Procurement organizations that invested on digitization continued to work effectively in the remote work environment. This was possible due to integrated source-to-pay, risk management and digital signature solutions that allowed procurement teams to collaborate with stakeholders seamlessly online.
Once the digital foundation is in place, how do we take this to the next level? How can we improve productivity by leveraging capabilities such as automation, predictive analytics and AI? We will cover two solutions - contract authoring and contract analytics - that can help Procurement teams collaborate more effectively with stakeholders and provide valuable insights to drive greater efficiencies. Panelists from Procurement, Legal and Technology will discuss their roles in this process and share their perspectives.
You will learn:
- Opportunities to optimize and extract value from procurement digitization
- Key considerations when implementing contract authoring and contract analytics capabilities
- Ways to enhance partnership between Procurement, Legal and Technology
- Lessons learned
Lifecycle Phase: Optimization
Rajeev Karmacharya is Head of the Strategic Sourcing and Category Management group in Fannie Mae.
Rajeev leads a team of category management, sourcing / contracting and supplier enablement professionals managing $4.5+ billion in external spend.
Prior to joining Fannie Mae, Rajeev was a Principal at global management consulting firm Kearney, where he was one of the leaders in their Strategic IT and Operations Practice. Rajeev holds a Master of Industrial Administration (MBA) degree in Finance and Marketing from Carnegie Mellon University and a Bachelor of Science in Computer Science from Slippery Rock University of Pennsylvania.
As Deputy General Counsel, Managing Director at Fannie Mae, Tanguy de Carbonnieres, oversees the legal teams in charge of the company's intellectual property protection and licensing, data management, and legal support to the procurement functions.
Jian Xu is a Director, Corporate Procurement Technology at Fannie Mae. She is an inspired executive with International experience in supply chain management, procurement and technology optimization. She has proven success in leading and managing global operation teams to achieve business objectives and obtain functional performance excellence. Her expertise includes procurement and supply chain management, cross-functional leadership and technology applications.
Lisa Lin is a Project Manager, Strategic Sourcing and Category Management at Fannie Mae. She has over 20 years of experience in category management and strategic sourcing across industries and in global roles. Her experience includes leading global business transformation efforts by managing business process improvement, contract/sourcing system implementation (Ariba) and people training. She is also experienced in driving category management and strategic sourcing process excellence initiatives by developing policies and work procedures, driving continuous process optimization, driving procurement technology adoption and enhancement, and developing training.