AI Integration: Need, Want or Hype?
Artificial intelligence has come to industries and supply chains, but how companies implement the technology will be the difference between value generation versus using it ‘for the sake of using it.’
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Upcoming Education
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May-Aug
02-02
2024
The ISM World all-access pass combines the best of both worlds. You get the in-person experience and the time to dedicate to networking, supplier discovery and the specific supply management breakout sessions you select to attend onsite. In addition, you get 90-day access following the conference to a library of the breakout sessions you may have missed or would like to watch again. It’s the ultimate package extending your conference education beyond the live event to maximize your value.Las Vegas, NV -
May
14-15
2024
VIRTUAL CLASS
Procurement Bootcamp
Procurement is an organizational function that covers a multitude of business functions. This includes specification development, value analysis, supplier market research, negotiation, buying activities, contract administration and inventory management. This course will provide a holistic approach to managing your supply chain and drive strategic value to impact both bottom-line costs and top-line revenues.
OnlineDavid E Malone, CPSM -
May
16
2024
Procurement leaders are looking for ways to assess ESG practices of their suppliers to ensure alignment with the organization's values, sustainability goals, and long-term success. But, this is challenging with limited supply chain visibility and unreliable supplier data, while also wrestling with evolving ESG regulations and increasing demands from ESG-focused stakeholders.
You need practical, proven, and actionable steps to quickly assess the risks and value creation opportunities hidden in your supply chain.
In this session, Supplier.io will share examples of practical, proven, and actionable steps that procurement leaders can take to quickly assess ESG risks and value opportunities hidden in their supply chain. Join us to learn how to:
- The value of sustainable procurement in driving company value
- Strategies to better track Scope 3 greenhouse gas emissions
- Possible supply chain ESG risks and how to identify them
- Evolving ESG regulations that might impact you
Sponsored by Supplier.io. ISM membership is not required to attend – all are welcome.Online -
May-Jun
16-17
2024
GUIDED LEARNING
Strategic Cost and Price Management
Supply management professionals are constantly encouraged by senior management to expand strategic cost management efforts. Strategic cost and price management is the process of relating meaningful information to a firm’s business strategy using value chain analysis, strategic positioning analysis and cost driver analysis. A range of tools and techniques can be used, including complexity reduction, greater standardization, tighter management of specifications and demand, compliance management, price benchmarking, should-cost analysis, and total cost of ownership analysis. You will learn strategies to improve profits through shaping both the bottom line and top line of your organization. You will have 60 days access after the last day of the course.
OnlineJoseph P. Gallagher, CPSM, C.P.M., A.P.P. -
May
22-23
2024
VIRTUAL CLASS
Basics of Construction Purchasing
The session will help procurement and supply management professionals become familiar with terms, concepts and applications employed in the construction industry to build comfort in addressing and managing major high dollar and critical acquisitions for the organization. Construction, like Supply Management, has its own language and vocabulary. It’s hard to buy, manage or approve change orders in a contract if you do not understand what the contract is covering. Usually, we manage a large project by work packages which breaks the large project down into sequenced and costed activities. This session seeks to explain some of the major concepts, terminology and shows you how you can be more effective in purchasing a project which could dwarf a traditional inventory, equipment, services, raw materials and MRO expenditures combined on an annual spend. Many managers often bypass purchasing to manage a construction project; for a new plant, new office building, remodeling or mitigation effort from initial planning, pre-solicitation, acquisition and contract management assuming you are not technically degreed. (You need to be a sign off before the proposed project goes to the board for budget monies.) So, they give the project to the Architect and Engineering firm, or the General Contractor or the Prime Contractor to manage—none of whom are part of your company! It is estimated a construction project not managed by a Procurement or Supply Management Professional could encounter overruns as much as 7 to 11%. On a $50M project that could be as high as an additional $4-$5M in additional money. This session will provide you the skills and ability to do what you are the expert in: sourcing, qualification of contractors, developing the RFP, negotiation of the cost/price, delivery elements, review of the construction contract and managing the construction to a successful completion.
OnlineWilliam D Agee JR, C.P.M.
Corporate Program
Increase the agility and broaden access to education, tools, research and more for your supply chain team. ISM offers programs for organizations to help provide a framework for continuous learning and access to valuable membership resources and products 24/7/365
Are You Looking for Individual Membership?
Joining the ISM community gets you access to education, tools, research, events as well as a network of peers who face and solve for some of the same challenges you encounter. Invest in your own professional agility.