Source One Round Up

March 10, 2017

Here's a look at where Source One's cost reduction
 experts have been featured this week!

Enhancing MRO Supplier Value through Contract Service Levels
Contracting is process that is completely unique, even with templates for general components, there are different focuses for each category. For MRO specifically, there is usually a combination of goods and services provided by the suppliers in this category. This requires a thorough assessment of risks associated with the goods and services separately, because one could be significantly more critical than the other. Along those same lines, ensure the terms of the agreement are mutually beneficial so both parties are not exposed to significant risk. Source One's Senior Project Analyst Jennifer Engel emphasizes the need to provide detailed and measurable supplier expectations that can be tied to a condition of termination as a tool to drive negotiations that will create terms to satisfy both parties.

Achieving World-Class Procurement: The Steps Leading Companies Are Taking To Optimize Their Procurement Teams
The procurement transformation process assesses existing operations, articulates the most optimal end result, develops a strategy for achieving said objectives, and finally implementing those changes. The overall goal is to leverage procurement for continuous competitive advantage, in addition to the cost reducing efforts sourcing and procurement regularly provides. Procurement transformation processes are being more and more utilized by industry-leading enterprises that are aiming to stay ahead of the curve and guarantee they are leveraging the ever-changing spend management landscape and associate technologies. Source One Consultant Ken Ballard explains the various financial benefits of an effectively operated procurement organization.

ISM- New York Annual Conference- Procurement Risk Management
Next Thursday the Institute for Supply Management's New York Chapter will host it's annual Procurement Risk Management conference, a one day event for procurement and risk management experts to collaborate and share their predictions of industry trends in the upcoming year. Source One's procurement and supply chain experts are anticipating the opportunity to meet with other experienced leaders in supply chain and procurement. Attendees can achieve insight on educated predictions for the future of procurement and expectations for 2017 through the variety of educational and informative sessions presented by experts in the industry.

ISM 2017
One of the most anticipated industry events of 2017, the Institute for Supply Management's annual conference in May is quickly approaching. Source One is looking forward to this international event that brings together over 2,500 global supply chain and procurement professionals for four days of networking, educational sessions, and exclusive opportunities to work with experts in the supply chain and procurement industry. ExecIn, a sub-conference featured at ISM2017, is designed specifically for supply management leaders and is exclusively hosted by Source One. With an even more specific audience, ExecIn offers the opportunity to reevaluate processes through sessions prepared by select presenters for executives at non-consulting organizations.

The Road to SYNERGY - Baltimore, MD
Source One is also preparing for the annual SYNERGY conference hosted by Corporate United, with the regional events lined up before the national annual meeting in the fall. Baltimore, Maryland is the first stop on the Road to SYNERGY, where procurement pros in the area can network in early June before joining the crowds of professionals from around the country. These single-day events focus on leadership in the industry, best practices and personal development. As a Gold Sponsor, Source One is excited for these focused opportunities to share their innovative category solutions with other procurement professionals.
Share To:

Strategic Sourceror

Post A Comment:

0 comments so far,add yours