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Procurement and Finance Outlook Intelligence

Sourcing Outlook 2019 snap shot

October 24, 2019 By ebgnetwork

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A few weeks has passed but the memory will take a while to fade. The third annual Sourcing Outlook took place in Stockholm on October 10th and reflecting upon what was said and shared is humbling.

Want to know what it looked like at Sourcing Outlook 2019? Take a look at the Post Summit Report to get an idea. Of course EBG cannot capture all that took place but hopefully you get an idea of the format and what was discussed.

Sourcing Outlook 2020

Next years Sourcing Outlook will take place on October 8th in Stockholm – save the date! Do You have experiences you want to discuss with peers or solutions and knowledge you want to share – contact Lars today via lars(at)ebgnetwork.com.

Sourcing Outlook 2019 LinkedIn bits and pieces

An EBG conference is the sum of all attending, it takes some effort both from delegates joining the conference and not the least from moderators hosting Theme Discussions (round table discussions). EBG work hard preparing all moderators prior based on ten years of experience but at the very end it is up to the moderators and participants to make the most out of what is offered.

A quite unique possibility to learn from not only moderating companies but also from the others attending. Thank you to all speakers and moderators who joined Sourcing Outlook 2019!

Sourcing Outlook 2019

All attending EBG summits are very busy. All are expected to do more with less, to help grow businesses in constant change and to help reduce cost and become increasingly agile.

In 2019 it was very evident that large “Nordic” companies take sustainability very seriously and EBG are proud to say that the targets set are very high, even a leading star for other global organizations.

Digitizing strategies and processes is still a hot topic but EBG are very pleased to be a part of connecting the dots beween strategy and outcome. Are you digitizing to become faster and/or to ad value to the business?

Take a look at the Post Summit Report, each EBG summit is a summary of what is relevant and high on companies agendas right now as all topics are created by the moderators themselves.

Expert Organizations

EBG are happy to be a part of introducing market leading solutions and technology to the Nordic region. Consultants enabling You to fulfill those strategies. The 2019 expert organizations consisted of the below companies.

About EcoVadis

EcoVadis is the world’s most trusted provider of business sustainability ratings, intelligence and collaborative performance improvement tools for global supply chains. Backed by a powerful technology platform and a global team of domain experts, EcoVadis’ easy-to-use and actionable sustainability scorecards provide detailed insight into environmental, social and ethical risks across 198 purchasing categories and 155 countries. Industry leaders such as Johnson & Johnson, Verizon, L’Oréal, Subway, Nestlé, Salesforce, Michelin and BASF are among the more than 55,000 businesses on the EcoVadis network, all working with a single methodology to assess, collaborate and improve sustainability performance in order to protect their brands, foster transparency and innovation, and accelerate growth. Learn more on ecovadis.com, Twitter or LinkedIn.

Holmen shared how they – together with EcoVadis – are moving from a tick the box code of conduct to supplier collaboration sustainability strategies

About h&z Management Consulting

Transformation with head, heart, and hand – this is the mission of h&z. Founded in Munich in 1997, the h&z Group now has 500 employees, and with our Transformation Alliance network more than 800 consultants are available to our clients. Since 2017 we have an office in Stockholm and have conducted several projects for some of the largest companies in the Nordic region.

Although our consultancy services include technology, innovation, sales, and strategy, the core of h&z lies within procurement and supply chain. We have helped transform procurement organizations in >1000 projects for companies across the globe and assist our clients with everything from “fixing the basics” to developing their digitalization roadmaps, and beyond.

Our expertise in Transformation and Procurement earned us the award of “Hidden Champion” in 2018 from the leading German business magazine “Capital”  – thereby beating the three largest strategy consultancy firms.

For more information check out our website at huz.de

A fresh way of hosting Theme Discussions! H&Z mixed their knowledge with the know how and questions of the groups joining their sessions

Determine, a Corcentric company is a leading global provider of SaaS Source-to-Pay and Enterprise Contract Lifecycle Management (ECLM) solutions. The Determine Cloud Platform provides procurement, legal and finance professionals analytics of their supplier, contract and financial performance. Our technologies empower customers to drive new revenue, identify savings, improve compliance and mitigate risk.

The Determine Cloud Platform seamlessly integrates with major ERP or third-party systems such as SAP, Oracle, Sage, QAD and Microsoft. Modular solutions can be configured to add more as needed to provide additional value beyond spend management. Our unified master database and business process approach empower users at every level to make more informed and smarter decisions.  

Determine is entering the Nordics and EBG are happy to take part of sharing their know how

About GEP

GEP helps global enterprises operate more efficiently and effectively, gain competitive advantage, boost profitability, and maximize business and shareholder value. Fresh thinking, innovative products, unrivaled domain and subject expertise, and smart, passionate people – this is how GEP creates and delivers unified business solutions of unprecedented scale, power and effectiveness.

Named a Leader in the Gartner Magic Quadrant and Best Provider at the World Procurement Awards and EPIC Procurement Excellence Awards, GEP is frequently honored as an innovator and leader in source-to-pay procurement software by Gartner, Forrester, IDC, Procurement Leaders, Spend Matters, PayStream and Ardent Partners. GEP is also ranked leader in managed procurement services (procurement outsourcing) by Everest Group, NelsonHall, IDC, ISG, HfS and IAOP. In addition, the primary research firm in the management consulting sector, ALM Intelligence, ranks GEP leader in procurement strategy and supply chain consulting.

With 14 offices and operations centers in Europe, Asia and the Americas, GEP – based in Clark, New Jersey — helps enterprises worldwide realize their strategic, operational and financial objectives. To learn more about our comprehensive range of strategic and managed services, please visit gep.com. For more about SMART by GEP, our cloud-native, unified source-to-pay platform, please visit smartbygep.com.

. For more about SMART by GEP, our cloud-native, unified source-to-pay platform, please visit smartbygep.com.

Procurement metrics that matter – Warren shared his know how with two groups

About Tradeshift

Founded in 2010, Tradeshift is the world’s largest business commerce platform that connects buyers and sellers. Tradeshift connects over 1.5 million companies across 190 countries, processes over half a trillion USD in transaction value yearly, and has a marketplace containing 28 million SKUs. It offers solutions for procure to pay, supplier engagement and financial services, and enables companies and partners to build custom or commercial apps on its business commerce platform. Tradeshift is headquartered in San Francisco, with offices in Copenhagen, New York, London, Paris, Suzhou, Chongqing, Tokyo, Munich, Frankfurt, Sydney, Bucharest, Oslo, and Stockholm. tradeshift.com

Tradeshift brought up implementation success factors

SAP Ariba is how companies connect to get business done, using our market-leading solutions for digital commerce and Ariba Network. We help buyers and suppliers from more than 3.6 million companies, discover new opportunities, collaborate on transactions, and grow their relationships. Now you can manage the entire purchasing process, while controlling spending, finding new sources of savings, and building a healthy supply chain. Explore all SAP Ariba solutions and become a part of this dynamic, digital marketplace, where millions of buyers and suppliers, operating in more than 190 countries, trade USD 2.3 trillion in goods and services each year. 

  • Supplier Management: SAP Ariba provides the only end-to-end solution portfolio that lets you manage supplier information, lifecycle, performance, and risk all in one place
  • Strategic Sourcing: Discover qualified suppliers, speed up your sourcing cycles, and create the most competitive, best-value agreements for sustainable savings with all your sourcing needs.
  • Solutions for Direct Spend: Connect the people, partners, processes, and information needed to manage all design-to-deliver activities in a simple, smart, and open way.
  • Procurement: Ensure compliance and control while providing users a delightful buying experience, with innovative capabilities like guided buying and spot buy.
  • Financial Supply Chain: Transform your payables from liabilities into strategic assets to boost free cash flow, free up working capital, and deliver more bottom-line value.
How do you create value while transforming your business? SAP Ariba shared their insights

About Icertis

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 3M, Airbus, Cognizant, Daimler, Microsoft and Roche to manage 5.7 million contracts in 40+ languages across 90+ countries.

A lot is going on at Icertis who shared new contract management blockchain developments

About Kodiak Rating

Kodiak Rating’s cloud-based Supplier Relationship Management & Supplier Performance Management platform simplifies trade and accelerates value enhancement between buyers and suppliers. Kodiak Rating places intelligence in the hands of procurement and sourcing professionals, enabling teams to automate daily operations, develop deepened supplier insights and ratings, and drive sustainable development, quality, and performance in all parts of their supply chain. Today, Kodiak Rating is working with organizations such as Perstorp, Bravida, Höganäs, Northvolt, and many more. 

To find out more about Kodiak Rating, visit kodiakrating.com

Kodiak Rating discussed supplier collaboration thoughts and experiences

About Coupa Software

Coupa Software is the leading provider of BSM solutions. We offer a comprehensive, cloud-based BSM platform that has connected hundreds of organizations with more than four million suppliers globally. Our platform provides greater visibility into and control over how companies spend money. Using our platform, businesses are able to achieve real, measurable value and savings that drive their profitability. Learn more at www.coupa.com. Read more on the Coupa Blog or follow @Coupa on Twitter.

What does sourcing optimization mean to you? Coupa shared specifics

About Achilles

Achilles Information is the global leader and partner of choice for supply chain risk and performance management.

Through supplier pre-qualification programmes, industry audits and risk management, Achilles has been a pivotal link between buyers and suppliers for nearly 30 years, providing the data and perspective to give customers unparalleled levels of insight into the businesses they work with.

Working in partnership with customers, Achilles supports supply chains that perform flawlessly and meet critical humanitarian and environmental standards.

Achilles has offices across the world, with a network of over 800 buyers and 500,000 suppliers across industrial, infrastructure and natural resources sector. Learn more via achilles.com

How do You work with supplier qualification? Achilles shared their know how in the matter

About Basware

Basware offers the largest open business network in the world and is the global leader in providing networked source-to-pay solutions, e-invoicing and innovative financing services. Our technology empowers organizations with 100% spend visibility by enabling the capture of all financial data across procurement, finance, accounts payable and accounts receivable functions. Basware is a global company doing business in more than 100 countries and is traded on the Helsinki exchange (BAS1V: HE). Find out more at basware.com.

Is tail spend an issue for you? We think so and Basware discussed those challenges

About Resilience360

Resilience360 is an innovative platform that helps companies to visualize, track and protect their business operations. The solution facilitates intuitive supply chain visualization, tracks shipments and ETAs across different transport modes and enables near real-time monitoring of incidents capable of disrupting supply chains.

Resilience360 easily integrates with business systems and helps companies keep track of risk in combination with their business performance indicators. It enables companies to better ensure business continuity, building risk profiles based on over 31 risk databases, and identifying critical hotspots using heat-maps to mitigate risks and to turn potential disruptions into a competitive advantage. Learn more on resilience360.com, LinkedIn or Twitter.

Resilience360 hosted Theme Discussions about supply chain risk management (not in the picture since EBg cannot capture all taking place)

About riskmethods

riskmethods empowers businesses with a solution to identify, assess and mitigate supply chain risk. By using artificial intelligence, we help customers automate and accelerate threat detection, enabling them to gain competitive advantage with a well-managed approach to meeting customer demands, protecting reputation and reducing total cost of risk.  riskmethods serves companies worldwide, protecting hundreds of brands and trillions in annual revenue. Our promise to our customers is simple: We will make their business more resilient. How do we do it? By giving them the ability to prevent and mitigate risk. Harnessing big data and machine-learning AI technology, riskmethods identifies the real threats to a supply network, and then gives customers the tools they need to assess the impact of that risk and take proactive steps to collaboratively prevent or mitigate it.  

www.riskmethods.net | @riskmethods1 | LinkedIn

riskmethods were there as an exhibitor

About Roima Intelligence

Roima Intelligence’s mission is to keep European industry competitive through automation and digitalization.

With 30 years’ experience of boosting the processes of technology and food and beverage industries, we develop the product management, enterprise resource planning, operations management, machine vision and logistics of companies. Our customers include Fastems, Marel, Patria, Valmet Automotive and 300 other growth-driven companies.

Our 260 professionals work in Finland, Sweden and in the Netherlands.

A new expert for EBG who were very engaged hence not here “on tape”

About Bureau van Dijk – A Moody’s Analytics company

We capture and treat private company information for better decision making and increased efficiency. With information on over 300 million companies we are the resource for company data. Our information on companies’ financials, risk scores, PEPs and Sanctions, and probability of default indicators can help you manage your supplier risk and leverage your spending power.

Make better-informed decisions with a higher level of certainty – and save a huge amount of time. Procurement Catalyst is a risk assessment tool that enriches your supplier data with our market intelligence, clearly displayed for easy interpretation and a better view on your supplier portfolio. It can be completely aligned with your existing procurement processes and helps you validate your suppliers, business partners and to get a full picture using our extensive corporate ownership structure.

Access >>Supplier risk and procurement resources

Visit us at: >>Website >>LinkedIn

The people are great too but didn’t get caught here “on tape”


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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.

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Anna Bjarkerud

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@ebgnetwork.com
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Lars Bjarkerud

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