Tag: SVM

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

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

Image 2024 02 20 14 53 37
Head of Procurement, India
Philip Morris International
Malhotra_Bhanushee
Practice Director
Everest Group
Image 2024 02 20 14 54 00
Head of APAC Strategic Sourcing & Global Buying Center
Uber
Sharma Abhishek 1
Partner
Everest Group

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

ON-Demand Webinar

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

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
Lad Amit 1
Senior Analyst
Everest Group
Malhotra_Bhanushee
Practice Director
Everest Group
Thunga Akash
Senior Analyst
Everest Group
Aniruddha edited

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

Key Issues 2024: Creating Accelerated Value in a Dynamic World | Webinar

ON-DEMAND WEBINAR

Key Issues 2024: Creating Accelerated Value in a Dynamic World

In an era of ceaseless change, ever-evolving market dynamics, and an unrelenting demand for progress, the traditional pace of value creation is no longer enough. Creating accelerated value has become paramount for business leaders.

How do you achieve accelerated value? Enterprises must embrace innovation while effectively managing change. This approach will help businesses navigate rapid transformation while ensuring stability and sustainability.

Watch this webinar to gain valuable insights into the current perspectives of IT-BP industry leaders.

We discussed the major concerns, expectations, and trends for 2024 and provided recommendations on how to drive accelerated value from global services – helping position organizations to plan and align goals and succeed in 2024.

What questions has the webinar answered for the participants?

  • What are the key challenges and priorities and the outlook for global services in 2024?
  • What are the likely changes in sourcing spend, sourcing strategy (in-house vs. outsource), and locations?
  • Which digital services and next-generation capabilities are expected to be in demand?
  • How will generative AI impact the global services industry?
  • How are outsourcing deals, enterprises’ leverage of service providers, and bill rates expected to change?

Who should attend?

  • CIOs, CDOs, CTOs, CFOs, CPOs
  • Service providers
  • GBS / Shared services center heads
  • Global services leaders
  • Locations heads
Agarwalla Hrishi
Vice President
Malhotra Bhanushee
Practice Director
Mittal Alisha
Vice President
Ranjan Rajesh
Partner

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

 

Life Sciences Operations PEAK Matrix® Assessment

Life Sciences Operations

Over the past year, enterprises have had to overcome a series of macroeconomic and geopolitical challenges. The potential uncertainties with the implementation of the Inflation Regulation Act (IRA) and the rise in federal interest rates to curb inflation, compounded by an ongoing war resulting in the shifting of clinical trials from Russia and Ukraine, have forced enterprises to rethink their strategies. Further, the advent of generative, AI such as ChatGPT, will enable the biopharma and MedTech firms to repackage their offerings and provide cutting-edge technology and cost optimization.

To effectively serve evolving enterprise needs, service providers have invested in increasing the breadth and depth of their functionalities/offerings across the life sciences operations value chain. They have invested in a host of avenues, such as Decentralized Clinical Trials (DCT), with many Information Technology / Business Process Outsourcing (IT/BPOs) companies partnering with DCT providers. Further investments include analytics-driven tools for razor-sharp Healthcare Professional (HCP) profiling and targeting and the use of automation tools in areas such as Adverse Events (AE) intakes to rapidly evolve with the market needs.

Life Sciences Operations

What is in this PEAK Matrix® Report

In this research, we present a detailed assessment of 28 operations service providers featured on the Life Sciences Operations Services PEAK Matrix®. We provide a relative positioning and analysis of the providers’ market shares, along with our evaluation of their strengths and limitations. This report will enable enterprises to identify suitable service providers to manage the evolving needs of their businesses.
 
 

In this report, we provide:

  • The relative positioning of the providers on Everest Group’s PEAK Matrix® for Life Sciences Operations Services
  • A comparison of the providers’ capabilities and market shares
  • Everest Group’s analysis of the providers’ strengths and limitations

Scope:

  • Industry: life sciences BPS
  • Geography: global
  • The assessment is based on Everest Group’s annual RFI process for calendar year 2023, interactions with leading life sciences operations service providers, client reference checks, and an ongoing analysis of the life sciences operations market.

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What is the PEAK Matrix®?

The PEAK Matrix® provides an objective, data-driven assessment of service and technology providers based on their overall capability and market impact across different global services markets, classifying them into three categories: Leaders, Major Contenders, and Aspirants.

LEARN MORE ABOUT Top Service Providers

Supplier Diversity and Outsourced Services Spend: Advance Your Sourcing Strategy with Diverse Suppliers | Virtual Roundtable

Virtual Roundtable

Supplier Diversity and Outsourced Services Spend: Advance Your Sourcing Strategy with Diverse Suppliers

August 23, 2023 |
8:00 AM PT | 11:00 AM ET

Supplier diversity has evolved into a global strategic business imperative that can drive innovation and yield meaningful impact. Supplier diversity programs can positively influence outsourced services spend, and long-term success in the sourcing ecosystem in general, by strengthening supplier relationships through diversity and inclusion.

Join this virtual roundtable as thought leaders and our experts explore the best practices that sourcing leaders follow to measure the impact of supplier diversity programs, report on key metrics, and align supplier diversity efforts with business goals.

We’ll uncover the key aspects of supplier diversity, such as:  

  • How to leverage supplier diversity for innovation and business success and define a well-structured supplier diversity roadmap
  • How collaboration and partnership in supplier diversity strengthen supplier relationships
  • How to align supplier diversity with business goals and approaches for strategic integration of diverse suppliers
  • How to create an inclusive supplier ecosystem and pathways for diversity, equity, and inclusion among suppliers

Who should attend? 

  • Procurement leaders
  • Category managers
  • Sourcing managers
  • Sustainability leaders
  • Supplier diversity program 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.

Fong Amy Refresh gray square
Amy Fong
Partner
Soni Rita B
Rita N. Soni
Principal Analyst

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