Buyers Meeting Point procurement by Kelly Barner

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Kelly is the Managing Editor of Buyers Meeting Point. She has a unique perspective on procurement from her experience on both sides of the negotiation desk. She has led projects involving members of procurement, supplier and purchasing teams. She has practical skills in strategic sourcing program design and management, opportunity assessment, knowledge management, and custom taxonomy design and implementation. She also has direct sourcing experience in a number of product and service categories including: inventory fuel, location-based services, corrugated, and corporate purchasing cards. Kelly has her MBA as well as an MS in Library and Information Science.

Recommended Procurement Webinars Dec 11-22: Thinking Big and Living Large to Wrap up the Year

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This is my final set of event recommendations of the year, but because the events push into early next week, I’m doing a 2-week post. Believe it or not, there are already some events on the calendar for January 2018 and beyond. I wish everyone a wonderful holiday season! Click on the title of each recommended webinar below to view the full description and register.

 

BTW: If you haven’t already, sign up for our mailing list to be sure you get my weekly recommendations in your Inbox each Monday.

 

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Recommended Procurement Webinars Dec 4-8: Digital Transformation, the Future of Work, Real-time eProcurement

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Another busy week on the Buyers Meeting Point events calendar. As an FYI: I will be recommending events this week and next and then breaking until the events pick back up again the week of January 8. In addition to this week’s webinars, Market Dojo is hosting an eAuction Strategy Masterclass at the Birmingham Botanical Gardens. Click on the title of each recommended webinar below to view the full description and register.

BTW: If you haven’t already, sign up for our mailing list to be sure you get my weekly recommendations in your Inbox each Monday.

 

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Recommended Webinars for Nov 27 – Dec 1: Spend Analysis Tell All, Deconstructing AI, Supply Chain Performance

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This week is really busy – there are no signs of a year-end slowdown yet! In addition to the webinars taking place, ProcureCon Marketing is happening in New Orleans, LA and Procurement Leaders DITX is happening in London. Click on the title of each recommended webinar below to view the full description and register.

 

BTW: If you haven’t already, sign up for our mailing list to be sure you get my weekly recommendations in your Inbox each Monday.

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2017 is a Year for Big #Gratitude

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Five years ago, I started a tradition here at BMP – stopping to say thanks to all of the people and organizations that make it possible for me to live out my dream as a writer and procurement professional. This year is no different, although I can’t help but feel exceptional gratitude for the amazing year we are about to put into the books.

I am grateful beyond words (quite a feat given how much time I spend writing and talking) to all the people I crossed paths with this year – everyone I met in person and those of you that I will never meet but regularly engage with through the miracle of modern communications.

I wish you and your families a safe and happy Thanksgiving!

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Recommended Procurement Webinars November 20-24: Digital Labor, AI, CPOs Rising

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I have a bit of a ‘bone’ to pick with this week’s webinar hosts. Usually the week of Thanksgiving in the U.S. is a sleepy time – at least professionally. We all wind down Monday and Tuesday so that on Wednesday we are ready to load up the car and head for Grandma’s house. I was assuming that this year would be the same – including a quiet week for me. Not so much! This week's hosts may be 'turkeys' but their topics and speakers certainly aren't. Not only are there four events taking place on Tuesday, they all look fantastic! Click on the title of each recommended webinar below to view the full description and register.

 

BTW: If you haven’t already, sign up for our mailing list to be sure you get my weekly recommendations in your Inbox each Monday.

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Recommended Webinars for November 13-17: 2018 Prepping, the Supplier Experience, the BIG Finance Procurement Panel

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We may be approaching the end of the year (scary!!) but the webinar topics and speakers in our calendar show no signs of losing steam. This week we have three very forward-looking topics, one that literally looks at the year to come, one that considers the supplier experience, and one that may finally break the ice between procurement and finance. Click on the title of each recommended webinar below to view the full description and register.

 

BTW: If you haven’t already, sign up for our mailing list to be sure you get my weekly recommendations in your Inbox each Monday.

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Recommended Webinars for November 6-10: AI for CLM, Design Thinking, Advanced Category Management

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Whether it is by bringing in new technology, taking processes to the next level, or adopting a new approach to thinking through solutions, leading procurement professionals and teams are always pushing the envelope. This week’s webinars offer guidance and applied examples on all three. Click on the title of each recommended webinar below to view the full description and register.

BTW: If you haven’t already, sign up for our mailing list to be sure you get my weekly recommendations in your Inbox each Monday.

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Recommended Webinars for October 30-November 3: Procurement Apps, 2018 Risk Strategy, RPA

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This week is a little slower than the last two, but the topics are fantastic! The three webinars I’ve recommended below are forward looking different ways. From getting smarter through the use of procurement apps, planning our your 3rd party risk management strategy for 2018, and getting a realistic grasp on RPA adoption success, the future looks bright indeed! Click on the title of each recommended webinar below to view the full description and register.

 

BTW: If you haven’t already, sign up for our mailing list to be sure you get my weekly recommendations in your Inbox each Monday.

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Recommended Procurement Webinars for October 23-27: Bots, Branding, and things that go Bump in the Night

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Another busy week of events! 11 webinars and ProcureCon Pharma in Philadelphia Oct. 24-26. I’m also presenting a webinar this week, along with Jaggaer and WNS Denali: How can you control rogue marketing spend? We will have an honest (and humorous) conversation about the challenges procurement commonly faces with Marketing and make some recommendations to address them. Click on the title of each recommended webinar below to view the full description and register.

 

BTW: If you haven’t already, sign up for our mailing list to be sure you get my weekly recommendations in your Inbox each Monday.

 

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Recommended Procurement Webinars for October 16-20: Extended supply partners, Supply chain risk ROI, the High-end gig Economy

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After a quiet week last week, we’re ramping back up to a full schedule with 9 events taking place. And if you’re thinking a little further out, I’m presenting a webinar with Jaggaer and WNS Denali on October 26th: How can you control rogue marketing spend? Click on the title of each recommended webinar below to view the full description and register.

BTW: If you haven’t already, sign up for our mailing list to be sure you get my weekly recommendations in your Inbox each Monday.

 

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Recommended Procurement Webinars for October 9-13: IT Services and Superseding KPIs

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With the Columbus Day holiday (for some) in the U.S. on Monday, this week is a little quieter than last. There are four webinars this week and the rest of the month is already busy – so plan ahead! Click on the title of each recommended webinar below to view the full description and register.

BTW: If you haven’t already, sign up for our mailing list to be sure you get my weekly recommendations in your Inbox each Monday.

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Recommended Procurement Webinars for October 2-6: Global Pressures on Procurement & Supply Chain

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There are three in-person events taking place this week: the Proactis Spend Control Summit in London, Procurement Leaders’ Europe Forum in Amsterdam, and ISM-New York’s procurement appreciation event. On the virtual front, we have some new topics and some new hosts – my favorite combination. Click on the title of each recommended webinar below to view the full description and register. 

 

BTW: If you haven’t already, sign up for our mailing list to be sure you get my weekly recommendations in your Inbox each Monday.

 

Are You Ready? Preparing for EU Data Protection Regulation (SciExchange)

October 3, 11am ET

The EU Data Protection Regulation, better known as GDPR, becomes enforceable in May of 2018. In order to be in compliance, all companies that do business in the EU (whether they are headquartered there or not) must demonstrate that they protect the personal data of EU residents, including consumer data, customer data, employee data, and other third-party data, or face strict penalties. Andrew Gutierrez, Director of Contracts and Compliance at Science Exchange (a platform for outsourced R&D) will provide a general overview of what GDPR means to your organization as well as sharing key tips on GDPR compliance.

 

North Korea: The Supply Chain Perspective on What to expect and What to Do (S&DCE, resilinc)

October 3, 1pm ET

The entire world is anxiously watching to see what will happen with the steady, defiant escalation of North Korea’s nuclear capabilities – especially in the hands of their unpredictable leader, Kim Jong-un. While the US and EU do not have direct trade relations with North Korea, it would be wrong to assume that our supply chains are immune – especially given the role China (North Korea’s top trading partner) plays in the global economy. In this timely webinar, Resilinc is bringing together experts who can discuss the relevant geopolitical considerations and supply chain dependencies. (I’ve registered for this event.)

 

The State of ePayables 2017 (Ardent Partners, Bottomline Technologies)

October 4th, 2pm ET

After considering the precarious situation in North Korea, it may be a relief to focus on something as rational as the state of ePayables. In this webinar, Andrew Bartolini and members of the management team at Bottomline Technologies will discuss the changing role of AP and how technology can empower them to contribute to cash management, supplier relationships, and business intelligence.

 

 

CLICK HERE TO VISIT THE FULL BMP EVENTS CALENDAR

 

 

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Recommended Procurement Webinars for September 25-29: Corporate debt, Supplier risk relationships, Dynamic sourcing

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This week there are 14 webinars taking place! They cover everything from ‘Spend Analysis Unicorns’ to Microsoft’s ‘Reinvented’ manufacturing supply chain. Click on the title of each recommended webinar below to view the full description and register.

BTW: If you haven’t already, sign up for our mailing list to be sure you get my weekly recommendations in your Inbox each Monday.

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Recommended Procurement Webinars for September 18-22: Relationship Help, Spend Analysis, AI and Strategic Sourcing

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This week, ProcureCon Indirect West is taking place in Scottsdale, AZ. Two of the keynote speakers are good friends of BMP: Jules Ryan and Joanna Martinez. Be sure not to miss their presentations! As for my recommended virtual events, click on the title of each webinar below to view the full description and register.

BTW: If you haven’t already, sign up for our mailing list to be sure you get my weekly recommendations in your Inbox each Monday.

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Recommended Procurement Webinars for September 11-15: Digital buyers, Category management, State of AP

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After a one-week hiatus (presumably due to the Labor Day holiday in the U.S.), procurement events are back – with a vengeance! With Procurement Leaders in Boston on Wednesday and Thursday and 10 webinars, there is a lot of choose from. Click on the title of each webinar below to view the full description and register.

BTW: If you haven’t already, sign up for our mailing list to be sure you get my weekly recommendations in your Inbox each Monday.

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Recommended Procurement Webinars for August 28-September 1: Automation, Transparency, and Planning for Tomorrow

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This week all three of my recommended webinars have a futuristic angle to them. Rather than being intimidated by the newness and uncharted territory, jump in and learn as much as you can! Click on the title of the webinar below to view the full description and register.

BTW: If you haven’t already, sign up for our mailing list to be sure you get my weekly recommendations in your Inbox each Monday.

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Book Review: The LIVING Supply Chain

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In the new global era, speed and velocity are more important than everything else!” (p. 12)

The LIVING Supply Chain: The Evolving Imperative of Operating in Real Time by Rob Handfield and Tom Linton (Wiley, 2017) takes everything you know about ecosystems and Darwinian principles and applies it to supply chain management.

One of the most telling sections in the book is in the Preface where Handfield shares three major shifts affecting the digital economy (paraphrased here by me):

  1. Data is a natural resource (think raw material)
  2. Converting data into decisions is the key refinement process of the digital era
  3. Cognitive computing (human/machine interaction) will be a critical ‘relationship’

To me, these points are significant because they are NOT followed by something along the lines of “… and here is what all this means for supply chain.” Like the authors, we need to stop thinking of the supply chain as somehow separate or downstream from economic/digital trends. The supply chain is a fully integrated piece of the ecosystem – or should be – and must be managed as such. Every time we feel compelled to translate trends, priorities, forces into a supply chain-centric version, we obscure their meaning and slow the movement of information.

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Recommended Procurement Webinars for August 21-25: Growth, Long term P2P Success, Customer Centricity

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And just like that, the summer and the drought on webinars are coming to an end. Even though Labor day is another two weeks away in the U.S., schools are about to be back in session – for kids and for professionals! Click on the title of the webinar below to view the full description and register.

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Recommended Procurement Webinars for August 14 - 18: Handling Gender Issues at Work

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This week there are two webinars taking place in addition to ProcureCon Direct which is being held in California on Monday and Tuesday. Click on the title of the webinar below to view the full description and register.

BTW: If you haven’t already, sign up for our mailing list to be sure you get my weekly recommendations in your Inbox each Monday.

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Book Review: Mastering High Stakes Negotiations

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I cannot guarantee whether you will be successful after a well-prepared negotiation, but I can 100 percent guarantee failure or finding yourself outsmarted and in a concessionary position if you choose not to do a thorough prep prior to a negotiation.” (p. 38)

 

Mastering High Stakes Negotiations: Both Sides of the Table by Mark M. Bilgin, Ph. D. (BookLocker.com, 2017) is true to its title in that it lays out all of the considerations associated with the most critical, highest dollar value negotiations conducted. In an odd way, however, even meeting that high bar is still selling the book short.

If you are a people watcher, or a student of human behavior, you will absolutely love this book. I was immediately drawn in by the author’s use of case studies, both his own and the ‘outside’ experiences of others to illustrate in colorful but honest fashion the incentives and pitfalls associated with negotiation prep. Negotiation is, at its simplest level, the use of leverage, exchange, and (somewhat) predictable human behavior to bring parties together for their perceived benefit. As a result, you can not be a master negotiator without being aware of and interested in what people say and do. That may come as a great relief to anyone that still thinks negotiation is about aggressively dominating ‘them’ to get what is best for yourself at any cost.

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