Designing Agile Procurement Operating Models for Maximum Value and Innovation | Webinar

September 10, 2024

on-demand webinar

Designing Agile Procurement Operating Models for Maximum Value and Innovation

Procurement today faces constant pressure to reduce costs while adding value, such as improving efficiency, driving supplier innovation, managing risk, incorporating emerging technologies like generative AI, and helping the organization achieve its environmental, social, and governance (ESG) goals, among others. A well-designed procurement operating model is key to achieving these objectives, but many teams struggle with outdated models.

In this on-demand webinar, our sourcing experts helped procurement professionals understand the key factors of designing an effective model to ensure maximum organizational value.

What questions did the webinar answer?

Why are organizations transforming their procurement operating models, and what are the key drivers for this change?
How do you design a procurement operating model that aligns with your organization’s structure and strategic objectives?
What are the considerations for building agility in your procurement operating model so that it can easily adapt to changing needs?
How does an organization’s procurement maturity level impact its choice of procurement operating models?

Who should attend

Enterprises
Chief procurement officers (CPO)
Procurement category managers
Global sourcing managers
Supplier relationship managers
Procurement managers
Supplier management leaders

Amy Fong

Partner

Amit Lad

Senior Analyst

Prateek Singh

Practice Director

Mitigating Supplier Risks: The Power of Advanced Tools and Technologies | Webinar

August 13, 2024

on-demand webinar

Mitigating Supplier Risks: The Power of Advanced Tools and Technologies

WATCH THE WEBINAR ON-DEMAND

Managing supplier risk has become more critical than ever. The increasing complexity of global supply chains and the need for greater transparency and compliance have now made it essential for organizations to adopt advanced supplier risk management tools to mitigate threats.

Watch this webinar to hear our sourcing experts address these challenges and discuss the latest supplier risk management tools. They explored the functionalities these tools offer to mitigate risk across the entire supplier management workflow, such as enhanced risk assessment, improved decision-making, and business continuity in an unpredictable market.

What questions did the webinar answer?

What are the current trends and challenges in supplier risk management?
How can digital tools and technologies improve supplier risk assessment and mitigation?
What specific functionalities do modern supplier risk management tools offer?
How can automation and data analytics enhance the effectiveness of supplier risk management?
What are the best-in-class features and functions to look for in a supplier risk management tool?

Who should attend?

Chief procurement officers
Global sourcing managers
Strategic sourcing leaders
Heads of direct/indirect sourcing
Procurement managers
Category managers
Supplier risk managers

Amy Fong

Partner

Khushboo Hanjura

Senior Analyst

Banking, Financial Services, and Insurance Leaders Discuss: 2024’s Top Trends in Tech and Ops Sourcing | Virtual Roundtable

July 10, 2024

Virtual Roundtable

Banking, Financial Services, and Insurance Leaders Discuss: 2024's Top Trends in Tech and Ops Sourcing

July 10, 2024 |

8:00 AM PT | 10:00 AM CT

What are the latest trending issues shaping tech and ops sourcing within the banking, financial services, and insurance (BFSI) sector?

Join your peers as Everest Group analysts guide a dynamic discussion on the most impactful sourcing developments influencing BFSI firms in 2024. This exclusive virtual roundtable, tailored for industry practitioners, will be a flexible forum to raise questions, hear from leaders in the industry, and tap into the expertise of seasoned analysts.

Participants will come away with insights into how sourcing teams across the industry are adapting and thriving in a shifting ecosystem, including:

Strategies for supporting IT’s transition toward a product operating model
Exploration of total cost rationalization levers across technology, IT services, and operations
Insights into designing and aligning objectives and key results (OKRs) for sourcing teams to drive successful outcomes

Who should attend?

Sourcing leaders from BFSI
Category managers
Vendor managers
BFSI tech and ops leaders

Virtual Roundtable Guidelines

The only price of admission is participation. Attendees should be prepared to share their experiences and be willing to engage in discourse.

Participation is limited to enterprise leaders (no service providers). Everest Group will approve each attendance request to ensure an appropriate group size and mix of participants. The sessions are 90 minutes in duration and include introductions, a short presentation, and a facilitated discussion.

Ronak Doshi

Partner

Amy Fong

Partner

REQUEST TO ATTEND

Sourcing Leaders’ Key Priorities: Accelerating Growth Through Global Services | Webinar

May 2, 2024

oN-dEMAND wEBINAR

Sourcing Leaders’ Key Priorities: Accelerating Growth Through Global Services

WATCH THE WEBINAR ON-DEMAND

As the second half of 2024 approaches, sourcing leaders are pivoting towards revenue acceleration strategies, moving beyond the traditional focus on cost savings. Procurement’s growing relevance within organizations underscores its necessity to adopt growth-oriented strategies, including driving innovation with key suppliers, leveraging mature pricing models, prioritizing sustainability initiatives, and designing an optimal talent-location framework.

In this webinar, our sourcing and pricing analysts discussed action items for procurement teams to achieve these goals and attain an accelerated growth trajectory in H2 2024.

What questions has the webinar answered for the participants?

What are sourcing leaders’ key priorities for H2 2024?
How are outsourcing trends shaping up concerning outsourcing deals, sourcing locations, and talent availability?
How have sustainability strategies evolved in procurement?
What pricing models and negotiation levers are taking priority?
What action items can sourcing leaders take to achieve maximum value realization?

Who should attend?

CPOs / heads of procurement, CIOs, CTOs
Category managers
Indirect and strategic sourcing leaders
Heads and buyers of outsourced services
IT and BPO department leaders
Supplier management leaders
GBS leaders managing IT and BPO outsourcing contracts
Service providers’ sales leaders
Service providers’ country heads

Victoria Folbigg

CEO Folbigg Consulting Group Prior Vice President of Procurement Zuellig Pharma

Sumit Kumar

Practice Director

Bhanushee Malhotra

Practice Director

Ricky Sundrani

Partner

AI-driven Sourcing: Discover the Best-in-Class Features in Autonomous Sourcing Tools | Webinar

April 11, 2024

ON-DEMAND WEBINAR

AI-driven Sourcing: Discover the Best-in-Class Features in Autonomous Sourcing Tools

WATCH THE WEBINAR ON-DEMAND

Sourcing organizations are increasingly trying to make their processes more efficient through digital adoption. While e-Sourcing tools were the starting points for this digital transformation, they have evolved and are now enhanced by the addition of automation and artificial intelligence.

Watch this webinar where our analysts offered insights into the complex technology landscape of autonomous sourcing tools. They also discussed the various functionalities autonomous sourcing tools offer across the sourcing workflow, providing a clear understanding of their impact and benefits.

What questions did the webinar answer for the participants?

What does the autonomous sourcing technology landscape look like?
What is the current state of adoption of automation in sourcing technologies?
What are the best-in-class features and functions to look for in an autonomous sourcing tool?

Who should attend?

Enterprises
Chief procurement officers (CPO)
Global sourcing managers
Vendor managers/vendor relationship managers
Procurement managers
Supplier relationship management technology providers
Supplier management leaders
Technology providers offering autonomous sourcing solutions

Amy Fong

Partner

Amit Lad

Senior Analyst

Bhanushee Malhotra

Practice Director

When High Tech meets High Touch: Generative AI in CX | Networking Event

April 5, 2024

Networking event

intelligent sourcing networking dinner

April 18, 2024

Catch Everest Group Partner, David Rickard at Intelligent Sourcing’s dinner event on April 18, 2024. David’s keynote is titled When High Tech meets High Touch: Generative AI in CX.

David Rickard

Partner, Everest Group

SIG Global Executive Spring Summit 2024

March 25, 2024

IN-PERSON EVENT

SIG Global Executive Spring Summit

March 25-27, 2024 |

Asheville, NC

Everest Group is a proud sponsor of SIG’s 2024 Global Executive Spring Summit, taking place from March 25 – 27, 2024 at The Omni Grove Park Inn, in Asheville, NC.

Leapfrogging Technology and Talent Challenges with the Help of Procurement Outsourcing

March 27, 2024 | 11:55 AM-12:40 PM ET

Procurement outsourcing (PO) is no longer just about lift and shift for labor arbitrage. Service providers have become important strategic partners to drive value and accelerate technology adoption. In this session, we will discuss the characteristics of high-value PO engagements, digital trends, including Gen AI, and how modern sourcing teams utilize talent for success. In this vendor-agnostic session, Everest Group’s analysts will share their PEAK Matrix® for PO providers and perspectives on provider capabilities and investments.

You will learn:

Characteristics of successful procurement outsourcing engagements
Which providers are investing most strategically
Digital trends, including GenAI in procurement
Which pricing models set up both buyers and providers for success
How onshore/nearshore delivery is increasing to support upstream activities
Lifecycle Phase: Optimization

Amy Fong

Partner, Everest Group

Shirley Hung

Partner, Everest Group

CPOs: Do More with Less in APAC through Gen AI, Innovation, and Rate Cuts | LinkedIn Live

March 21, 2024

LinkedIn Live

CPOs: Do More with Less in APAC through Gen AI, Innovation, and Rate Cuts

View the event on LinkedIn, which was delivered live on Thursday, March 21, 2024.

2024’s CPOs, senior procurement, and VMO leaders in the Asia-Pacific region are seeking to accelerate revenue growth while keeping rising costs at bay. In other words, they want to do more with less.

To achieve this, they are focusing on adopting modern technologies such as generative AI (gen AI) to drive productivity, ensuring supplier innovation moves the needle, rebalancing their sourcing portfolios, and driving sustainable growth through optimized processes. 🛠️🔍

Watch this engaging APAC-focused LinkedIn Live discussion where our analysts and procurement veterans explored sourcing and supplier strategies that can drive accelerated revenue growth and enhance cost optimization.

During this session, we explored:

✅ CPO and procurement leaders’ priorities in 2024 🎯
✅ How technology modernization (e.g., through gen AI) can drive productivity and accelerate revenue growth 🚀
✅ The outlook for pricing in 2024 in APAC and the best-in-class negotiation and contracting tactics that procurement and category management leaders are using 💰
✅ How sourcing and supplier management leaders are driving innovation from their strategic suppliers

Meet the Presenters

Priya Gupta

Head of Procurement, India

Philip Morris International

Bhanushee Malhotra

Practice Director

Everest Group

Brish Bhan Vaidya

Head of APAC Strategic Sourcing & Global Buying Center

Uber

Abhishek Sharma

Partner

Everest Group

Decoding Supplier Relationship Management Technologies: What Are the Best-in-Class Functionalities and Features? | Webinar

February 27, 2024

ON-Demand Webinar

Decoding Supplier Relationship Management Technologies: What Are the Best-in-Class Functionalities and Features?

WATCH THE WEBINAR ON-DEMAND

Enterprises are increasingly focusing on transforming supplier management activities through digital adoption to improve efficiency and relationships. However, the supplier management technology landscape is complex. Technology providers have varying capabilities and focus areas within the supplier management space, making it difficult for enterprises to choose and implement.

In this webinar, our analysts unpacked how enterprises can better understand the supplier relationship management (SRM) technology landscape and highlight the best-in-class functionalities and features.

What questions did the webinar answer for the participants?

What does the SRM technology landscape currently look like?
What are the best-in-class functionalities and features that enterprises should look for when adopting an SRM tool?
What does a high-level assessment of the functionality and solutioning elements of various technology providers offering SRM tools entail?

Who should attend?

Enterprises
Chief procurement officers (CPO)
Global sourcing managers
Vendor managers/vendor relationship managers
Procurement managers
Supplier relationship management technology providers
Procurement suite providers
Procurement outsourcing service providers

Amit Lad

Senior Analyst

Everest Group

Bhanushee Malhotra

Practice Director

Everest Group

Akash Thunga

Senior Analyst

Everest Group

Navigate Gen AI Risks in Supply Chain and Procurement: Planning for Success | LinkedIn Live

February 1, 2024

LINKEDIN LIVE

Navigate Gen AI Risks in Supply Chain and Procurement: Planning for Success

View the event on LinkedIn, which was delivered live on Thursday, February 1, 2024.

Sourcing and supply chain teams are awash in data and content, making the function a prime opportunity to implement generative AI (gen AI). However, these functions also face significant ethical, privacy, and accuracy concerns.

Watch this LinkedIn Live event to hear our experts discuss how the market, providers, and functional leaders are addressing these challenges to pave the way for innovation. This event is a follow-up to our previous LinkedIn Live discussion, The Possibilities for Generative AI in Sourcing.

During the event, we explored:

The risks, challenges, and barriers to gen AI adoption and how organizations can position themselves for success
How procurement leaders can navigate the ethical, privacy, and security concerns in the adoption of gen AI to drive innovation
The technology providers in the gen AI space that sourcing and supply chain teams can work with

Meet the Presenters

Amy Fong

Partner

Everest Group

Nitish Mittal

Partner

Everest Group

Edmund Zagorin

Founder and Chief Strategy Officer

Arkestro

Don’t miss the premier conference for GBS, sourcing, and tech leaders. Reserve your spot for Everest Group Engage!

Category: Procurement / Supply Chain