Procurecon Indirect Europe: Industry leading procurement wisdom
Held at the Radisson Blu Scandinavia Hotel in Copenhagen, the ProcureCon Indirect Europe 2019 conference will take place tomorrow (April 2-3, 2019) and feature the leading minds from the global procurement space. Here are three of the industry thought leaders sharing their insight at the event.
Jan Fokke Van Den Bosch, CPO, HSBC
Jan Fokke Van Den Bosch is responsible for the global procurement department at HSBC, a role he has held since March 2016, overseeing a team of 800 onshore and 600 offshore.
He is scheduled to give an opening address at nine AM on Tuesday, which will welcome attendees and cover the subjects: How can you create a business to business environment? How can procurement facilitate the role of digital buying to ensure faster, and better cost benefits? How can you make your procurement function more strategic? And how can transparency across the business improve your buying power?
Marco Romano, Chief Procurement Data & Analytics Officer, IBM
With over 20 years experience in the procurement space, Romano is responsible for the global procurement data, analytics and cognitive strategy and implementation.
He is scheduled to speak on Tuesday morning, giving a presentation on ways in which procurement officers can influence their stakeholders to see procurement as a value generator that makes the right new investments to achieve business excellence whilst driving cost-savings.
Michelle Baker, CPO, KPN
Baker joined KPN, a market-leading ICT and telecommunications firm in the Netherlands, in 2017, where her role focuses on increasing the value procurement brings to the company. She was recently listed as ‘One To Watch’ on Supply Management’s Procurement Power List, and is on the ProcureCon Indirect 2019 Advisory Board.
Baker is scheduled to speak at two presentations on Tuesday, covering “Winning the hearts and minds of your business”, and “becoming a life-long learner”,
Vizibl: The Future of Supplier Relationship Management (SRM)
Even the best procurement team on the planet can only derive so much value from their suppliers by tinkering with spreadsheets or negotiating another half-percent-per-unit from a regular bulk-buy.
The value of relationships count in today’s fast-paced and disrupted business environment, where partnerships, future efficiencies and risk mitigation are just as vital a measure of an organisation’s maturing procurement organisation as overhead reduction.
A recent McKinsey survey into 100 large organisations found that the more cooperative an organisation, the more financially competitive it could become. "Companies with advanced supplier-collaboration capabilities tend to outperform their peers,” it found, but also admitted that this value is not a simple thing to access.
Visibl is a company built from the ground up with the philosophy of ‘delivering mutual value' in mind. Its digital procurement platform is designed to place collaboration at the centre of supplier relationships. Greater transparency for all stakeholders not only simplifies and quantifies contractual obligations, but also provides opportunities to discover and align on common goals and business objectives.
How does Vizibl’s platform work?
Vizibl’s supplier relationship management platform feeds off data. By leveraging data from existing enterprise applications such as ERP, P2P, risk management, or project management systems, all stakeholders can share a central source of truth. The result is greater transparency, visibility and accountability on both sides of a contract. The platform is divided into several focus areas:
- Vizibl Relationships: This system helps organisations move beyond transactional interactions with their suppliers, instead building trust and applying a governance framework that is both scalable and consistent to better support core business objectives.
- Vizibl Workspace: Operating in one virtual workspace removes friction in collaborative endeavours and aligned initiatives. Vizibl Workspace enables partners to drive goals together, whether improved cost-savings, ESG commitments, new product launches or boosting operational efficiency.
- Vizibl Reporting: Measuring results is critical in achieving business objectives, forward planning and risk management. This system helps business leaders leverage actionable data to quantify and drive initiatives, support and mange supplier performance, and understand true ROI.
Key Vizibl customers: Heineken, Vodafone, Astellas
“Gartner lists supplier collaboration as supply chain leaders’ number one focus to solve for agility and resilience”
Speaking to SupplyChainDigital.com earlier this year in June, Mark Perera, CEO and co-founder of Vizibl said: “We work with companies across multiple industries, but regardless of sector, we really see agility and resilience as overarching topic areas in the supply chain. From a resilience perspective, that’s both in terms of operational resilience, but also strategic resilience; we see organisations looking at implementing the desired levels of flexibility and the ability to change with demand, as they look towards the future of their company.”
“Gartner lists supplier collaboration as supply chain leaders’ number one focus to solve for agility and resilience,” he added. “The mindset and process change to switch to a supplier collaboration model will be a challenge for organisations that are falling behind.”