Exclusive Video: The Strategic Sourcing Forum
As the world’s fastest-growing procurement and supply chain event, Procurement & Supply Chain LIVE 2023 was a disruptive learning and networking event that showcased some of the industry’s top speakers across innovation, thought leadership and strategy.
The Strategic Sourcing Forum
Centred around sourcing, this panel of executives deep-dived into the critical importance of strategic sourcing.
Speakers of the panel included:
- Milind Tailor, Global Head, Services Procurement & Vendor Management at Diebold Nixdorf
- Andrew Turner, Global Head of Indirect Procurement, JLL
- Benn Godfrey, Vice President Procurement, Rolls-Royce
The three begin by discussing the importance of aligning sourcing efforts with the overall business objectives and goals of an organisation, citing its impact on various aspects such as cost, resilience, delivery, quality, and innovation.
Discussing the dynamics of managing strong relationships with suppliers while maximising value, The panellists highlighted the complexity of supplier relationships, the need for mutual value, and the challenges associated with aligning goals and changing dynamics.
Elsewhere in the discussion, the panellists discussed technology, due diligence, balancing long-term contracts with adaptability, and the benefits of combining technological advancements and human expertise to drive successful procurement strategies.
To watch any of our other speakers from Procurement & Supply Chain LIVE 2023, click here.
Don’t forget to register for our future events including Manufacturing LIVE 2023, Procurement & Supply Chain LIVE Dubai 2024 & Procurement & Supply Chain LIVE London 2024.
Celebrating exemplary achievements in the fields of procurement and supply chain management, the Supply Chain AWARDS - debuting in 2024 - acknowledges companies, professionals, and projects that demonstrate exceptional performance, innovation, and strategic thinking. Click here, to find out how you can enter.
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Other magazines that may be of interest: Procurement Magazine, Manufacturing Digital
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