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2015: The Role Of Technology In
Procurement
The Webinar Will Start Shortly
Sunday, 15 March 2015 ● 16:30pm – 17:30pm (UAE)
Eric Evans
Eric 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
•
• 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 Evans
Eric 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.
4
The Changes in Recent Years
5
Transactional
Procurement
Procure to Pay is an expensive
process consuming considerable
time and resources – but adding
little or no value
6
Where do the benefits come from?
7
8
Value Adding Procurement: Sourcing
9
10
11
12
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 and
upper figures input by the user
The programme also allows you to capture manual
interventions and can then generate FVA data
13
A Vision of the Possible
Mkt Intel
• Links to D&B
• Supplier Profiles
• Industry scoring / Z scores
Source
Selection
/ 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
14
On the horizon today
15
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
16
Questions, Discussion
What are the drawbacks?
17

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The role of technology in procurement

  • 1. 2015: The Role Of Technology In Procurement The Webinar Will Start Shortly Sunday, 15 March 2015 ● 16:30pm – 17:30pm (UAE) Eric Evans Eric Evans & Associates Ltd, Management Consultants
  • 2. 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 • • You can type your questions throughout the session • Time will be allocated in the end for the speaker to address your questions
  • 3. Your Presenter Eric Evans Eric 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.
  • 4. 4
  • 5. The Changes in Recent Years 5
  • 6. Transactional Procurement Procure to Pay is an expensive process consuming considerable time and resources – but adding little or no value 6
  • 7. Where do the benefits come from? 7
  • 8. 8
  • 10. 10
  • 11. 11
  • 12. 12
  • 13. 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 and upper figures input by the user The programme also allows you to capture manual interventions and can then generate FVA data 13
  • 14. A Vision of the Possible Mkt Intel • Links to D&B • Supplier Profiles • Industry scoring / Z scores Source Selection / 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 14
  • 15. On the horizon today 15
  • 16. 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 16
  • 17. Questions, Discussion What are the drawbacks? 17