Heard in the Channel : Avnet Exec to Address Procurement Conference

Lalit Wadhwa, vice president, global supply chain operations at Avnet Electronics Marketing, an operating group of Avnet, Inc. (NYSE: AVT), will address how procurement executives can better utilize metrics to help achieve corporate objectives during an upcoming industry conference. Wadhwa will discuss the topic in his presentation, “Using Metrics Framework and Scorecards to Align Goals of Procurement with the Enterprise at Large,” at the IQPC 2014 Chief Procurement Officer Exchange, slated for October 19-21 in Frisco, Texas.

The CPO Exchange is an invitation-only event catering to senior purchasing, sourcing, procurement, and supply chain executives responsible for providing strategic leadership and guidance within their companies.

“As supply chains increasingly define an enterprise’s competitive standing, procurement groups must be more cognizant of the need to align their goals with the overall strategic direction of their organization in order to support the bottom line and enhance productivity,” said Wadhwa. “In my presentation, I will discuss the various ways in which procurement organizations can/should utilize metrics and scorecards to deliver greater value by driving more cohesion with both internal and external business partners.”

Key discussion points in the presentation will include:

The role of metrics to align goals of procurement
The role (if any) that procurement should take in the long-term planning aspects of the enterprise
Frequency in which procurement and its business partners should review for validation, modification, and realignment of their respective operational/business plans

Procurement’s role in gaining alignment of all stakeholders when business partners’ plans and priorities conflict.

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