We live in an era where Industry 4.0 technology developments outpace some organizations ability to change. Nimble organizations have a distinct competitive advantage. With the vast quantities of data available, the organizations that can analyze large datasets, quickly, will differentiate themselves in their markets. In this session Industry thought-leader, Walt Charles will share aspects of his Digital Procurement Transformation Playbook that he successfully implemented at 4 Fortune Companies.
You will learn:
- Break past the data processing limitations of spreadsheets to drive better outcomes on large, strategically managed spend
- Analyze, previously unimaginably large datasets using proven, state-of-the-art technology
- Power up every deal by 1000 times to deliver dramatically better deal outcomes - without the analytics burnout
- Increase your Procurement Team's bandwidth by using new tools to get to actionable insights faster, better, cheaper and more impactfully
- COVID-Proof your Maverick Spend Issues by pivoting to new S2C process/change management and improve overall team effectiveness
Lifecycle Phase: Optimization
Walter Charles is the Chief Procurement Officer at Biogen. Walter is a sought-after speaker at national and international Supply Chain and Procurement Conferences, a visionary Supply Chain leader, an impactful results deliverer and an inspiring Procurement Futurist. At each of his last 4 Fortune companies, his global procurement teams supported the purchase of billions of dollars a year of products and services supporting Research & Development, Manufacturing, MRO, Lab Services, Marketing, Legal, Capital, IT, Plant Operations, Travel, and General and Administrative services. Walter has held Chief Procurement Officer roles at iconic companies such as Allergan, Biogen, Kraft Foods, Kellogg’s, Johnson & Johnson Consumer Supply Chain and Cordis (one of J&J’s former medical devices companies). As such, he has the unique perspective of serving on Supply Chain Leadership Teams, and leading procurement transformations across Biotechnology, Consumer Packaged Goods, Pharmaceutical and Medical Device Businesses. In 2020, Walter started the 400 Company Digital Challenge, where he pledged to personally help 400 of his ~30,000 social connections make the jump to industry 4.0 technologies in the practice of procurement. Connect with him on LinkedIn to start your digital transformation today. Walter holds a Master of Business Administration degree from Columbia University; a Master of Engineering Degree in Environmental Engineering from The Stevens Institute of Technology; and a Bachelor of Science Degree in Engineering from the United States Merchant Marine Academy.
Paul is a Coupa Sourcing Subject Matter expert. Prior to joining Coupa, Paul covered supply chain topics for Forbes. He started his career in IT solution design, which led to product management, and then an executive leadership role for technology services firm. Just before turning 30, he moved-on to become an early stage employee/investor of a tech start-up incubated at Carnegie Mellon where he was paired with Dr. Tuomas Sandholm. He has enjoyed working with many renowned academics including Dr. Mark Spearman, Dr. Subhash Suri, Dr. George Nemhauser and several others. He has identified the business opportunities in their intellectual property and developed several startup companies from zero to $20M+ in revenues in less than 5 years. He served domestically and abroad, as the businesses were fueled almost exclusively by arrangements with "Global 100" companies in CPG, Industrial Manufacturing, Logistics and Healthcare sectors. As a result, he was provided an insider's view of the supply chain problems faced by the world's largest and most sophisticated practitioners. As either an employed executive or independent consultant, he has since helped several other supply chain solution providers. He has appeared on Fox News, CNBC and MSNBC as an expert panelist and has been quoted on supply management topics in WSJ, Reuters, USA Today, Fox News, CNN and several additional media.