The document outlines the agenda for the Ariba LIVE 2014 Financial Services Industry Track, which includes a panel discussion on procurement excellence in the financial services industry. The panel will feature representatives from ING, Union Bank, and MetaProcure discussing their organizations' procurement strategies and lessons learned. Breakout sessions will also cover innovation in financial services procurement and an industry roundtable.
21. Give Credit to everyone
It is amazing what you can accomplish if you do not care who
gets the credit.
Harry S. Truman
21
http://www.brainyquote.com/quotes/keywords/credit.html#ZFsb1lRxmriokPIv.99
Credit you give yourself is not worth having.
Irving Thalberg
22. Change Enablers
Leadership Team
Internal Rotation
Industry Expertise
Leadership
Organization /Infrastructure
Center led
Category expertise
Analytics
OGSM
Staffing / Personnel Development
Clear Vision and Mission
Individual development plans
Organized internal and external training program
23. Organization, Process and Technology
Organization Strategy
Alignment with Corporate Strategy and Objectives
Vision and Goal Setting
Resource Plan with Job Descriptions
Organizational Design
Skills Assessment
Development Plan & Training
Recruiting Plan
Individual Performance Metrics
Processes and Tools
Spend & Opportunity Assessment Toolkit
Strategic Sourcing Toolkit
Supplier Development Toolkit
24. Process Design
What key processes will the “new” procurement organization include?
Category Management
Sourcing Execution
Transactional Procurement
Supplier & Contract Management
In Source
Strategic Skills
Business Unit integration
Out Source
Transactions
Technology
One off transactional work
Aggregation drives value
*Sourcing Interest Group (SIG) Procurement Transformation on the Fast Track: Doing More with Less, February, 2010
Denali Group John Evans Managing Partner, Alpar Kamber Partner
25. Internal Team
Build cross-enterprise executive relationships
Current Goals and Objectives
3-year plans
Integration of Supplier strategy
Build spend teams to drive cross department savings
Activate Procurement steering committee
Supplier Relationship Management
Integration with LOB goals and objectives
Long-term savings development
Optimization of core supplier base
Dynamic Scorecarding with defined goals and objectives
About Union Bank. Highlight size of business. Key procurement spend categories. Spend Volume & Amount. Metrics are great! Explain how the procurement is organized (centralized, reporting to CFO etc..). Do direct and indirect procurement report under the same leadership or is it different.