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You need to enable JavaScript to run this app. * Agenda * Community * Sponsors 08.03 Favorites Session Type 1:50PM Your Local Time (GMT) Kicking off FORGE: Dollars & Sense Welcome to Forge! Find out what we've got lined up for today and a special thank you to all of our sponsors. Read more Mike Cadieux, Founder & CEO @ Procurement Foundry Main Stage Plenary Thanks to our sponsors: Tealbook Vendr Zylo Welcome to Forge! Find out what we've got lined up for today and a special thank you to all of our sponsors. 2:00PM Your Local Time (GMT) The next big paradigm shift - the impact and roles of AI, ML, ChatGPT and emerging technologies on procurement • How do we create value, what value really is, what technologies are doing to disrupt, components of our work are affected, and what to do about it • How is ChatGPT used to decode/translate procurement regulations and also to search for bias or artificial barriers in solicitation language • How do you get intelligence into procurement - AI and sourcing decisions • How can you leverage AI systems to make sourcing decisions quicker and better • How do you use ChatGPT smart? • How can you use such systems to increase compliance of sourcing decisions, e.g. relevant for public organisations. Why are organizations afraid of this and the risks associated with it? • Use- cases of AI/ML in procurement • AI policy - when and under what conditions can it be used for business purposes • How do you protect your IP in the era of ChatGPT and other public AI/ML platforms • Understanding how AI is being leveraged in technology to support procurement • How do we use AI tools eg ChatGPT & platforms? • At what point will AI take the role of the professional? • How are companies using this new level of intelligence for procurement organisations Read more Tracy Ring, Chief Data Officer and Global Generative AI Lead - Life Sciences @ Accenture Lawrence Kane, Sr. Director Procurement @ Transamerica Cheryl Katz, Director, Strategic Sourcing @ Synovus Herve Legenvre, Professor and Director of the Value Creation Observatory @ EIPM Main Stage PanelPlenary Sponsored By: Vendr • How do we create value, what value really is, what technologies are doing to disrupt, components of our work are affected, and what to do about it • How is ChatGPT used to decode/translate procurement regulations and also to search for bias or artificial barriers in solicitation language • How do you get intelligence into procurement - AI and sourcing decisions • How can you leverage AI systems to make sourcing decisions quicker and better • How do you use ChatGPT smart? • How can you use such systems to increase compliance of sourcing decisions, e.g. relevant for public organisations. Why are organizations afraid of this and the risks associated with it? • Use- cases of AI/ML in procurement • AI policy - when and under what conditions can it be used for business purposes • How do you protect your IP in the era of ChatGPT and other public AI/ML platforms • Understanding how AI is being leveraged in technology to support procurement • How do we use AI tools eg ChatGPT & platforms? • At what point will AI take the role of the professional? • How are companies using this new level of intelligence for procurement organisations Read more 2:40PM Your Local Time (GMT) A data first approach to transforming procurement We’ve heard from the market – CPOs, consultants, and sourcing teams – they all recognize that, without good data, visibility into supply base and connectivity across the ecosystem, the digital transformation we are hoping for cannot materialize, and the big targets we set for procurement fall short. Stephany Lapierre, Founder and CEO of TealBook, will address the biggest thorn in procurement’s side – bad data – and show how using a data-first approach will help you deliver on strategic procurement initiatives. Join this session to learn how procurement teams can achieve good data quality at scale to drive business outcomes and successfully achieve their digital procurement transformation. Read more Stephany Lapierre, CEO and Founder @ TealBook Main Stage Plenary Sponsored By: Tealbook We’ve heard from the market – CPOs, consultants, and sourcing teams – they all recognize that, without good data, visibility into supply base and connectivity across the ecosystem, the digital transformation we are hoping for cannot materialize, and the big targets we set for procurement fall short. Stephany Lapierre, Founder and CEO of TealBook, will address the biggest thorn in procurement’s side – bad data – and show how using a data-first approach will help you deliver on strategic procurement initiatives. Join this session to learn how procurement teams can achieve good data quality at scale to drive business outcomes and successfully achieve their digital procurement transformation. Read more 3:10PM Your Local Time (GMT) Grab a quick coffee and hurry back 3:15PM Your Local Time (GMT) Showcase: TealBook Hop into a demo with TealBook and see how their new Supplier Data Platform can help you meet your goals. Read more Jack Gale, Sales Director @ TealBook Vendor Showcase Vendor Showcase Sponsored By: Tealbook Limited Showcase: Vendr Hop into a showcase with Vendr and hear useful insight into how their tech can help you move forward. Read more Vendor Showcase Vendor Showcase Sponsored By: Vendr Limited Showcase: Zylo What can Zylo help you advance? Join them for a quick demo to find out more. Read more Vendor Showcase Vendor Showcase Sponsored By: Zylo Limited 3:35PM Your Local Time (GMT) Digital transformation – first generation There is the assumption that all organizations have the tools. How about if you’re just getting started? • Tips and tricks from a company that has just put their spend analysis or P2P and learnings from that experience • How is procurement addressing digital change and transformation inside the business they support? • What are the most pressing challenges procurement teams are seeing when moving toward digital tools to run the business? • How are the procurement teams overcoming those challenges and tips on change management Read more Breakout Breakout Digital transformation – second generation We are now moving on from what solution we take and asking how do we now work with the consequences of digitalization? • Now that there are less people to do manual work how do we reposition and evolve the organization? • What’s new about procurement? What new technologies such as AI/ ML/ ChatGPT, etc. are reshaping the procurement landscape • How do we upgrade skills and think of the organization in a different way? • Which tools should be swapped out? • Procurement analytics - the age of static dashboards is over!! What are some emerging trends leveraging AI/ML/ GPT in driving speed to insight Read more Melissa Drew, Associate Partner, Finance & Supply Chain Transformation @ IBM Breakout Breakout 4:05PM Your Local Time (GMT) Cost reduction strategies - sharing practical ways to mitigate inflation impact while reducing costs and maintaining quality and efficiency • Cost and inflation - companies have learned to change their energy costs, so what’s new? • Insourcing – is this seen as less jobs for suppliers? • Price in cost and savings during inflation • Where to strategically focus your attention to get maximum cost savings in a down market Read more Ash Shetty, CPO @ Montgomery County Government Jonathan Townsley, Senior Business Partner, Global Procurement @ Sterling Main Stage PanelPlenary Sponsored By: Tealbook Vendr Zylo • Cost and inflation - companies have learned to change their energy costs, so what’s new? • Insourcing – is this seen as less jobs for suppliers? • Price in cost and savings during inflation • Where to strategically focus your attention to get maximum cost savings in a down market 4:45PM Your Local Time (GMT) Take a lunch break 5:00PM Your Local Time (GMT) Now that we have a seat at the table, what do we do with it? We are hearing more about what to do at the seat of the table. Through the pandemic companies saw the value of procurement as we delivered. This caused executives not to ignore the value procurement is bringing. More procurement leadership positions are being opened especially in the indirect space. Procurement reports to the CFO – now we have the opportunity to more directly influence C-suite and provide more strategic influence and guidance to the business units themselves. That guidance can be in the form of helping to develop a spend strategy that is aligned to their business strategy and the enterprise as a while. What we need: o Business strategy. Generally, procurement is not in the room when this happens but by more effectively influencing the C-Suite we can get there. We then need to take the opportunity to provide the strategic guidance to help develop a comprehensive spend strategy. o More Indirect procurement leadership roles are opening signalling that businesses are starting to ask us to sit at the table • What best or next practices is procurement using to stay closer connected to its internal business stakeholders • Are we aligning with our stakeholders in different and unique ways to bring about results? • What are stakeholders telling Procurement is important to them and how do they like to communicate? Read more Main Stage PanelPlenary Sponsored By: Tealbook Vendr Zylo We are hearing more about what to do at the seat of the table. Through the pandemic companies saw the value of procurement as we delivered. This caused executives not to ignore the value procurement is bringing. More procurement leadership positions are being opened especially in the indirect space. Procurement reports to the CFO – now we have the opportunity to more directly influence C-suite and provide more strategic influence and guidance to the business units themselves. That guidance can be in the form of helping to develop a spend strategy that is aligned to their business strategy and the enterprise as a while. What we need: o Business strategy. Generally, procurement is not in the room when this happens but by more effectively influencing the C-Suite we can get there. We then need to take the opportunity to provide the strategic guidance to help develop a comprehensive spend strategy. o More Indirect procurement leadership roles are opening signalling that businesses are starting to ask us to sit at the table • What best or next practices is procurement using to stay closer connected to its internal business stakeholders • Are we aligning with our stakeholders in different and unique ways to bring about results? • What are stakeholders telling Procurement is important to them and how do they like to communicate? Read more 5:30PM Your Local Time (GMT) How is the global economy affecting supply chains and how are they affecting the way in which you do your job? • Do we need to be more creative? Are you finding that you are using/need more data to do your job? • Are you focused on costs and savings or adding value? Do you look at total cost of ownership? Why is that important for you and your company? • Do we need to do more supplier performance and relationship management or change how we are working with suppliers? • Scenario planning for upcoming economic uncertainty Read more Susan Patrick Harris, Vice President Procurement & Accounts Payable (P2P) @ Wellpath Breakout Breakout How to scale a procurement team in a down market Doing more with less - since coming out of the pandemic and the new economic environment we are doing more with less • We have more generalists to do different areas – will that shift stay? • How as procurement organisations do we do more with less – how do we make that work? • Or is there a paradigm shift in organization structure and design coming? • How to get funding for projects in a down market Read more Breakout Breakout Reshoring – rethinking global supply chains Time to Act. That’s what many companies are feeling now that manufacturing risks and vulnerabilities have been exposed by the pandemic. Parts shipments have been delayed from Asia. Freight rates are volatile. Markets have changed and demand has shifted wildly. The economy is uncertain. Geopolitics are unstable. • What do we do now? • What is the current state of global manufacturing, the possibility of nearshoring and reshoring, and the rebuilding of your domestic supply chain. It’s time to rebuild manufacturing in America Read more Rosemary Coates, Executive Director @ Reshoring Institute Breakout Breakout 6:05PM Your Local Time (GMT) Future of supply chain shortages from a geological strategist viewpoint * How to ensure that the supply chain can deliver as still to date we clearing up messes from the pandemic - capacity is growing but pricing is holding * Overcoming the struggle to meet demands in certain areas – such as energy - therefore if energy is scarce how would it affect production? * If the situation becomes long term, could you keep paying these premium prices long term? * Demographic shift – baby boomers are now retiring. In China in the future, they may not have enough workers at the rate you expect them to produce. Where do we go then as they have the manufacturing infrastructure? How and when will that impact the supply chain? * As we proceed from the pandemic and we have ‘normalized’ – we still have the war in Ukraine – are you still seeing supply shortages? * How is this affecting your business and how do you do your job every day? * What are you doing to mitigate the supply chain disruption? Read more Breakout Breakout Risk management in procurement inclusive of Third Party Risk and addressing potential risks across the supply chain Since 2020 risk management is still at the top of the agenda. Companies working with risk management have extended to a point in the fact that more digital is used. • Mapping supply chain beyond Tier 2 and Tier 3 • The role of the supply chain management relation in addressing the risk • How is technology being used for early warning signals and monitoring of the supply chain in real time • Strategic sourcing and supplier risk management – how to select suppliers strategically to build effective and mutually beneficial relationships in the current economic and regulatory environment • Who they are • Delivery and security • Sustainability • Legal requirements Read more Bill Browning, Director of Procurement @ 6sense Breakout Breakout 6:30PM Your Local Time (GMT) How procurement can support sustainability, ESG initiatives, and ensure inclusivity in procurement selection • Sustainable procurement practices – the role of procurement in sustainable business practices and the importance of ESG in procurement / category strategies • New regulations update • Diversity, inclusion and procurement • How media investments can help decisions to achieve a broader corporation ESG goals • Sustainability decarbonization - the biggest challenges are commitment and measurement. But how do you get progress? • Decarbonisation - how to move from measurement to action • How to scale future solutions • Decarbonization and supply chain - how to deliver net zero road maps beyond data gathering • How to incentivise your supply chain to deliver carbon reduction Read more Rebecca Goosen, Head of Supply Chain Sustainability @ Schroders Mat Langley, Global Head of Procurement ESG @ CBRE Main Stage PanelPlenary Sponsored By: Tealbook Vendr Zylo • Sustainable procurement practices – the role of procurement in sustainable business practices and the importance of ESG in procurement / category strategies • New regulations update • Diversity, inclusion and procurement • How media investments can help decisions to achieve a broader corporation ESG goals • Sustainability decarbonization - the biggest challenges are commitment and measurement. But how do you get progress? • Decarbonisation - how to move from measurement to action • How to scale future solutions • Decarbonization and supply chain - how to deliver net zero road maps beyond data gathering • How to incentivise your supply chain to deliver carbon reduction Read more 7:10PM Your Local Time (GMT) Close of Dollars & Sense 2023 & thank you for coming! Mike Cadieux, Founder & CEO @ Procurement Foundry Claire Barnes, Head of Events @ Procurement Foundry Main Stage Plenary Thank you to our sponsors: Tealbook Vendr Zylo Messages Meetings