2020 events in focus: World Procurement Week
Back for its second year, World Procurement week 2020 is renowned for gathering esteemed procurement visionaries, influencers and practitioners.
The comprehensive event will run from the 12-14 May 2020, providing an inclusive and energising experience for those speaking and attending.
Breaking down the week-long event, we take a closer look at the agendas and speakers that you won’t want to miss!
World Procurement Congress: 13-14 May 2020
One of the industry’s largest global gatherings of senior procurement executives, World Procurement Congress is a two day event that focuses on the visionary and future trends that will impact and shape the long term success of procurement.
Top five speakers at the event include:
Amanda Davies - Global Indirects Chief Procurement Officer at MARS Inc.
Bob Murphy - Chief Procurement Officer at IBM
Alexandra Lopez - Chief Procurement Officer and Vice President of Global Procurement Services at CISCO
Miguel Gonzalez - Chief Procurement Officer at DuPont
Fabienne Lesbros - Group Supply Chain Management Director of Commercial and Services at Vodafone
World Procurement Awards: 14 May 2020
Each year the greatest procurement organisation and thought leaders gather at the world procurement awards to be a “part of something special”. The awards presented at the event not only offer global exposure, but also the chance to motivate and reward your team.
This year’s award titles include:
The Basware Procurement Excellence Award
The Smart Cube Procurement Leader Award
The GEP Procurement Team Award
The Capita Future Leader award
The H&Z Procurement Team Award
The Ivalua innovation Award
External Collaboration Award
Cross-functional Collaboration Award
Supplier Diversity and Inclusion Award
Talent and Development Award
The Greensill Supply Chain Initiative Award
Corporate Social Responsibility Award
Risk Management Award
P2P Specialist Provider Award
Procurement Technology Award
Procurement Consultancy Project Award
Indirect Category Leadership Forum: 12-13 May 2020
The only event dedicated to helping indirect leaders deliver non-cost values to wider businesses. The forum includes: inspirational case studies, interactive discussions and informal networking.
Top five speakers at the event include:
Philip Bigland - Procurement Director at Dyson
Torben Anderson - Head of Towers, Blades and TRansport Global Procurement at Vestas
Matteo Consonni - Global Category Lead of Corporate Services at Corning
Rebecca Lonsdale - Director of Indirect Procurement at Britvic
Emmanuelle Lesage - Vice President of Global Sourcing Indirect at Boehringer Ingelheim
Strategy Deep Dives: 12 May 2020
This year’s Strategy Deep Dives at World Procurement Week are digitalisation and sustainability. World procurement Week describes a successful strategy as one that is regularly adjusted based on monitoring progress against milestones and adjusting to changing conditions. With this in mind, the Strategy Deep Dives have been designed to provide the opportunity to dedicate a day to assess and evaluate the state of businesses and industries, and realign strategic goals, priorities and action plans.
For more information on procurement, supply chain and logistics topics - please take a look at the latest edition of Supply Chain Digital magazine.
Image Source: World Procurement Week
EU and US agree end to Airbus-Boeing supply chain tariffs
The EU and US have agreed to resolve a 17-year dispute over aircraft subsidies, suspending tariffs on billions of dollars' worth of goods that have plagued procurement leaders on both sides of the Atlantic.
Under an agreement reached by European Commission Executive Vice-President Valdis Dombrovskis and US Trade Representative Katherine Tai on Tuesday, the tariffs will be halted for a period of at least five years.
It will bring an end to punitive and disruptive levies on supply chains that have little to do with the argument, which became embroiled in the trade battle. Businesses on both sides of the dispute have been hit with more than $3.3bn in duties since they were first imposed by the US in October 2019, according the EC.
The US imposed charges on goods upto $7.5bn in response to a World Trade Organisation ruling that judged the EU’s support of Airbus, its biggest aircraft manufacturer, unlawful. A year later in November 2020, the EU hit back. The WTO found the US had violated trade rules in its favourable treatment of Boeing, and was hit with EU duties worth $4bn.
In all the tariffs affected $11.5bn worth of goods, including French cheese, Scotch whisky, aircraft and machinery in Europe, and sugarcane products, handbags and tobacco in America. Procurement leaders on both sides of the fence were forced to wrestle with tariffs of 15% on aircraft and components, and 25% on non-aircraft related products.
Boeing-Airbus dispute by the numbers
- The dispute began in 2004
- Tariffs suspended for 5 years
- $11.5bn worth of goods affected by tariffs
- $3.3bn in duties paid by businesses to date
- 15% levy on aircraft and 25% on non-aircraft goods suspended
Both sides welcome end to tariffs
European Commission President Ursula von der Leyen branded the truce a “major step” in ending what is the longest running dispute in WTO history. It began in 2004.
“I am happy to see that after intensive work between the European Commission and the US administration, our transatlantic partnership is on its way to reaching cruising speed. This shows the new spirit of cooperation between the EU and the US and that we can solve the other issues to our mutual benefit,” she added.
Both aircraft manufacturers have welcomed the news. Airbus said in a statement that it will hopefully bring to an end the “lose-lose tariffs” that are affecting industries already facing “many challenges”. Boeing added that it will “fully support the U.S. Government’s efforts to ensure that the principles in this understanding are respected”.
The US aerospace firm added: "The understanding reached today commits the EU to addressing launch aid, and leaves in place the necessary rules to ensure that the EU and United States live up to that commitment, without requiring further WTO action."
This week’s decision expands upon a short-term tariff truce announced in March this year. The EC says it will work closely with the US to try and further resolve the dispute, establishing a Working Group on Large Civil Aircraft led by each side’s trade minister.
Airbus last month signalled to suppliers that post-pandemic recovery was on the horizon, telling them to scale up to meet a return to pre-COVID manufacturing levels. “The aviation sector is beginning to recover from the COVID-19 crisis,” said Airbus chief executive Guillaume Faury, adding that suppliers should prepare for a period of intensive production “when market conditions call for it.”