Strategic Procurement Processes (SPP)
Venue: Kuala Lumpur
|Event Date/Time: Sep 27, 2010||End Date/Time: Sep 28, 2010|
With the globalization of economy, the role of procurement has been fundamentally shifting, and gaining in prominence within the corporate ranks. The profitability of an organization is not only dependant on the level of revenue they bring in, but also on the overall cost of operations. As such, there is an imperative need for an organization to implement a corporate strategy closely associated with the supply chain.
One key strategic benefit Supply Chain Managers have over that of their counterparts in other departments is that they are simultaneously exposed to both ends of the spectrum â€“ the needs of the organization as well as the market, which enables them a more holistic view of the market environment.
This workshop thus aims to enhance the capabilities of professionals in procurement and supply chain in increasing the profitability of their organization through strategic procurement processes. It will cover an extensive range of topics within the supply chain including strategic vendor management and establishing an understanding of internal IT infrastructure. Through extensive case studies of some of the best and worst practices in the field, participants will leave the workshop with actionable strategies they can implement within their organization.
Workshop Facilitator Profile
The trainer is a Principal with a consultancy firm specialized in helping companies improve their supply chain operations and profitability by incorporating industry best practices into a companyâ€™s day-to-day operations. He has helped clients in a range of industries, including oil & gas, aerospace & defense, transportation, logistics, and the public sector to make better use of their resources to achieve their strategic objectives. He leverages this experience solving supply chain challenges for some of the worldâ€™s largest firms in the various courses he teaches for top universities and professional supply chain management associations.
The trainer began tackling complex procurement challenges while a consultant with the IBM Corporation. With the rise of the Internet as a business tool, exchanging near-real-time demand data with suppliers became a reality. These B2B procurement hubs (also called e-marketplaces) were designed to connect the supply of goods produced by numerous suppliers with the demand for goods expressed by buyers in the form of a purchase order. He has worked with such B2B procurement hubs in nearly a dozen industries including oil & gas, specialty chemicals, retail and shipping to reduce procurement costs through better demand visibility and, in some cases, demand aggregation. The trainer helped these procurement hubs normalize the transmission of purchase order data and craft a strategy for securely integrating supplier and buyer systems into the B2B hub. Several of these B2B procurement hubs were truly global, and, as such, required support for numerous languages, number formats, and currencies. As these hubs began pursuing even more ambitious functionality, like demand planning, the importance of accurate, normalized, and secure data exchange only increased. Based on his experience working with these procurement hubs, he was recruited to join an early stage venture capital-funded company providing business-to-business systems integration as a managed service for companies like Boeing and Intel.
The trainer is an adjunct professor with the SP Jain Centre of Management MBA program in Dubai and Singapore and has served as a guest lecturer at the University of Washington and Rice University. He has also taught courses and workshops for the Council of Supply Chain Management professionals (CSCMP), the Institute for Supply Management (ISM), the International Warehouse Logistics Association (IWLA), and the Warehouse Education and Research Council (WERC). He also publishes regularly in industry journals, including the Supply Chain Management Review. Most recently, the trainer has published a series of articles discussing a new framework he has developed for insuring successful supply chain collaboration; these articles will appear in the newsletter of the Center for Value Chain Research over the next two years. He is also a reviewer for the Journal of Intelligent Manufacturing.
His partial list of clients:
* Cisco Systems
* International Paper
* Philip Morris
* Pratt & Whitney
* US Department of Defense
Key Benefits of attending this Workshop
EVALUATE current procurement and supply chain practices to further enhance operational capabilities.
ESTABLISH familiarity of IT infrastructure within the supply chain to streamline cross functional communications.
IMPROVE supplier relationship through use of clear performance measures.
ALIGN corporate objectives with the procurement through performance management metrics.
EQUIP yourself with better knowledge on procurement contracts to maximise cost savings.
REDUCE excessive costs through implementation of lean processes.
ENCHANCE knowledge on effective inventory control practices.
MITIGATE risks through strategic planning of demand and supply variations.
BENCHMARK against the best practices of organizations through extensive use of case studies.
Who Should Attend
This event is specially designed for officers, managers, senior managers, directors, VPs and Head of:
Supply Chain | Procurement | Logistics | Operations | Purchasing
Email me at willy.k@unistrategic with subject title "SPP-AC" and I shall send you the full brochure.