In this session, you will learn about an innovative approach to structuring a Sourcing organization and the benefits of doing so. Our presenters will describe how the CPO of BT created a new, separate company within BT called BT Sourced as standalone procurement company within the BT Group to drive BT's digital transformation in Dublin, Ireland. This new company is implementing the best and most innovative data and technology using partnership-based approaches with suppliers and start-ups. This next practice CPO is leveraging data and automation to increase productivity, uncover new efficiencies, and drive collaboration across a complex global footprint. You will learn how to take a data-first and strategic approach to digital transformation. You will also learn how the CPO and any procurement professional can drive true strategic impact at a Global 2000 company.
You will learn:
- How and why the CPO advocated to set up a separate company within the BT Group to drive the strategic transformation
- How BT Sourced is using data to drive collaboration with business units and executives
- How BT is using AI to drive greater productivity, capture efficiencies, and reduce spend on a global basis
In October 2019 I joined BT Group Procurement and a team of highly talented, passionate and successful people with a strong record of delivery. BT is an amazing company and it's a hugely exciting time to be part of its transformation, in which digitization is a driving force to deliver long term growth value and outstanding customer experiences. Prior to joining BT, I was Chief Procurement Officer respectively at Sprint (US) and Saudi Telecom (STC). Before joining STC, I garnered 15 years' experience in Europe's telecom industry, last serving as Senior Vice President of Procurement Excellence at Buyin, (the procurement joint-venture of Deutsche Telekom and Orange). I also held senior leadership positions with Orange in France and the UK.
Nikesh (Niki) Parekh is the co-founder and CEO of Suplari, an enterprise software company focused on leveraging advanced analytics and artificial intelligence to help enterprises make better purchasing and financial decisions. Niki was most recently an executive at Internet real estate company Zillow and has also worked in the venture capital, private equity and investment banking industries. Nikesh earned his MBA from Harvard Business School and his BA in Biochemical Sciences from Harvard College.