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Leading global excellence in procurement and supply CIPS TRINIDAD & TOBAGO A Branch OF THE CHARTERED INSTITUTE OF PROCUREMENT AND SUPPLY Inaugural Launch Event

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Page 1: CIPS TRINIDAD & TOBAGO A Branch OF THE CHARTERED … Speaker Prese… · A Branch OF THE CHARTERED INSTITUTE OF PROCUREMENT AND SUPPLY Inaugural Launch Event . Leading global excellence

Leading global excellence in procurement and supply

CIPS TRINIDAD & TOBAGO

A Branch OF THE CHARTERED INSTITUTE OF

PROCUREMENT AND SUPPLY

Inaugural Launch Event

Page 2: CIPS TRINIDAD & TOBAGO A Branch OF THE CHARTERED … Speaker Prese… · A Branch OF THE CHARTERED INSTITUTE OF PROCUREMENT AND SUPPLY Inaugural Launch Event . Leading global excellence

Leading global excellence in procurement and supply

The Chartered Institute of Procurement & Supply (CIPS) is a United Kingdom-based international organisation working for the purchasing and supply professions. It promotes good practice and provides services for the benefit of members and the wider business community. It was established in 1932 and is 83 years old. CIPS has a global community of over 115,000 in over 150 countries and aims to promote and develop high standards of professional skill, ability, and integrity among all those engaged in purchasing and supply chain management. Its headquarters are located in Easton on the Hill, near Stamford, Lincolnshire. Remarks by CIPS,UK - Director of Membership : https://youtu.be/dFAw7COd9pk

Page 3: CIPS TRINIDAD & TOBAGO A Branch OF THE CHARTERED … Speaker Prese… · A Branch OF THE CHARTERED INSTITUTE OF PROCUREMENT AND SUPPLY Inaugural Launch Event . Leading global excellence

Leading global excellence in procurement and supply

Fellows +150% 799

CIPS Five Year Journey: 2010 - 2015

Growth 2015

Community +105% 118,931

Exam entries +46% 77,018

Website users +106% 934,917 AVE +619% £33.8 million

Membership +24% 59,595

Page 4: CIPS TRINIDAD & TOBAGO A Branch OF THE CHARTERED … Speaker Prese… · A Branch OF THE CHARTERED INSTITUTE OF PROCUREMENT AND SUPPLY Inaugural Launch Event . Leading global excellence

Leading global excellence in procurement and supply

Global Offices CIPS currently has four Global offices that govern Branches in different parts of the world: 1. ▪ United Kingdom 2. ▪ Middle East and North Africa 3. ▪ Africa

4. ▪ Australia

Page 5: CIPS TRINIDAD & TOBAGO A Branch OF THE CHARTERED … Speaker Prese… · A Branch OF THE CHARTERED INSTITUTE OF PROCUREMENT AND SUPPLY Inaugural Launch Event . Leading global excellence

Leading global excellence in procurement and supply

CIPS Americas Region Membership

• Circ. 2000 Members

• 38 Countries

• 2 Branches – Canada (virtual branch)

– Trinidad & Tobago

Canada (150)

USA (1,000)

Mexico (10)

Caribbean (840)

Central America (90)

South America (135)

Page 6: CIPS TRINIDAD & TOBAGO A Branch OF THE CHARTERED … Speaker Prese… · A Branch OF THE CHARTERED INSTITUTE OF PROCUREMENT AND SUPPLY Inaugural Launch Event . Leading global excellence

Leading global excellence in procurement and supply

Membership Distribution

51%

49%

No. of Regional Countries with Active Members (36)

Carribbean

Central & SouthAmerica

348

222

530

0 100 200 300 400

Caribbean Islands

Central & South America

Trinidad & Tobago

Membership Size

Membership Size

Page 7: CIPS TRINIDAD & TOBAGO A Branch OF THE CHARTERED … Speaker Prese… · A Branch OF THE CHARTERED INSTITUTE OF PROCUREMENT AND SUPPLY Inaugural Launch Event . Leading global excellence

Leading global excellence in procurement and supply

Congress The Congress is the Institute’s representative and advisory body, elected from the global membership

Board of Trustees The Board of Trustees is the principal governing body of CIPS and is legally liable for the Institute as a registered charity.

Page 8: CIPS TRINIDAD & TOBAGO A Branch OF THE CHARTERED … Speaker Prese… · A Branch OF THE CHARTERED INSTITUTE OF PROCUREMENT AND SUPPLY Inaugural Launch Event . Leading global excellence

Leading global excellence in procurement and supply

Hosted Panel Discussion & networking event (CIPS Update and developing the profession in Trinidad ) – February 2016

Monthly Committee Meetings – (9)

Inaugural Launch Event –

November 2016 Trinidad

& Tobago Branch

Branch Chair – David Martin

Secretary-

Cathy Brewster

Education Officer –

Vernon Henry

Committee Representatives

Communication / Social Media

Officer –

Cecilia Solozano

Deputy Chair/Treasurer -

Paul Gulston

Branch Structure

Page 9: CIPS TRINIDAD & TOBAGO A Branch OF THE CHARTERED … Speaker Prese… · A Branch OF THE CHARTERED INSTITUTE OF PROCUREMENT AND SUPPLY Inaugural Launch Event . Leading global excellence

Leading global excellence in procurement and supply

Our Vision: CIPS Trinidad & Tobago will achieve local and regional recognition as the expert body on excellence in purchasing and supply

management contributes significantly to organisational effectiveness and hence the public good

To provide a local

Professional Network

To promote representation, visibility and engagement in

the local environment

To develop relationships

between Member and

Branch

Promote the professional and personal benefits of Membership in order to raise the profile and image

of CIPS locally and thereby recruit new Members

To ensure alignment with CIPS

Global strategy

Protect the image and reputation

of CIPS through

good stewardship of the CIPS

brand

Our Mission

Page 10: CIPS TRINIDAD & TOBAGO A Branch OF THE CHARTERED … Speaker Prese… · A Branch OF THE CHARTERED INSTITUTE OF PROCUREMENT AND SUPPLY Inaugural Launch Event . Leading global excellence

Leading global excellence in procurement and supply

Branch Page & Event Listing

Page 11: CIPS TRINIDAD & TOBAGO A Branch OF THE CHARTERED … Speaker Prese… · A Branch OF THE CHARTERED INSTITUTE OF PROCUREMENT AND SUPPLY Inaugural Launch Event . Leading global excellence

Leading global excellence in procurement and supply

CIPS T&T 2017 Projected Key Activities

J F M A M J J A S O N D

1st QTR 2nd QTR 3rd QTR 4th QTR

Membership

Networking and

Development

Membership Meeting

Membership

Meeting

Membership

Meeting

Membership E.o.Y Dinner

Local Environment

Visibility &

Engagement

Energy

Conference

2017

[Presentation at HRMATT/ TTMA/ Schools Career Fair/UWI World of Work Fair] etc

CIPS Profiling and

Brand

Public Procurement

Symposium

CIPS T&T Conference

Page 12: CIPS TRINIDAD & TOBAGO A Branch OF THE CHARTERED … Speaker Prese… · A Branch OF THE CHARTERED INSTITUTE OF PROCUREMENT AND SUPPLY Inaugural Launch Event . Leading global excellence

Leading global excellence in procurement and supply

– Develop a platform to expand CIPS T&T presence in Caribbean

– Support students who are pursuing CIPS qualifications

– Provide opportunity for coaching & networking through virtual/F2F forums

– Promote MCIPS, FCIPS & Charter Status for new members

– Interact with CIPS USA and Americas to spot synergies

– Generate presence in Americas Supply Management Magazine

(Submission of Articles )

– Create local Group Publication

– Advise re CPDs for Events , as an incentive for Members to attend

Medium – Longer Term Strategies & Aspirations

Page 13: CIPS TRINIDAD & TOBAGO A Branch OF THE CHARTERED … Speaker Prese… · A Branch OF THE CHARTERED INSTITUTE OF PROCUREMENT AND SUPPLY Inaugural Launch Event . Leading global excellence

Leading global excellence in procurement and supply

Capability Development

Oil Pricing

What are the important issues within procurement and supply in the

Americas for the next 3-5 years?

US $ Fluctuations

Currency/Commodity Impacts

Global Sourcing/ Supply Chain Risk Management

Supplier Collaboration

Status of Profession being upheld; value adder/professional function

Political Change ( 2016 US

Elections) / BREXIT

Public sector procurement reform

Sustainable SCM and Ethical Procurement(reputational threat to our profession)

CIPS Licensing of Professionals

Page 14: CIPS TRINIDAD & TOBAGO A Branch OF THE CHARTERED … Speaker Prese… · A Branch OF THE CHARTERED INSTITUTE OF PROCUREMENT AND SUPPLY Inaugural Launch Event . Leading global excellence

Leading global excellence in procurement and supply

Any Questions?

Page 15: CIPS TRINIDAD & TOBAGO A Branch OF THE CHARTERED … Speaker Prese… · A Branch OF THE CHARTERED INSTITUTE OF PROCUREMENT AND SUPPLY Inaugural Launch Event . Leading global excellence

Leading global excellence in procurement and supply

CIPS Trinidad & Tobago Branch Inaugural Event Thinking Globally, Acting Locally

Keynote presentation: Developing the Global

Procurement Professional in our Local Environment

Presenter: Vernon Henry MCIPS

Page 16: CIPS TRINIDAD & TOBAGO A Branch OF THE CHARTERED … Speaker Prese… · A Branch OF THE CHARTERED INSTITUTE OF PROCUREMENT AND SUPPLY Inaugural Launch Event . Leading global excellence

Leading global excellence in procurement and supply

• A profession is an:

Occupation, practice, or vocation requiring mastery of a complex set of knowledge and skills through formal education and/or practical experience. Every organized profession (accounting, law, medicine, etc.) is governed by its respective professional body.

BusinessDictionary.com

What is a profession?

Page 17: CIPS TRINIDAD & TOBAGO A Branch OF THE CHARTERED … Speaker Prese… · A Branch OF THE CHARTERED INSTITUTE OF PROCUREMENT AND SUPPLY Inaugural Launch Event . Leading global excellence

Leading global excellence in procurement and supply

Are you a just a Getter?

Does it matter whether we do it with ease or do it under tremendous pressure?

Page 18: CIPS TRINIDAD & TOBAGO A Branch OF THE CHARTERED … Speaker Prese… · A Branch OF THE CHARTERED INSTITUTE OF PROCUREMENT AND SUPPLY Inaugural Launch Event . Leading global excellence

Leading global excellence in procurement and supply

Focus areas for the Procurement Professional

• Contributing to profit by effectively controlling the total cost to the operations;

• Ensuring sustainability of supply; and

• Building and managing resilient and supportive supply chain relationships

Page 19: CIPS TRINIDAD & TOBAGO A Branch OF THE CHARTERED … Speaker Prese… · A Branch OF THE CHARTERED INSTITUTE OF PROCUREMENT AND SUPPLY Inaugural Launch Event . Leading global excellence

Leading global excellence in procurement and supply

• Becoming partners with key stakeholders throughout the organization

• Moving beyond a strict focus on cost savings

• Achieving an optimal operating model

• Prioritizing supply chain risk

• Leveraging new technology

KPMG’s five top procurement issues

Page 20: CIPS TRINIDAD & TOBAGO A Branch OF THE CHARTERED … Speaker Prese… · A Branch OF THE CHARTERED INSTITUTE OF PROCUREMENT AND SUPPLY Inaugural Launch Event . Leading global excellence

Leading global excellence in procurement and supply

• Negotiation

• Contract management

• Project management

• Communication skills

• Strong leadership

• Business acumen

• Social intelligence

• High levels of commercial and creative skill

Skills requirement for the procurement professional

Page 21: CIPS TRINIDAD & TOBAGO A Branch OF THE CHARTERED … Speaker Prese… · A Branch OF THE CHARTERED INSTITUTE OF PROCUREMENT AND SUPPLY Inaugural Launch Event . Leading global excellence

Leading global excellence in procurement and supply

• As a profession, procurement and supply management is on the precipice of dynamic and disruptive change resulting from:

– Volatile trading environments

– Increasing complexity and

– The influence of information technology (CIPS Supply Century, Defining our future profession Issue one 2016)

Change drivers

Page 22: CIPS TRINIDAD & TOBAGO A Branch OF THE CHARTERED … Speaker Prese… · A Branch OF THE CHARTERED INSTITUTE OF PROCUREMENT AND SUPPLY Inaugural Launch Event . Leading global excellence

Leading global excellence in procurement and supply

Developing the global professional

CIPS UK

CIPS TT

LOCAL PROFESSIONAL

GLOBAL PROFESSIONAL

Page 23: CIPS TRINIDAD & TOBAGO A Branch OF THE CHARTERED … Speaker Prese… · A Branch OF THE CHARTERED INSTITUTE OF PROCUREMENT AND SUPPLY Inaugural Launch Event . Leading global excellence

Leading global excellence in procurement and supply

• Embrace the opportunities that will be provided by this CIPS local branch

• Commit and challenge yourself and your team to move from getters and order takers to become change leaders

Moving from Getter to Change Leader

Rise to that highest level practice and become a respected and globally recognized

professional.

Page 24: CIPS TRINIDAD & TOBAGO A Branch OF THE CHARTERED … Speaker Prese… · A Branch OF THE CHARTERED INSTITUTE OF PROCUREMENT AND SUPPLY Inaugural Launch Event . Leading global excellence

Leading global excellence in procurement and supply