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Create value and competitive advantage by moving from tactical buying to strategic procurement

13 & 14 March 2017, Singapore

Why should you attend:

Well executed sourcing activities can greatly increase the value delivered by an organisation’s supply chain, generate additional shareholder wealth and even form the basis of a sustainable competitive advantage. However, for many reasons, some more understandable than others – traditional sourcing process (e.g. EOI’s, pre-qualifications, RFQ’s, RFP’s, etc.) are often performed without the benefit of a fully informed strategy – yielding only part of the total potential benefit contributable by sourcing action.
One way for an organisation to create strategies for more intelligent sourcing activity is to develop a practice of Category Management (CM). CM is a structured methodology that allows the procurement function to focus – typically scarce resources (people, process and technology) – on areas of spend and supply that have the greatest potential for value creation and cost reduction.

Key Benefits:

Category Management offers a reliable way to consistently and promptly generate year-over-year reductions in the operating cost of an organisation. Taken further and skilfully applied, Category Management can help an organisation create a supply chain that insulates that larger enterprise against damaging market shocks, allowing it better weather tough economic conditions. Through the application of this methodology, supply chain leadership can become highly visible, creating value and protecting the enterprise’s bottom line when it is most needed.

Who should attend:

From Across Industries
CEOs, COOs, EDs, Directors, SVPs, VPs, General Managers, who are interested in implementing a more strategic approach to procurement enterprise wide; as well as Senior Managers, Managers in the supply chain function who want to develop or improve capabilities in Category Management and Strategic Sourcing.
• Supply Chain
• Procurement
• Sourcing
• Marketing
• Demand Supply
• Inventory Management
• Strategic Planning