Source One Round Up

June 9, 2017

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


Nicole Mahaffey, MyPurchasingCenter, June 2, 2017

Today's Sourcing and Procurement groups are evolving from a tactical to strategic role with updated processes that allow them to focus on offering additional value. In this blog Source One Senior Project Analyst Nicole Mahaffey spoke with MRO sourcing experts and co-founders of purchase order automation software Source Day, Michael Croasdale and Tom Kieley. They explain what PO automation actually offers and how this new technology has the ability to streamline and automate a supply chain. This allows buyers who regularly issue purchase orders to focus their energy elsewhere with the confidence their purchase is being fulfilled. While adopting automation in purchasing is a strategic initiative, the benefits will vary based on the category and the organization. 


This summer, Corporate United is inviting procurement and supply chain professionals from regional areas around the U.S to participate in exclusive one day conferences. The first stop on their Road to SYNERGY series will be in Baltimore, Maryland on June 6th, where industry professionals local to the area have the chance to collaborate in a personalized atmosphere with other supply chain experts in the region. The audience will have an opportunity to learn from industry leaders and discuss hot topics with other attendees throughout the day. Highly anticipate educational presentations and engaging sessions will allow attendees to exchange insights and predictions for the future of supply chain that will be valuable takeaways for getting back to work and planning ahead for their organization. After Baltimore, Corporate United and Source One get back on the Road to SYNERGY to head to Dallas, Texas for the next event in the series!

The 2017 Plastics Financial Summit was held from Tuesday to Wednesday in Chicago, welcomed financial professionals for presentations that encourage high-level thinking of financial matters impacting the direction of a plastics operations. The two-day conference featured insights from consultants, investment practitioners, and executives of leading plastics-based companies. Source One Senior Analyst, Matt Chabanon was a featured speaker of a session titled, The New Frontier: Harnessing Indirect Spend to Optimize Manufacturing Operations. Chabanon discussed how effective indirect spend management drives efficiency across the enterprise while offering his suggestions and proven management techniques and tools. He also explained how this can maximize savings opportunities that will effect future financial management success to impact the bottom line in your organization. 


Next week, the Source One team will be heading to New York for ISMNY's annual Risk Management conference. While it was postponed due to a snowstorm in March, attendees can guarantee that the schedule will remain as planned and include all the much anticipated highlights. The one-day conference will feature educational sessions, informative sessions and opportunities to network throughout the day. Experts in procurement and supply chain will offer a wide range of expertise on different hot topics and provide their individual insights for attendees to take into consideration. These presentations will give the audience valuable takeaways to apply when preparing for the future of their procurement team's function in their organization. Source One's supply chain, sourcing and procurement experts are anticipating ISM NY's Risk Management event to meet with other industry professionals following the annual international conference at the end of May.
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