What do you get when you gather three men and a woman to discuss how to tackle current issues in the supply chain? Considering and creating a checklist to develop ahead? You get an energized session filled with reflections and concrete touch points for You who work with procurement and your supply chain.
Find solutions, think about your contracts as marriage guidance, not a prenup for a divorce, and then build them to support the way that we’re all going to need to work slightly differently going forward.
Moderator Anna Bjärkerud, Founder & Managing Director, EBG took us through a session where an expert panel including Richard Beaumont, Former CPO at The Co-Operative Bank, Martin Mohr, Regional Vice President – Business Development EMEA at Icertis and Haydn Jones, Director – Senior Blockchain Market Specialist at PwC shared practical steps needed to craft a strategy that is best suited to address today’s climate and give future control.
Commercial Risks: Collaborative Solutions On Demand
To re-view the session simply go >>here or click the image below.
From the top left you have Martin Mohr, Regional Vice President – Business Development EMEA at Icertis, to his right you see Richard Beaumont, Former CPO at The Co-Operative Bank, bottom left our Anna Bjärkerud and to her right Haydn Jones, Director – Senior Blockchain Market Specialist at PwC.
Reflections from the past months
Commercial relationships are stopped.
There is a problem in the flow of cash in currency and capital. There is a lack of visibility of what is going on in different countries. There is completely disruptive restrictions of borders in terms of what can move and how it can move and stuck in the middle of all of that.
Our commercial, legal, procurement, supply chain teams, trying to get visibility of what’s happening, and struggling in the face of everybody else, trying to do it at the same time.Transcript from Commercial Risks: Collaborative Solutions
And you know, in all of our countries, wherever we are, there’s some great examples. If we look at medical equipment, that has been in demand by everybody. At the same time, pretty much all from the same suppliers…
And now we’re trying to work out whether or not we can get it and frantically we’re looking around for our contracts, a lot of commercial agreements to work out, who’s got to do what, to try and unpick it?
And I don’t think it’s an understatement to say that on a scale of big, real, hairy challenges – this is right up there.
How do You work with your commercial agreements in times of crisis?
Icertis, the leading enterprise contract management platform in the cloud, solves the hardest contract management problems on the easiest to use platform. With Icertis, companies accelerate their business by increasing contract velocity, protect against risk by ensuring regulatory and policy compliance, and optimize their commercial relationships by maximizing revenue and reducing costs. The AI-infused Icertis Contract Management (ICM) platform is used by companies like Airbus, Cognizant, Daimler, Microsoft and Sanofi to manage 6.5 million contracts in 40+ languages across 90+ countries.
Come meet or “meet” Icertis October 7th and 8th
On October 7th, EBG host the 10th annual Source 2 Pay Summit based out of Stockholm. Choose to join on-site or online – as will all speakers, moderators and attendees be able to. Quality networking will still take place – bringing people who might not otherwise have met together is what EBG have done for 10 years straight. So also now.
On the 7th you can join us and discuss the below with Icertis. There a re only a few seats left. This summit is not open for all since round table discussions cannot take place with too many joining – on-site or online.
On the 8th – at Sourcing Outlook 2020 – you can also join Rajeev for informal yet to the point Theme Discussions. The topic is in the making, taking all aspects of what has happened the past months into account!
All in all you register as usual. You do not have to decide now if you want to join on-site or online. EBG | Network will enable you to meet with peers and experts in an informal setting in either case since we believe this is just what you need.