Engineering procurement cost reduction
Speaker: Dan Bartel, CPO at ABB
6.30pm Drinks and networking
7.15pm Dinner and discussion
How ABB's procurement function has mastered savings tracking
Generating cost reductions is a fundamental goal of any procurement function. And ‘savings delivered’ is usually a key KPI. Yet in many organisations there seems to be a perennial mismatch between what is promised by the CPO at the start of the year, and what is found in the P&L at the end of the year. Why does this mismatch exist? Were the CPO’s projections unrealistic? Did the savings simply not happen, despite being reported? Or did they happen, but just can’t be pinpointed in the P&L?
About the speaker
Dan Bartel will open the evening’s discussion by sharing his experiences of managing and tracking cost reduction at ABB. Dan is the Chief Procurement Officer at ABB, a position he has held since August 2017, where he manages spend of $20 billion and a team of 5,000. Since 2012, he served in several supply chain leadership roles within ABB. Dan previously held several supply chain leadership positions in Rockwell, Danaher and most recently Thomas & Betts. He holds an Executive Masters of Business Administration (EMBA) from the Institute for Management Development (IMD) in Lausanne, Switzerland, and a Bachelor of Business Administration in Production Operations Management from the University of Wisconsin-Whitewater.
The Baur au Lac set in its own park, enjoying a unique location overlooking the lake and the Alps – and yet is still a few minutes’ walk from the Paradeplatz financial district and the Bahnhofstrasse. The elegant Pavillon is one of the most famous restaurants in Zurich. Chef Laurent Eperon, who has been awarded one Michelin star and 18 GaultMillau points, enchants his guests with seasonal and modern interpretations of classic haute-cuisine.
The CPO Leadership Club is a networking club for CPOs and senior procurement professionals. Getting to the very heart of procurement challenges and opportunities, it has been designed to provide a wealth of insight, expert knowledge exchange, and valuable networking opportunities.