Source to Pay Summit

Source to contract, Purchase to Pay & Source to pay optimization

Jacob Gorm Larsen | Head of Digital Procurement | Maersk

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Jacob Gorm Larsen has the responsibility for digitizing procurement end-to-end at Maersk.

He has been +15 years with Maersk and for more than a decade been responsible over e-sourcing & e-auctions.

Maersk have executed +10,000 e-auctions across industries and in all parts of the world.

Jacob have just recently released a book called “A Practical Guide to e-Auctions for Procurement” which is widely recognized as an important source of intel for any procurement organizations wanting to learn more about how to develop sourcing further.

During Source 2 Pay Summit 2021 you can both listen to Jacob sharing RPA and AI Algorithm use cases and you can join his pre-selected, limited seats, moderator led, on web-camera round table discussions focusing on e-auction lessons learned.

Maersk

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Practical examples of digital procurement use cases

This session aim to help you answer the question ”How can I do this in my own organization?”. ”This” in this occasion being using digital procurement to create use cases such as Holger (RPA robot) and Hilda (AI algorithms) and possible other ways of automating procurement. For Maersk, customer needs – both internal and external – are the starting point. How has their strategic goal drilled down to the actual use cases you will learn more about? What are the lessons learned?

There are certain key aspects of this transformation;
• Digital procurement development is not an IT project
• A Center of Excellence to cater for use cases is key

You will learn about;

  • What does Holger and Hilda do and who will join them?
  • What is the approach and potential digitizing procurement?
  • How Maersk have set up their Center of Excellence to execute use cases?
  • What skills have Maersk chosen to include in procurement to accelerate the development width and speed?
  • How do you ensure the mindset change needed to succeed with ”digital procurement” corporate wide?

Jacob Gorm Larsen
Head of Digital Procurement
Maersk

Ilamaran Gunaratnam
 | Global Procurement Programmes and Projects | Equinix

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Ilamaran Gunaratnam is an internationally experienced professional with >15 years of broad experiences and successful track record of delivering global and regional initiatives that include Business, Engineering and IT-based transformation changes, prioritization-based budget planning, departmental management and externally benchmarked delivery organizations and Centre of Excellence functions.

Equinix currently commands between 10% – 15% footprint globally, an industry that consumes about 3% of global electrical energy usage. You come to us and we connect you to the world through > 20 countries, in 3 regions, and through > 200 facilities.

Achievements across all roles held:

1. Co-Designed/Designed and Delivered several process improvements:
– Co-Designed and Implemented Source to Pay global blueprint (including Coupa tool) that
manages several billions in spend

– Designed and implemented Portfolio, Programme and Project management standards for
Construction, Procurement, Operations, M&E Engineering, Customer Service Organisations, Sales
Ops, Accounts Payables, Accounts Receivable, IT, Networks

2. Mitigated against reputation damage and engineering infrastructure risks

3. Enabled savings through delivery of solutions regionally and globally, i.e.
– $5 million annually in energy savings
– 4% of global annual revenue (preventing GDPR regulatory fines)

4. Saved training and consultancy costs in excess of $1.3M

5. Enabled prioritisation and tracking of ca. $1.5 billion operational budget spend

6. Design and Implementation of Equinix Procurement external website

7. Designed, Implemented and Administered Source 2 Pay Change Control process for programme, project and operational management

Responsible for Portfolio, Programmes, Projects, Business Analysis/Strategic KPI, and Business Case Development and management function globally for the Global Procurement Group.

Focus includes, globalising project management standards for various category management functions (including global IBX operations) within Procurement, Know Your Supplier (KYS) Management, Risk Management and S2P improvements, including PO Management, RPA, contract compliance, supplier records management and catalogue management.

Equinix

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For over ten years, EBG | Network have enabled peers and experts to sit down in smaller groups during summits. Based on individual choices made prior to the summit, you who join can connect and learn from peers and experts you would not meet otherwise.

So also online!

Below the Theme Discussion (2 x 50 minutes) Equinix will host. Limited seats, pre-selected, on web-camera – first come first served (based on when you register).

How do you convert ideas into practical solutions?

Relevance & Important

As humans we are full of ideas, some are good, and some are bad. In this session we like to understand how to classify a good idea and convert it into an efficient and practical solution that works operationally, inline with people expertise, time, and money. This is of course extra important and a challenge as you embark on cross company, cross functional and possibly global business development. 

Discussion Questions

  • How do you overcome struggles while understanding how to identify operational gaps?
  • Is time and money never on your side?
  • What is your understanding of the solution that needs to solve the gaps?
  • How do you ensure the solution is fit for purpose?

Ilamaran Gunaratnam
Global Procurement Programmes and Projects
Equinix

SSAB & Nordea

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For over ten years, EBG | Network have enabled peers and experts to sit down in smaller groups during summits. Based on individual choices made prior to the summit, you who join can connect and learn from peers and experts you would not meet otherwise.

So also online!

Below the Theme Discussion (2 x 50 minutes) SSAB & Nordea will host. Limited seats, pre-selected, on web-camera – first come first served (based on when you register).

How do you make intelligent automation an integrated part of your business?

Following their shared overview this is a session where you can make sure to ask all your questions and learn from the peer group. Apart from that – what – if anything – is holding transformation back? Research indicate that although 2020 meant jumping years ahead, few still have an enterprise-wide intelligent automation strategy.

Apart from asking your questions, compare;

  • What does your intelligent automation strategy look like?
  • Are you aiming at automating as is or are you expanding your field of vision?
  • How do you break down functional and process silos?
  • Benchmark what You think is needed to advance ahead!

Anna Lagerhed
Head of Intelligent Automation
SSAB
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Jacob Ejdelind
Automation/Digitalization Strategist
Nordea