One of my favorite presentations of the day was delivered by Alistair Donald, the Chief Procurement Officer of Global Procurement Services of ConocoPhillips Company. Alistair’s presentation had a James Bond / Secret Agent theme which made it very entertaining as well as informative. Alistair has a wonderful story to tell of his success in transforming the Supply Management function within ConocoPhillips. Michael Lamereaux from Sourcing Innovation, an NPX attendee, wrote that Supply Management has been a key contributor to ConocoPhillips’ financial success over the last several years in his blog post, Supply Management: Secret Agent of Business Improvement (Key NPX Take Away 5) where he articulated Alistair’s value contributors.

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One of the highlights of the Next Practices Exchange (NPX) was a presentation by Brad Peterson, partner at the law firm of Mayer Brown on “How to Communicate the Value You Create in Negotiating Contract Terms.” Read on for a summary of Brad’s comments.

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Last week Sourcing and Supply Chain executives from a group of Fortune 500 companies from around the world gathered for The Mpower Group’s Next Practices Xchange (“NPX”) to share ideas and challenge one another on the move “From Cost to Value” within their organizations.   This has been one…

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From Cost to Value – Making the transition from a cost or TCO based organization to a value creating organization that impacts bottom and top line business needs. Top Sourcing and Supply Chain Executives discuss ‘Next Practices’ in Strategic Sourcing and Supply Chain Management.

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