March 25 - 27, 2019
Omni Amelia Island, FL
Chartered Institute of Procurement & Supply (CIPS)
DAY 1 - Monday, March 25: The Future Is Ours: Progressing Procurement Forward
Monday, March 25th, 2019
8:20 AM Chairperson's Opening Remarks
8:30 AM Executive Panel: Full Stream Ahead: Reimagining Procurement’s Role In A Fast World And Disruptive Future
Given the rapidly changing business environment facing all industries, the role of the procurement function and CPO will undoubtedly need to adapt and change. So what will these teams look like - and how will they serve their stakeholders? Has the CPO function really evolved as we expected, and where is it going? Leading procurement visionaries will share their thoughts on what’s next so that you can prepare for future changes. Buckle up - it could be a bumpy ride.
•How will stakeholder expectations change?
•Will procurement teams need restructuring?
•What is the future of procurement transformation?
•Getting and maintaining the executive support you need in an age of disruption
•Planning for the unknown in a rapidly changing world
To run a truly world-class procurement function, greater visibility into spend as well as supplier and contract management is essential. While strong leadership and best practices continue to play an important role in these realms, new technology that enables a sharper strategy has arrived. The rise of artificial intelligence is now helping procurement organizations gain new insights and shape strategies not before possible with standard approaches. In this panel, gain an understanding of how procurement leaders are making tomorrow today by taking their analytics into the future with AI, and how you can do the same.
•How can you effectively use AI to enhance your procurement function and reduce costs?
•How can you use a cognitive procurement system in order to drive improved results?
•How can you effectively manage change within a cognitive procurement function in order to ensure you have the buy-in from your team and internal partners?
•What advanced analytics systems offer the highest ROI and where should you start?
It’s not enough to just be on the cost side of the equation – to make a difference to your business leadership you need to make an impact on the commercial side as well. This enlightening discussion will talk you through how leading practitioners showcased leadership and delivered value in unexpected ways. Key components include:
•What are the proven strategies to make the most of your supplier relationships and add to the top-line growth of your organization
•Approaches to convince your board and senior management to support more revenue-generating activities in procurement
•How can procurement engage marketing/commercial/stakeholders and deliver revenue-generating initiatives