After COVID-19, most companies will be cash poor, margin hungry, and riveted on boosting supply chain resilience. They say, “forewarned is forearmed,” but what specific actions should we take? Join Rod Sherkin, President of ProPurchaser, and Kelly Barner, Owner of Buyers Meeting Point, as they team up to share their insights on the challenges our profession will face and the solutions we can implement to thrive in a post COVID-19 world. Kelly will kick off this discussion by explaining how some of today’s “best practices” may no longer be best, e.g.: building just-in-time supply chains, supplier rationalization, and pursuing low prices. Rod will continue the presentation with practical advice to prepare you for what’s coming – how to keep the focus on cost containment while building resilience into your supply chain. He explains how to: · Make suppliers’ costs transparent. · Use this knowledge to negotiate competitive pricing and attract the best, most reliable suppliers. The goal of this webinar is to help supply chain professionals prepare for the future. You may be pleasantly surprised at how effective you can become at driving enterprise costs lower and your career prospects higher.

Let’s face it, MRO inventory is usually overbought and underinsured, costing millions. But organizations rarely do anything about it because they’re convinced their data just isn’t in a good enough place to make MRO optimization a priority. But perfect data doesn’t exist, it never will, no matter how many data cleanses you waste money on. Explore how AI is creating a new approach to MRO/indirect materials optimization and bridging the gap between procurement and operations teams, while breaking the stigma of having to have perfect data to get started. Learn how leading manufacturers have adopted an AI approach and have learned the secret that’s been hiding in plain sight. We’ll discuss topics such as: -Eliminating the need for lengthy and costly data cleanse projects -Increasing visibility of spend and price variances to reduce tail spend -Building confidence in your MRO inventory availability to ensure you will have the right part at the right time at the right place, at the right cost -Identifying millions in savings opportunities through inventory deduplication, revamped stocking policies, and network-sharing opportunities