Category: Procurement / Supply Chain

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

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

GSA’S Sustainable Sourcing Symposium | Conference

conference

GSA’S SUSTAINABLE SOURCING SYMPOSIUM

January 31, 2024

The GSA Symposium 2024 will kick-start your year with all the insights and tools you need to drive more sustainable sourcing throughout 2024.

David Rickard, Partner at Everest Group, will be doing the opening keynote, sharing insights from our Key Issues 2024 study. David will delve into key business challenges, strategies, and industry insights, to help kickstart your year and stay ahead of the curve in 2024.

Everest Group’s Key Issues 2024 study captures the pulse of IT-BP industry leaders from across the globe to uncover major concerns, expectations, and trends, and how they plan to drive accelerated value through global services in 2024. Themes include the global services industry outlook, key business challenges and priorities, expectations from service providers, expected changes in outsourcing deals, digital and next-generation capability priorities, and the impact of Gen AI, among others.

Where:  DLA Piper, 160 Aldersgate St, Barbican, London, EC1A 4HT

REGISTER

Rickard David
David Rickard
Partner, Everest Group

Generative AI’s Role in Modern Procurement: Use Cases and Impact | Webinar

ON-DEMAND WEBINAR

Generative AI's Role in Modern Procurement: Use Cases and Impact

In today’s business landscape, streamlined and efficient procurement processes are essential for sustained growth. It is imperative for procurement to embrace leading-edge technologies such as generative AI to stay competitive.

Generative AI’s ability to optimize procurement processes, mitigate risks, and enhance decision-making is transforming the way organizations operate, making it a key tool for resilience, cost savings, and strategic advantage.

Watch this webinar to hear our analysts discuss generative AI use cases across the source-to-pay value chain, implementation challenges, and the essential steps to harness the technology’s full potential.

What questions has the webinar answered for the participants?

  • What is the impact of generative AI across the source to pay value chain?
  • What business challenges can generative AI solve for procurement organizations?
  • Who are the technology providers in the generative AI space that organizations can work with?
  • How are organizations using AI in procurement?
  • What are the adoption trends of generative AI in procurement?
  • What are the risks, challenges, and barriers to generative AI adoption?

Who should attend?

  • CPOs
  • Category managers
  • Indirect sourcing leaders
  • Supplier management leaders
  • Strategic sourcing leaders
  • CIOs, CTOs
  • Procurement technology providers
Fong Amy Refresh gray square
Partner
MicrosoftTeams image 48
Senior Analyst
Malhotra Bhanushee
Practice Director

Modernizing the Strategic Sourcing Process with Technology | Virtual Roundtable

virtual roundtable

Modernizing the Strategic Sourcing Process with Technology

November 15, 2023 |
10:30 AM EST | 9 PM IST

Join industry thought leaders and stakeholders for an engaging virtual roundtable discussion on how to drive meaningful impact in outsourced services spend through digitalization and modern sourcing practices.

Attendees will discuss best practices for effectively measuring the impact of sourcing strategies through tech and methods for aligning this impact with your organization’s broader objectives. We’ll also explore how to cultivate collaborative relationships with suppliers for sustained success.

Sourcing leaders will come away with actionable insights and strategies that can be immediately implemented to elevate sourcing practices.

Participants will discuss:

• Cutting-edge technology trends that are reshaping sourcing strategies
• Best practices for measuring impact, including proven methodologies to measure the impact of your sourcing strategies through tech
• Ways to align your sourcing strategies with broader business objectives, ensuring that your efforts drive meaningful results and growth
• Approaches for fostering collaboration with suppliers through tech, ensuring inclusivity and long-term success in the sourcing ecosystem
• Strategies that you can implement immediately

Who should attend?

• Procurement leaders
• Category managers
• Sourcing managers

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.

Hanjura Khushboo
Khushboo Hanjura
Senior Analyst
Hung Shirley
Shirley Hung
Partner
Malhotra_Bhanushee
Bhanushee Malhotra
Practice Director

Global Supplier Diversity: A Path to Inclusive Procurement | LinkedIn Live

LINKEDIN LIVE

Global Supplier Diversity: A Path to Inclusive Procurement

View the event on LinkedIn, which was delivered live on Thursday, November 2, 2023.

🌎 As businesses expand globally, diversity in supply chains becomes critical for competitiveness, risk mitigation, and meeting societal demands for inclusion and social responsibility.

Watch this LinkedIn Live as our expert analysts explore the global landscape of supplier diversity initiatives and the challenges and opportunities they present 📊. We’ll discuss the importance of inclusive procurement practices and the cultural considerations and adaptation of supplier diversity strategies in different regions 🤝.

💡 Viewers will gain practical advice on aligning procurement processes with diversity goals on a global scale and hear success stories and innovative approaches from around the world that promote supplier diversity and inclusive procurement 🌐🚀.

What did we discuss?

  • ✅ The global landscape of supplier diversity initiatives and the challenges and opportunities
  • ✅ How inclusive procurement practices can foster diversity and inclusion within the supply chain, and why it’s important
  • ✅ Cultural considerations when adapting supplier diversity strategies in different region

Meet The Presenters

 

SIG 2023 Global Executive Summit

In-Person Event

SIG 2023 Global Executive Summit

October 16 - 18, 2023 | Scottsdale, AZ

Everest Group is a proud sponsor of SIG’s 2023 Global Executive Summit, taking place from October 16 – 18, 2022 at the Omni Scottsdale Resort & Spa at Montelucia, in Scottsdale, AZ.

Global Services Sourcing: What’s Working in 2023 to Maximize Value and Manage Costs
A Roundtable Discussion Facilitated by Everest Group

Session timing: Tuesday, October 17, 10:35 am MST

For those sourcing global services, the last few years have been a roller coaster, with talent shortages leading to previously unheard-of mid-contract cost increase requests.
 

Join Everest Group analysts and your peers to talk about how buyers are successfully managing costs, talent, and locations decisions in IT, Engineering, and BPO services.

We’ll discuss the following questions, plus your own challenges:
▪ What is going on with attrition and retention at leading service providers?
▪ Have price increases leveled out? Which roles still demand a premium?
▪ Should we consider new locations onshore, nearshore, or offshore?
▪ Which actions can sourcing teams take to achieve better cost optimization in a changing market?
 
You will learn:
▪ Important trends to know when sourcing complex services in North America or globally
▪ Which locations are emerging for offshoring and nearshoring, and the challenges they bring
▪ Which skills may still be demanding a premium, and where buyers have an advantage right now

Speakers:

Fong Amy Refresh gray square
Amy Fong
Partner, Sourcing and Vendor Management
Arora Achint
Achint Arora
Partner, Pricing Assurance

World Procurement Excellence Summit | Conference

Conference

World procurement excellence summit

September 27, 2023

David Rickard, Partner at Everest Group, will be speaking at the World Procurement Excellence Summit. His will discuss how sourcing teams should adapt to emerging technology trends:

  • The influence of emerging technologies on an organization’s run, operate, and change mandates
  • The impact of emerging technologies at varied adoption stages on sourcing dynamics and strategy
  • How to evolve category strategies to support the technology adoption cycle
  • How to align supplier segmentation and portfolio strategy to the fast-evolving supplier landscape
 
Rickard David
David Rickard
Partner, Everest Group

Driving Success through Effective Procurement and Category Management Organization | Webinar

on-demand Webinar

Driving Success through Effective Procurement and Category Management Organization

Do you have an exceptional procurement and category management organization model? As you know firsthand, an effective one is needed to meet your stakeholders’ expectations in today’s uncertain economic environment.

With emerging trends such as Environmental, Social, and Governance (ESG) practices, next-gen technologies, and cost optimization imperatives, category management structures need to continuously evolve to meet changing demands.

Join this webinar as our expert analysts discuss the crucial design factors in evolving procurement and category management organizations, covering aspects such as accountability structures, emerging roles and skillsets, governance, policies, and outsourcing adoption.

What questions will the webinar answer for the participants?

  • What are the various category management organization models prevalent in the market?
  • What are the factors that impact procurement and category management organizational structures?
  • How is resource management conducted in best-in-class procurement organizations?
  • How do organizations enable effective collaboration between category managers, suppliers, and business stakeholders?
  • How are emerging technologies affecting existing procurement structures?
  • What are the best practices in outsourcing procurement and category management?
  • How can effective category management structures help deal with uncertainties arising from shifting macroeconomic trends?

Who should attend?

  • CPOs
  • Category managers
  • Indirect sourcing leaders
  • Supplier management leaders
  • Strategic sourcing leaders

ProcureCon IT Sourcing Event 2023

EVENT

ProcureCon IT Sourcing 2023

June 26 - 27, 2023 |
Boston Marriott Copley Place, Boston, MA

Everest Group is a proud sponsor of ProcureCon IT Sourcing, taking place from June 26 – 27, 2023, at the Boston Marriott Copley Place, Boston, MA. Everest Group Partners Amy Fong and Achint Arora  will be hosting a Tech Negotiators Workshops at the event titled IT Services – What’s Working in 2023.

Register for this event

For those sourcing global services, the last few years have been a roller coaster, with talent shortages leading to previously unheard-of mid-contract cost increase requests. Join Everest Group analysts and your peers to talk about how buyers are successfully managing costs, talent, and locations decisions in IT services. We’ll discuss the following questions, plus your own challenges:

  • What is going on with attrition and retention at leading service providers?
  • Have price increases leveled out? Which roles still demand a premium?
  • Which five actions can enterprises take to achieve better cost optimization in a changing market?
  • Should we consider new locations onshore, nearshore, or offshore? 
  • What strategies should we be considering to support our organization’s digital transformation initiatives?

Register for this event

Hosted by:

  • Amy Fong, Partner, Sourcing and Vendor Management, Everest Group
  • Achint Arora, Partner, Pricing Assurance, Everest Group
  • Christina McLaughlin, Director, Category Strategy – Professional Services, Liberty Mutual Insurance

Where
Boston Marriott Copley Place, Boston, MA

Speakers

Fong Amy Refresh gray square
Amy Fong
Partner, Sourcing and Vendor Management, Everest Group
Arora Achint Refresh gray square
Achint Arora
Partner, Pricing Assurance, Everest Group
Aniruddha edited

The Future of Supplier Management: How Technology Can Be Your Competitive Advantage | Webinar

on-demand WEBINAR

The Future of Supplier Management: How Technology Can Be Your Competitive Advantage

Traditionally, most organizations have managed their suppliers through spreadsheets and outdated processes. But digital transformation is developing in this space, and organizations see the benefits of a technology-driven approach.

In this webinar, our experts will guide you through the process of designing a supplier management tech stack for your organization. We will discuss the challenges organizations face in adopting supplier management tools and how to overcome them, including budget constraints, lack of integration with existing ERP solutions, and operational issues. You’ll learn how to integrate technologies across the supplier management lifecycle and choose the right tools to enhance your supplier management function.

Join us to learn the types of tools available and how they offer different functionalities for supplier onboarding, risk management, performance management, and information management.

What questions will the webinar answer for the participants?

  • Which activities can be impacted by technology under supplier lifecycle management?
  • What are the technology adoption trends for supplier management activities?
  • What are the challenges enterprises face in adopting tools for supplier management activities?
  • How do organizations choose between best-of-breed and suite solutions?
  • How do organizations structure their supplier management technology stack?

Who should attend?

  • Supplier management technology providers
  • Chief growth officer
  • Analyst relations executives
  • Product managers
  • Sourcing and vendor management
  • CPOs
  • Indirect sourcing leads
  • Category managers
  • Sourcing risk managers
  • Supplier management technology providers
Fong Amy Refresh gray square
Partner
Malhotra_Bhanushee
Practice Director
Thunga Akash 1
Akash Thunga
Senior Analyst
Aniruddha edited

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