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"The Point" is written by BMP Editor Kelly Barner as well as a diverse group of guest contributors.

Recommended Webinars January 13-17: 2020 Contracts, Successful Supplier Collaboration and AI for Inventory Management

Happy new year everyone! We’re officially back after a holiday break that was far busier than I would have expected. Not only are there quite a few events listed for January, I’ve already been adding events to February.

If you are planning your webinar schedule further ahead, I recommend ‘Managing Risk in the Next Decade’from riskmethods’ General Manager of North America Bill DeMartino on January 21st.

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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An Introduction to SOW Management, Part 2

In part 1 of this series, we explained SOW management and described the common challenges currently face with it. In this post, we will describe the benefits of outsourcing SOW management to the organization as a whole and to the many individual stakeholder groups.

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An Introduction to SOW Management, Part 1

Billions of dollars are spent annually on Statement of Work (SOW) projects. Yet, despite this considerable financial investment, many organizations are attempting to manage this area through overburdened internal resources and/or ill-fitting ERP, SMS or HRM systems – if they’re capturing the details of SOW spend at all. 

As a result, many stakeholders and influencers across the contingent workforce management ecosystem are faced with the daunting challenge of not only trying to centralize SOW management, but also to capitalize on benefits such as enhanced visibility and reporting, risk mitigation, rate benchmarking, improved cost control, etc. 

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Recommended Webinars December 2-6: The Business of Trust and the Psychology of Change

Procurement isn’t leaving anything on the table as we wind down the year. I added 8 new webinars to the calendar this week and all of them take place between now and the third week of December. If you’re planning your webinar schedule a little further out, I recommend “5 Key Procurement Trends to Embrace in 2020” on December 11th at 5am ET (10am GMT) from riskmethods and Sievo.

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 November 18-22: Procurement Vision, Digital Readiness and Next Level Contract Management

The pace of the year will really pick up from here… I won’t have any recommendations next week because of the Thanksgiving holiday in the US, and then there are just three weeks of events left in the year. December is starting to fill in, so take a look ahead – there are some great events up already.

In particular, I recommend “The Psychology of Change” being hosted by The Myers-Briggs organization on December 5th. While it isn’t specifically for a procurement audience, it is a great opportunity to think about change management from a group and individual personality perspective.

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 Sept 30-Oct 4: Supplier-led Innovation and Increasing Contract Compliance with AI

Although I added 7 new events to the calendar this week, nearly all of them are in the second week of October. If you are planning your webinar schedule further out than this week, take a look at “The 2020 Digital Procurement Mandate: 8 Ways to Optimize Sourcing While Avoiding Production Risks“ from ScoutBee, a team I’ve gotten to know over the last few months.

Finally, a reminder that The New England Supply Chain Conference and Exposition (or NESCON) is taking place Monday, October 7th in Marlborough, MA – outside of Boston. I’ll be there in person along with some familiar faces, so please reach out if you plan to be onsite!

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 August 19-30: Ditching Contact Management, 3rd Party Risk, Single Source of Truth, Negotiations with Less Stress

This week we are running a “2 for 1” special with our weekly coverage of procurement industry webinars. The following events take place in the last 2 weeks of August. If you happen to be planning a little further out, I’m going to be onsite at NESCON (the New England Supply Chain Conference & Exhibition) on October 7th – so look for more about that event in the coming weeks. If you’re planning to attend, let me know so we can connect!

If you are planning your webinar schedule beyond this week, I recommend “Virtual Procurement and the C-Level CPO” from Tradeshift’s Roy Anderson on September 10th.

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 (although there won’t be an email on August 26th).

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Recommended Procurement Webinars July 8-12: AI Driven Contracts and 60 Day Source to Pay

We’re back from the 4th of July holiday in the US, which pretty much shut everything down for a full week. And while there are only 4 events on the calendar for this week, I added 11 events for the month on Friday. The week of July 22-26 is shaping up to be a busy one.

If you are planning your webinar schedule beyond this week, I recommend ‘The Big Procurement Makeover Debate: Why Procurement Struggles to Deliver Value Beyond Cost-Reduction’ from HfS Research, Horizon Blue Cross Blue Shield of NJ and IBM on July 25th at 11am ET.

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 March 11-15: Beyond Trends, CLM to Stand the Test of Time, and Gig Economy Spend

As we crawl towards spring, there are plenty of webinars taking place, but also some live events happening over the next few weeks. ProcureCon Indirect East is Florida on March 25-27 and Ariba Live is in Austin, Texas April 1-3.

If you are planning your webinar schedule beyond this week, I recommend a new listing from HfS Research on March 28th at 11am ET: ‘Integrated Automation: Why You’ve Been Doing It All Wrong’. This panel formal webinar will feature speakers from HfS, KPMG, and a ‘mystery’ Chief Data Officer “To be Announced”.

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 Feb 25 – March 1: Contract Robots, Contract Economics, Sales and Use Tax in Contracts

We have another busy week on the calendar with a focus on - contracts! All three of this week’s picks take a completely different look at the topic, from automation to economics to the incorporation of taxes. If you are planning your webinar schedule further in advance, I recommend ‘What happens after due diligence? Don’t stop there.’ from LexisNexis on March 5th.

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 October 8-12: Ongoing Applied Learning and Cross-functional Contract Management

This week’s webinars present another interesting combinations that are likely to be top of mind for leading procurement professionals. If you’re looking for something really different, I invite you to join #TakeActionOctober – this is an initiative started by my colleague and good friend Phil Ideson (Art of Procurement). Every day he posts a 5 minute podcast that includes a great message and an “action challenge”. I did it all last week, and it really is an enjoyable way to spend a few minutes a day. If you’re interested, it isn’t too late to get caught up. The full list of #TakeAction micro-pods can be accessed here.

If you’re looking to plan your webinar schedule beyond this week, I recommend 'Integrating Supplier Risk Management into Your Procurement Processes' from SIG and SAPAriba on October 25th. In a rare webinar appearance, we’ll get to hear from Harold Good, Procurement Advisor, Futurist and Influencer for Procurement Pros Group LLC – although you probably know him better as @Hal_Good, Twitter influencer extraordinaire.

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 September 3-7: Catalyst Action Planning, Digital Contract Management and Chilean Wine!

I thought this week might be so quiet that there wouldn’t be any webinars to recommend… Wrong-O! Monday will be a ghost town in most of the U.S. because of the Labor Day holiday, but things pick right back up for the rest of the week. Next week is already busy too, with 8 webinars and one conference already on the calendar.

If you’re planning a little further out, I invite you to spend an hour of time with Phil Ideson (Art of Procurement) and I on September 11th or 12th. We’ve scheduled 3 live, virtual workshops that cover every conceivable time zone, so you really have no excuse not to be at one! By the end of the hour, you’ll have completed your own unique procurement catalyst plan for action – so have a pen and paper handy! Click here for more information.

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 April 30 – May 4: Automation, Automation, AUTOMATION!

There are four webinars on the calendar this week and three of them deal with different aspects of automation. Clearly we have reached the point where automation (AI, machine learning, cognitive computing, etc.) are far more than futuristic trends. Time to make sure you are educated for the conversations going on in your organization.

If you like to plan further ahead, I recommend a May 23rd webinar from Supply Chain Now Radio, APICS Atlanta and Talent Stream, “Business Intelligence & Advanced Analytics.” 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 Feb 26 – March 2: Automated Contracts and Supplier Financial Health

This is a sleepy week after last week’s flurry of webinars and conferences. If you are interested in a ‘long shot’ webinar worth considering, I recommend “Artificial Intelligence - Changing the Landscape of Due Diligence and Monitoring” from ISM and LexisNexis on March 8th at 2pm ET. 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 Jan 29 – Feb 2: Contract Management, 2018 Trends, and Supply Chain Visibility

My recommendations for this week are below, but if you’d like a ‘long shot’ event worth considering, I recommend ‘Insights on Improving Business Spend Management in 2018’ from Coupa and CFO.com on February 23rd at 12n ET. 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

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 Procurement Webinars for May 8 - 12: Collaboration, Contract Risk, Fast-tracked Supply Chain Risk Management

This week, ProcureCon Travel is taking place in Henderson, NV Sunday through Tuesday. May is quickly filling up and this week I started adding events in June. Take a quick look and register for an upcoming event or two. 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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Achieving World-Class Procurement: The Steps Leading Companies are Taking to Optimize their Procurement Teams

In today’s competitive market landscape, simply having a centralized procurement organization is only the first step to better managed supplier relationships and spend. Leading organizations are quickly realizing that procurement and sourcing groups can offer far more value than tactical support. World-class procurement groups aren’t focused on processing POs and fulfilling orders. Rather, they’re focused on supporting each business unit at a strategic level.

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Guest — Asif Khan
Ken, Great Blog. I think the way of the future of procurement is creating savings from decentralised procurement. By allowing com... Read More
Friday, 17 March 2017 06:07
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2016 Nobel Prize for Economics Goes to: Contract Theory

I live in the Boston area, so when the 2016 Nobel Prize for Economics was awarded to Dr. Bengt Holmstrom, a professor at the Massachusetts Institute of Technology, and Dr. Oliver Hart, a professor at Harvard, it made a considerable splash in the local news. I love economics in action, so I started reading more - but I never expected to find contracts as the center of their work.

Each of the newly selected Nobel laureates has a different area of focus, but both are relevant to procurement and supply chain professionals.

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Best Procurement and Supply Chain Webinars 8/22 - 26

The following events are the ones I recommend attending this week out of all the webinars taking palce. Click on the title of each event below to view the full description in our events calendar and to connect to their registration pages.

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