THE FACULTY QUARTERLY
MARCH 2016

Australian businesses urgently need to find a solution to a critical shortfall between the savings negotiated by its procurement teams and the money hitting the bottom line. The Faculty has taken up the challenge to work with Australia’s leading organisations to close the gap and make savings stick.

Tackling this challenge will require some out-of-the-box thinking, which is why the focus of The Faculty’s 9th Asia-Pacific CPO Forum will be on fostering innovation. Attendees will hear from a host of inspirational speakers providing new thinking not only around supplier product development, but how to create an innovative culture in their procurement team and discover new ways to solve existing problems – including how to make savings stick.

Keith Bird, Managing Director of The Faculty and former CPO of the Year, explains: “In essence, Australian businesses have a challenge worth hundreds of millions, and The Faculty has developed a multi-pronged approach to address this major gap and make savings stick. We’ve created business networks within the Australian and Asia Roundtables where CPOs share their knowledge and take solutions straight back to their organisations for implementation. At the organisational level, we’re providing tailored training to procurement teams with a strong focus on change management. Most importantly, the Asia-Pacific CPO Forum will provide that crucial spark to help the region’s top commercial leaders crack the code and problem-solve through innovative thinking to plug the savings leak before it becomes a torrent.”     

The Faculty Roundtable comprises of an influential group of procurement leaders who gather to share their experiences and insights, to achieve greater commercial success for their organisations. Through The Roundtable, members have access to leading-edge thought leadership and commentators, a ready supply of valuable expertise through exclusive market intelligence, as well as networking and professional development opportunities for themselves and their team members.

The Asia-Pacific CPO Forum is the region’s premier procurement event dedicated to accelerating commercial leadership at the highest level. It is a once-a-year opportunity for leading Chief Procurement Officers to engage with peers and like-minded business leaders in an intimate and interactive setting. The Forum is designed for delegates to facilitate the sharing of best practice strategies, develop innovative and responsive procurement approaches, and hear from a compelling speaker line-up of influential thinkers, eminent business leaders and commercially creative minds.

In 2016, The 9th Annual Asia-Pacific CPO Forum will held on 18th and 19th May in Melbourne, Australia. For more information contact Program Manager, Belinda Toohey, on +61 3 9654 4900 or via email.​