Positioning Procurement as a Value-Generating Function – ProcureCon Indirect

ProcureCon Indirect takes place April 2-3  (a little bit earlier than usual this year) but still in the beautiful city of Copenhagen, at the Radisson Blu Scandinavia Hotel.

This year one of its themes is Positioning Procurement as a Value-Generating Function, which will, we are sure, attract many CPOs and senior procurement executives at a time when the Procurement function is working hard to be seen as drivers of more than just cost savings.

In ‘Winning the hearts and minds of your business: How to create transparency within your team and promote end-to-end responsibility,’ we will hear from Michelle Baker, CPO of KPN, Netherlands-based ICT and telecoms firm. Michelle’s role focuses on increasing the value procurement brings to the organisation: we heard Michelle recently as part of the Efficio panel debate: Is Digital Transformation Driving More Effective Procurement? – she seems knowledgeable and not afraid to challenge traditional thinking. She’ll be discussing how procurement can challenge itself and work with environmental changes; how transparency can help get the best out of the team and how procurement can operate as a motivational function that wins the hearts and minds of all stakeholders – a crucial step in securing a profile of a value-adding function. So that should be just one of the presentations well worth our ears.

Michelle will also be chairing one of the day’s synergy workshops: Embracing the New Role of Procurement, which is about becoming a “life-long learner” and continuing to grow professionally as the function changes. She will also discuss how the socio-economic changes of today’s world will influence and impact procurement, and how senior procurement figures can influence their teams to adapt and continue to learn within procurement. This session will continue with ‘Millennials and the change they bring to sourcing: How to embrace and address the mindset of millennials and their commitment to your organisation,’ delivered by  Harriet Liljestrom– Katisko, Director Indirect Procurement, Finnair and Phil Thomas, Managing Director, Head of Global Sourcing, Barclays. The synergy workshops are limited to 30 places so do choose early if you are interested in this stream.

Marco Romano, Chief Procurement Data & Analytics Officer at IBM will also pick up this theme talking about how can you influence your stakeholders to see procurement as a ‘value generator’ that makes the right new investments to achieve business excellence whilst driving cost savings. Quite a tall order but certainly a presentation worth listening to we suspect.  He will include how you can enable productivity through technology and data, and how you can show your business the value of procurement and be the facilitator of achieving business-excellence.

There’s also a heavy focus on digital procurement this year, so we assume the two go hand in hand. An all-star panel (consisting of representatives from Facebook, Nokia and Lloyd’s of London) will debate ‘How to develop a digital and cultural transformation strategy to inspire your leaders and employees to become a fully digitalised procurement team of the future.’ Then Vaishali Salmond, Strategic Sourcing Lead EMEA & LatAm at Google will talk about Enabling spend analytics and how you can use Machine Learning to better classify your supply base and spend. Martin Goldstein, Head of Procurement at River Island will present an interactive case study on Becoming a digital native, how you can boost your team’s AI, data analytics and blockchain buying knowledge to meet the needs of your category stakeholders in an increasingly digitalised world. And GEP will talk about Driving Digital Transformation: Execution excellence through unified data.

So that’s just a part of Day 1 – ProcureCon is always a very busy and content-rich event so it’s wise to study the agenda early and decide which sessions you would like to attend. If going with other colleagues it’s always good to spread yourselves around to get the most out of the two days. There’s also the value from networking side to it too, an opportunity to meet other indirect procurement leaders from the world’s largest indirect spending companies, and discuss their innovations and procurement processes.

See the full agenda here, and book your place here – remember there’s an exclusive discount for our readers using code PCISM20 when you book.

Hope to see you there.

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