Procurement In The Utilities Sector – Event Next Week in Cardiff

Attention readers in Wales and the Bristol area!

Next week, on Wednesday November 22nd, I’m in Cardiff for a BravoSolution event, held at the Principality Stadium Wales. That means delegates will get a tour of that superb stadium as well as a range of useful business-focused sessions.  The title for the session is “Procurement in the Utilities Sector: bringing risk and compliance management into the spotlight”.

Those of you who are awake and sentient will have worked out that this is aimed in the main at procurement professionals from the utilities sector, including power, water, oil and gas, with relevance too I would expect for rail, transportation and those industries (such as construction) that heavily support the utilities sector.

Utilities are in a challenging place, having to deal with competitive landscapes and a strong profit motive from shareholders, yet also a regulatory requirement that must make them feel they are more like public sector bodies (which of course many of them used to be). There is also considerable focus from the public and the media, as well as from politicians.

We’re going to cover a range of topics during the day but the major focus is risk. I’m going to talk about supply chain risk and governance issues, and how these are becoming more important – for everyone really, but clearly some of the issues are particularly important to this type of organisation. I’m also leading a round-table where we will pick up on some of the issues in my presentation in more detail.

We’ve also got a session led by DocuSign looking at the GDPR (General Data Protection Regulation). This is something that procurement folk are going to be spending a lot of time considering and working on in the coming months, and I know that different organisations are at various stages of understanding and awareness.

DocuSign’s eSignature solution can benefit companies that are developing compliant processes for the GDPR, according to the firm. I’m certainly interested to hear more about that, and we really do suggest that procurement functions and people need to be positioning themselves as experts in this area, and doing so quickly.

There are a few places still available for the day, so if this sounds interesting, please register here – free of charge.

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