Learning to Succeed Despite Uncertain Market Dynamics
Companies in all industries and all over the world have accepted the reality that market conditions will remain uncertain for the foreseeable future. In fact, 62% of the companies in the S&P 1500 index did not provide an annual forecast this year – some even stating that there is just too much uncertainty to be accurate (WSJ, 9/22/21).
But while CFOs can decline the option to provide external annual guidance, procurement teams have to find a way to succeed – no matter what. In this AOP Live session, presented in cooperation with the team at ProcureAbility, we will provide insight into current and (likely) future market dynamics and then help you understand which mitigation strategies will be the most effective.
Join Sherri Barnes, ProcureAbility’s Director of Market Intelligence Services, and Kristen Rellihan, one of their Senior Advisory Managers, as they answer your live questions about:
What is happening with inflation, which industries and categories are already being affected, and which ones are next?
What signals should procurement watch for when deciding which market conditions they need to pay the most attention to?
How to use mitigation strategies such as index-based pricing, deconstructed pricing, should-cost modeling, TCO, and more.
After attending this session, you will be able to pair market conditions that are beyond procurement’s control with strategies and tactics that at least re-establish effective management of the company’s supply chain – no matter what.
About the Presenters
Sherri Barnes, Director, Market Intelligence Services
Sherri’s industry experience includes over 20 years in the energy and utility sector, where she held various finance, risk management, project development, and strategic planning roles for Pantellos, El Paso Corporation, the Williams Companies, and Anadarko Petroleum. Sherri earned a BBA in Accounting from the University of Houston and MBA degrees in Marketing and International Business from the University of Saint Thomas. Additionally, Sheri holds a Certified Public Accountant License, in the State of Texas, and serves on faculty for Lone Star College.
Kristen Rellihan, Senior Manager, Advisory
With over 10 years of experience working collaboratively with her clients and project teams, Kristen brings a breadth of experience and know-how to clients and procurement organizations. Throughout her career, Kristen has supported many industries, including utilities, government contractors, pharmaceuticals, and gaming. Kristen started her career within Accenture’s Supply Chain Strategy practice, then led an energy company’s IT Supply Chain department before returning to procurement consulting with ProcureAbility. Kristen uses her advisory expertise and real-world experience to identify opportunities which deliver sustainable transformations and bottom-line savings to her clients and is currently providing M&A support to a client in the healthcare sector. Kristen holds a bachelor’s degree from Penn State University in Business Logistics.
Since 1996, ProcureAbility has been providing procurement organizations with industry-leading consulting, staffing, and recruiting services, in addition to market intelligence and analytics. The firm has distinguished itself from competitors with a flexible model that maximizes customization, giving clients the advantage of highly-tailored solutions and the ultimate in versatility. Widely regarded as experts in the field of procurement, ProcureAbility works with a diverse range of Fortune 1000 clients, including Honda, Walgreens, Uber, and Caesars Entertainment®.
(Tuesday) 1:30 pm