Editor’s Note: An archive of this webinar is available by clicking here; while the report that fueled my portion of it is available here (registration required at each)
A brief break from our Adoption series (which will continue tomorrow) to highlight our first event of the fall season – a webinar (registration link) on Wednesday, September 21 at 2 pm ET that is sponsored by Puridiom (a solution provide that is also a sponsor of this site).
For those of you who had the opportunity to read The CFO and the CPO: One World, Two Worldviews (described in this CPO Rising article here and available here with registration), this is the first opportunity I have had to discuss it in a forum that is open to the general public.
The webinar will focus on the issues of procurement performance and procurement value and the fundamental differences that exist between the average CFO and the CPO in their perspective and approach to these topics. As I do in the report, my presentation will address the issues of (1) savings and savings calculations (2) cash management and (2) procurement performance measurement and offer strategies that can help close the gap between how finance and procurement define and measure these areas.
Those that attend the webinar (free registration) will receive a free copy of the report.
Here is a description of the webinar:
The Measuring Stick: Strategies to Manage and Improve Procurement Performance
What is the standard of comparison when it comes to procurement performance? Do you know how to translate procurement savings into metrics that resonate with finance? Are you finding and taking advantage of all the opportunities that can come from a collaborative CPO/CFO partnership?
This web seminar will show you how to:
- Develop collaborative performance metrics
- Measure procurement performance using these metrics
- Align performance measurements and goals (CPO/CFO)
- Leverage opportunities and achieve leadership
Hosted by Supply & Demand Chain Executive, and featuring Puridiom
Date: Wednesday, September 21, 2011
Time: 11:00 am PT / 2:00 pm ET / 1:00 pm CT
Andrew Bartolini – Managing Partner & Chief Research Officer, Ardent Partners
Daniel Warn – Assistant Vice President – Head of Strategic Sourcing and Vendor Management, Blue Cross & Blue Shield of Rhode Island
Daniel Warn is leading the effort at Blue Cross & Blue Shield of Rhode Island (BCBSRI) to lower vendor related administrative and medical expenses, to help moderate health care costs for BCBSRI’s members and employers. Since joining BCBSRI in February of 2010, Dan has created a centralized strategic sourcing and vendor management function, delivered significant realized and cost avoidance savings and implemented an end-to-end hosted Purchase-to-Pay (P2P) System (Puridiom).
The webinar moderator will be Barry Hochfelder – Editor, Supply & Demand Chain Executive.
This webinar is sponsored by Puridiom, a leading Procure-to-Pay solution provider that offers the most comprehensive eProcurement software on Cloud and Licensed platforms for organizations of all sizes and industries. Since 1983, Puridiom has helped clients streamline the purchasing process, providing visibility and management of procurement spend with easy-to-use software and best-in-class procurement strategies.