Oak Brook, IL (PRWEB) January 11, 2007
The Best Practices Xchange (http://www.bestpracticesxchange.com) is scheduled to meet on Friday, January 26, 2007, at U.S. Cellular Field in Chicago, IL. The one day summit entitled, "The Best Practices Xchange (BPX): Applying Technology to Sourcing/Supply Chain," includes a "Who's Who" of the Midwest's top strategic sourcing and supply chain executives. The upcoming meeting will focus on technologies that can make sourcing / supply chain organizations stars in their firm.
Great sourcing decisions and results occur when there is a confluence of three assets: great people, great processes and great technology. ERP suppliers are finding that sourcing and supplier management modules are evolving at a fast rate, so much so that those suppliers are now radically re-architecting their product lines. These changes will undoubtedly have implications on sourcing / supply chain organizations. Regardless of how new, advanced or beneficial your current technology is, competitors will be looking to cutting-edge solutions for new marketplace advantages.
Attending members will be privy to:
- An entertaining and informative debate between two highly regarded experts in the sourcing software marketplace. They will provide a supplier-by-supplier account of leading sourcing software providers as well as offer a look into what is on the horizon of the application marketplace. They will debate the likely impact of new platforms (e.g., Oracle's Fusion), market consolidation and other forces affecting suppliers and users of technology solutions.
A first-hand account of a recent Ariba technology implementation from the Vice President and Chief Procurement Officer of one of our member firms. She will give you the inside track on how her company made the decision to deploy Ariba, the initial challenges she faced when selling the solution internally and their implementation strategies and methods. She will also share insights on what pitfalls can occur during a technology implementation and how to drive efficiencies into the process.
- An afternoon of lively interactive discussion between members on the "do's" and "don'ts" of applying technology to sourcing/supply chain organizations. The Mpower Group will share some interesting findings from a benchmarking study recently conducted on this topic.
A Networking Reception will be held from 4:30 p.m. to 5:30 p.m. to allow BPX members to continue the day's discussion over wine and hors d'oeuvres.
BPX is a members-only, peer-to-peer group with a charter to provide thought leadership, advanced solutions and networking opportunities to group members. The group meets four times a year and the meetings are facilitated by the Oak Brook, IL based Sourcing, Procurement and Supply Chain consultancy - The Mpower Group.
BPX addresses major Global Strategic Sourcing and Supply Chain Management challenges such as:
o Building world-class Sourcing and Supply Chain Management Organizations
o Supplier Relationship Management (SRM) and Governance
o Outcome Based Process Improvement
o Integration of 6 Sigma and Strategic Sourcing
o Managing IT Outsourcing Arrangements
BPX recently received national recognition as an organization that provides a collaborative environment for senior executives to meet and discuss the challenges they face in Strategic Sourcing and Supply Chain Management. The September 2006 issue of Purchasing Magazine further illustrates this with their article about founding BPX member McDonald's Corporation's presentation on Supplier Relationship Management at the June 2006 meeting of the Best Practice Xchange.
Customary with every BPX meeting, one half of membership dues are allocated to support a designated charity.
The next meeting for the Best Practices Xchange Council (BPX) will be scheduled for the second quarter of 2007. If you would like more information on The Best Practices Xchange (BPX) or to apply for membership, please contact Dalip Raheja at The Mpower Group, 630-268-8963.
About The Mpower Group:
The Mpower Group ("TMG") (http://www.thempowergroup.com), a certified minority supplier, services Fortune 500 organizations globally, solving complex issues related to their supply chain and strategic sourcing operations including outsourcing and off shoring. TMG emphasizes world-class business practices related to strategy, process and technology that truly drive superior financial results for their clients. Dalip Raheja, the firm's President and CEO, is nationally recognized for his thought-leadership and advanced strategic concepts in the areas of strategic sourcing and supply chain management.
President and CEO
The Mpower Group