a truly digitally transformation demands. Some efficiencies have been realized, but the most benefits are still waiting to be achieved.

Drill down into what a true digital transformation requires, and how it will transform procurement departments, including:

  • How linking data across the enterprise is leading to improved forecasting and performance
  • How supply chains are changing as a result of better data capture and improve analytics
  • How procurement departments can make better operational decisions

Ken Baldwin, Director, Sourcing and Procurement Center of Excellence, Regeneron Pharmaceuticals, Inc.

2:45 - 3:15 PM: Networking Break
3:15 - 4:30 PM

Strategies and solutions to mitigate risks, including global trade, natural disasters, and cyber security

Continuity in the supply chain, and ensuring predictable delivery times, is essential for profitability. But as supply chain complexity increases, the risks procurement leaders are required to monitor also increases.

In this in-depth discussion, learn how forward-thinking organizations are focusing on controlling known and emerging risks.

  • How are organizations mitigating against geopolitical risks, such as tariffs, labor costs, logistics, and political instability
  • How can procurement professionals address compliance risks within their supply chain
  • What can, and should, organizations do to mitigate cyber risk

Sue Spence, VP, Sourcing and Procurement, FedEx Services

4:30 - 4:45 PM: Closing remarks

Tobias Schoenherr, Hoagland-Metzler Endowed Professor of Purchasing and Supply Management, Department of Supply Chain Management, Broad College of Business, Michigan State University

Day Two | Friday, November 9, 2018

8:00 AM: Seminar Registration/Breakfast
9:00 - 9:15 AM

Welcome and Introduction

In this introduction, we summarize yesterday’s events and discuss what we can expect in today’s sessions.

Tobias Schoenherr, Hoagland-Metzler Endowed Professor of Purchasing and Supply Management, Department of Supply Chain Management, Broad College of Business, Michigan State University

9:15 - 10:00 AM

Current trends and opportunities for the next 5 years: The shifting landscape of procurement and how to adapt to the challenges of the future

Procurement departments are experiencing substantial changes from not just technology, but also from globalism to recent organizational management trends. Adapting to these vast and varied changes will define how you succeed or fail in the next 5 years. While all industries can expect substantive changes, pharma organizations are seeing huge disruptions, especially because of their complicated supply chains and global operations, and long product pipelines.

Join us as we dissect some of the main trends and opportunities for procurement within the context of pharma. Some of the questions we will address include:

  • How procurement will shift more toward innovation, R&D and M&A
  • How procurement will become even more digital, and how to foster the resulting operational mind shift it requires
  • How the political environment, such as Brexit and Trump’s tariffs, could affect organizations directly
  • What kind of capabilities should you develop today that will be required as supply chains increase in complexity

Alesandro Marangon, NTO Procurement Americas Cluster Head, Novartis Business Services

10:00 - 10:30 AM: Networking Break
10:30 - 11:15 AM

Addressing the talent dilemma:
Developing your next-generation workforce to excel under disruptive technological changes

Having the right talent in place to execute and deliver on their digital transformations, is a continued source of concern among procurement departments. Recent data suggests that a majority don’t feel they have the right team in place to manage the transition. Given these concerns, what should procurement departments do to ensure they have the best opportunity to succeed?

  • Gain a firmer understanding of the skill sets required to sustain a digital transformation
  • Set up processes that enables your team to understand their specific role, and how to execute on your business strategy
  • Learn how you can attract top talent, and which incentives are most attractive
  • Discover how digitalization itself drives interest among top talent

Alissa Teta Bachelor, Associate Director, Supply Chain, UTC Aerospace Systems

11:15 AM - 12:00 PM

Putting it all together

How to ensure you purchase the right technology for your needs, effectively manage your digital transformation, attract and retain the best talent, and build trust among suppliers and customers

Creating the procurement office of the future, with the right balance of talent, technology, and culture, requires an enterprise-wide strategy. It is therefore essential to understand which questions to ask and develop the right solutions to execute on each one.

  1. Do we have the right processes for cross functional teams?
  2. Do we have the right talent – and a culture that supports them?
  3. Do we have the necessary software applications to perform effective analytics?
  4. Are we capturing the right data to make effective decisions?
  5. Do we have the analytic capabilities to execute on the data?

Tobias Schoenherr, Hoagland-Metzler EndowedProfessor of Purchasing and Supply Management, Department of Supply Chain Management, Broad College of Business, Michigan State University

12:00 PM: Seminar Adjourns
Marketing Partner
Global Council for the Advancement of Women in Procurement