• EBG | Webinar
  • EBG | Play
  • EBG | Summit
    • CPO Outlook 2022
    • Sourcing Outlook
    • Source 2 Pay Summit
  • EBG | Insight
  • EBG | Business Directory
  • About EBG | Network
    • Contact EBG | Network
    • Networking with EBG | Network
    • Privacy Policy

EBG | Network

Procurement and Finance Outlook Intelligence

EBG | Play: From re-active to pro-active spend visibility

September 28, 2016 By ebgnetwork

Spread the word

Vattenfall spend analytics webinar

EBG | Network are happy to be able to share the recorded webinar session held with Vattenfall, made possible by Qlik , in June. A big thank you to Sahar Shirzad and to everyone who joined (fully booked!).

The recording

View the recording below and stay tuned to upcoming Online Benchmark Sessions and webinars.

Live polls

During the webinar five polls were asked and here they are with some short reflections. Given that almost 100 persons from more than 70 practitioner organizations attended, the data is interesting to view.

How are you organized

The big centralization wave seen across the globe has affected procurement too. Lessons learned indicate more and more of procurement too (just like finance, HR, service desks etc) is centralized and possibly outsourced. Given that up to 70% of revenue is invested in external suppliers one can understand the drive to control and find value ad when possible.

How frequent access to data

This is an interesting question and given that the audience consisted of both private, state and public organizations, EBG give them a plus for the many real-time access answers! What is unknown is of course what type procurement (direct/indirect) is being measured and the quality of the data is also unknown. During another webinar EBG asked a series of questions about analytics (can be found here) and what was striking then was that although most had some kind of tool and access to data – 97% were not content with the data provided.

Cross referencing how these organizations are organized and how many responded they have real-time access give no clue – out of the 41% stating they have real-time access, 30% have a centralized and 37% a de-centralized procurement organization.

how-is-your-spend-classified

This was a question with clear “Sahar”-connotations, a question someone working daily with making sense of huge amounts of data would ask. Making sure spend is classified in a structured way making it possible to analyze. The “other” option seems to mainly be chosen by those not classifying at all yet or those embarking on a spend analysis journey.

Which KPI is most important

The KPI question is another given and gives instant feedback to those attending the session. Here the audience had to pick one, options submitted by Sahar. Not complete of course and there are lots of other KPIs used out there. Procurement performance and contract coverage being the winners here. The audience consisted of a mix of industries and thus type spend. The options included quality, delivery and cost saving KPIs.

challenges

The final poll consisted of one of the most interesting topics from a change management aspect. Looking at the top three challenges they all indicate the same thing. It is hard to change behavior and changing behavior is a must if those strategies most organizations have shall be a reality. Making it easy for the organization to comply and get engaged – since procurement is a company wide exercise – is a challenge for most. EBG know it is so and have therefore created a 2-day education starting this autumn focusing on >>Practical Change Management & Transformation. You bring your experiences and possibly a real business case and in return you will learn how to create the best possible basis – step by step – for reaching your strategies.

EBG | Network want to send a big thank you to Sahar and Vattenfall for sharing insights. And a big thank you to all who attended!


Spread the word

Trackbacks

  1. EBG | Webinar: What is augmented intelligence within the supply chain? | EBG Network says:
    January 4, 2018 at 1:19 pm

    […] sessions enabled by Qlik. How about learning more from Trelleborg, Stora Enso, Södersjukhuset or Vattenfall? Follow the links and enjoy! And then bring your questions to Paul in […]

EBG | Network was founded in 2010. A cross functional, end-to-end business network focusing on improved sales and forecasting, increased spend under management and financial supply chain control. EBG bring people together online and in person who can help each other grow and develop.

EBG is managed by Anna & Lars – partners in business and life. Contact us today with any type (business) related questions! Contact us using the LiveChat function below.

Anna & Lars are partners in business and life. Together we run EBG bringing together peers and experts in an informal yet to the point way.

Anna Bjarkerud

Anna Bjarkerud

anna@ebgnetwork.com +46 735819302

Anna & Lars are partners in business and life. Together we run EBG bringing together peers and experts in an informal yet to the point way.

Lars Bjarkerud

Lars Bjarkerud

lars@ebgnetwork.com +46733500343

Find what you are looking for

EBG | Webinar

EBG | Webinar: How can Procurement respond to uncertainty?

The past years have taught Rolls-Royce and all other companies to be prepared for anything. Demand management and supplier collaboration have become a strategic part of the business. Welcome to a webinar where Dave Fryer, Transformation Director, Direct Procurement Excellence at Rolls-Royce and Henrik Nyberg, Account Executive and Nordic Leader at Ivalua will look at […]

Newsletter opt-in – don’t miss out!

Name

Title

Company

Email-(only corporate addresses will be communicated with)

Leave this field empty
I agree to the processing of my personal data

CPO Outlook 2022 | October 12th & 13th | Stockholm & Online

Learn more about EBG Networking

Networking with EBG | Network

EBG | Business Directory – learn more about the market

EBG | Network will be listing competences and solutions in the area EBG work. Source 2 Pay is a broad area including everything from sourcing tools to cash management solutions. EBG do not help choose – but have a lot of material to share!

Follow the link below to the EBG | Business Directory

Clock the below link to enter the directory

EBG | Business Directory

Recent articles

Ericsson join CPO Outlook 2022

How much of your brainpower comes from your contingent workforce? EBG | Network welcome Ericsson who invite you who join CPO Outlook 2022 to a workshop to discuss process adherence. On October 13th you who join us in Stockholm can come together with a peer group led by Ericsson. Peers learning from peers and experts […]

Ikano Bank join CPO Outlook 2022

A warm welcome to Åsa Stoije, Head Of Sourcing and Procurement at Ikano Bank joining CPO Outlook 2022. On October 12th and 13th you who join us in Stockholm can choose her Theme Discussions, round table discussions. During an EBG summit the focus is on what peers and experts find important to share and discuss […]

Maersk Drilling join CPO Outlook 2022

EBG | Network welcome Grant Morrison, Director, Head of Category Management at Maersk Drilling to CPO Outlook 2022! Grant invite you who join us on October 12th and 13th in Stockholm to his Focused Theme Discussion. A session where a group of people will come together and dig really deep into a specified topic. In […]

Norden join CPO Outlook 2022

Procurement if often under staffed yet asked to have control over spend that is usually a huge part of corporate turnover. Being asked to help the business make informed decisions. Making sure supplies are secured and risk analyzed. Ensuring working capital is handled the best way possible. How do you achieve that and more if […]

EBG | Webinar: How can Procurement respond to uncertainty?

The past years have taught Rolls-Royce and all other companies to be prepared for anything. Demand management and supplier collaboration have become a strategic part of the business. Welcome to a webinar where Dave Fryer, Transformation Director, Direct Procurement Excellence at Rolls-Royce and Henrik Nyberg, Account Executive and Nordic Leader at Ivalua will look at […]

Join the EBG | Network

Copyright EBG | Network © 2010–2022 · Log in

This website uses cookies to improve your experience. You can opt-out if you wish Accept Reject Privacy Policy
Privacy & Cookies Policy

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Non-necessary
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
SAVE & ACCEPT