The role of technology in procurement

2015: The Role Of Technology In Procurement

The Webinar Will Start Shortly

Sunday, 15 March 2015 ● 16:30pm – 17:30pm (UAE)

Eric EvansEric Evans & Associates Ltd, Management Consultants

Housekeeping

• Slides will be available on our SlideShare page; the link will be emailed to you

• Recording of the webinar will be available to download; the link will be emailed to you

• Take the time to complete a post-webinar survey that will pop up at the end

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• You can type your questions throughout the session

• Time will be allocated in the end for the speaker to address your questions

Your Presenter

Eric EvansEric Evans & Associates Ltd, Management Consultants

Eric Evans has held Director level positions in the automotive, retail, fast moving consumer goods and healthcare sectors. He is the author of three books on procurement and negotiation, and a speaker on MBA programmes across Europe and the Gulf region.

As a management consultant, he has delivered improvement programmes in demand management and inventory management, and has coached organisations as they implement collaborative replenishment and customer-led approaches to demand management.

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The Changes in Recent Years

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Transactional Procurement

Procure to Pay is an expensive process consuming considerable time and resources – but adding little or no value

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Where do the benefits come from?

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Value Adding Procurement: Sourcing

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One of the most powerful features of ForecastPro

Is “Expert Selection” where the software tells you the

most accurate forecasting method and why

The programme can calculate confidence levels based on lower andupper figures input by the user

The programme also allows you to capture manual interventions and can then generate FVA data

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A Vision of the Possible

Mkt Intel

• Links to D&B

• Supplier Profiles

• Industry scoring / Z scores

SourceSelection

/ RFQ

• Auto bid cycles

• Internet quotes

• Bid history

Contracts / Negotiation

• File sharing

• Global database

• On line contract tool

Catalogues

• 3rd Party Hosting

• Buyer less options

• Punch out capability

Forecast

Planning

Approvals

• ERP linkages

•Automated flows

•Buyer-less process

•Electronic approvals

Req’s

Orders

•ERP integration

•Workflow mgt

•Skills matching

•Trading network access

Invoice

Accounts P

•E invoices

•Touch less approval & payment

•Workflow re-design

Payment

Banks

•BACS

•SWIFT

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On the horizon today

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The Next Five Years?• Procurement as a science based on analytics – a

need for new skills

• Due diligence “virtual” visits to international suppliers – touch and smell also likely

• More programmable computer decision making – linking forecasting systems with auto-buy processes

• Greater use of biometrics and RFID to track people and materials

• Automatic updating of inventory records based on POS technology

• Hack-proof IT systems

• The end of keyboard data entry

• The death of the desktop computer

• The extended enterprise with greater data availability along the supply chain and shared decision making

• Finally, the paperless office

Based on:

•Trends evident today

•Increasingly low cost computing

•Faster processor speeds

•Increasing use of cloud storage

•The “internet of everything”

•White Papers from experts such as IBM, CSC, Gartner and others

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Questions, Discussion

What are the drawbacks?

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