optimizing sourcing assessm… · assessment considerations auditors and regulators risk factors in...
TRANSCRIPT
7/20/17
Time Topic Responsible
11:00am Welcome & Introductions Snehal Sindhvad (SIG)
11:05am SIG Working Group Concept & Structure Snehal Sindhvad (SIG)
11:15am Recap of last meeting (May 24, 2017) John Bree (NEO)
11:25am Assessment Considerations, The Journey and Team Project! John Bree (NEO)
12:00pm Meeting Concludes
Snehal Sindhvad
SIG – Member Services
John Bree
NEO Group
Working Council Leadership Team
Christina Howlett-Perez
Wellington Management
Vice President, Manager, Finance & Administration - Procurement
Special Guest Speaker
Time Topic Responsible
11:00am Welcome & Introductions Snehal Sindhvad (SIG)
11:05am SIG Working Group Concept & Structure Snehal Sindhvad (SIG)
11:15am Recap of last meeting (May 24, 2017) John Bree (NEO)
11:25am Assessment Considerations, The Journey and Team Project! John Bree (NEO)
12:00pm Meeting Concludes
Ensure that SIG Members have a resource to turn to when they have questions concerning how organizations develop their sourcing strategies;
Provide an environment for SIG Members to network and develop relationships with subject-matter experts, thought leaders and practitioners in this business area;
Discuss sourcing strategies with SIG Members and focus on initial value assessments and optimal decision-making. This council will develop a general framework to help ensure that your business strategy is driving your decisions.
The Charter or Purpose of this Working Council is:
Working Councils are open to all SIG Members
Buy-Side participation is the core of our success!
John Bree is our Sell-side Council Leader
Time Topic Responsible
11:00am Welcome & Introductions Snehal Sindhvad (SIG)
11:05am SIG Working Group Concept & Structure Snehal Sindhvad (SIG)
11:15am Recap of last meeting (May 24, 2017) John Bree (NEO)
11:25am Assessment Considerations, The Journey and Team Project! John Bree (NEO)
12:00pm Meeting Concludes
oRecap of May 24, 2017 Council WebExoSourcing Lifecycle
oStrategy-Sourcing-Governance
oCost Focus to Strategic Value
oMaturity
oOpportunities
oSourcing Models
oReal Data-Time, Trends and Analytics
oLocation
oCaptive vs TPV
oTransition Framework
oScorecards for tracking
oGovernance
oMonitoring
oStaff and Skills
oHealth Checks
Time Topic Responsible
11:00am Welcome & Introductions Snehal Sindhvad (SIG)
11:05am SIG Working Group Concept & Structure Snehal Sindhvad (SIG)
11:15am Recap of last meeting (May 24, 2017) John Bree (NEO)
11:25am Assessment Considerations, The Journey and Team Project! John Bree (NEO)
12:00pm Meeting Concludes
Assessment ConsiderationsAuditors and Regulators
Risk Factors in Interconnected World
Setting the Strategy
Divisional Impact
Calculating the Risk
TPRM Framework
Sourcing / Procurement
Control Function Touch Points
Roles and Responsibilities
Contract Terms
Continuous Monitoring
Selection, Risk & Due Diligence
ContractsOngoing
Monitoring
Establish Third
Party/Contract
RiskEnsure Use and Completion of
Templates and Control
AssessmentsStandard
Contract
LanguageFormalize
Oversight and
Monitoring
Terminate
Exit Strategy and
Asset Return
13
Who has a project challenge they
would like to share with the
group?
We can work through the issues
together and determine the best
path to a solution.
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John BreeSVP & Partner
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QUESTIONS?14