PSS2019: Asia

Growing in the Age of Risk and Leading with Digital Transformation
October 30 – November 1, 2019 | Shanghai, China
Renaissance Shanghai Zhongshan Park Hotel
Past Events Keynote Sharing

Cost Reduction Strategy & Risk Avoidance

Slides by Stephen McLaughlin, Vice President Global Sourcing & CPO of Tempur Sealy International at Proucrement Success Summit 2017

"Highly Effective Procurement Organizations Maintain Balance While Delivering Results."

Keynote Agenda:

A. Cost Reduction

• Material Cost
• Total Cost of Ownership
• Cost of Quality

B. Risk Mitigation

• Types of Risk
• Risk Management

C. Balancing Cost & Risk

• Integration into Category Mgmt Strategies
• Communication of Business Risks

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