Damon De La Pena, Managing Director BDM Consulting, has been invited to speak as a panelist at the 7th Annual Pay-To-Procure Conference in Boston, MA.  The theme of this year's conference is "Leveraging Current Opportunities around Corporate Spend Management whilst Minimizing the Impact on A/P".  The conference will be held July 27-29, 2009  at the Hyatt Cambridge in the Boston Metro Area.

Participants at the conference will have the opportunity to learn how to:

• Minimize your company spendby transforming your sourcing practices, taking advantage of global procurement and optimizing AP functions
  
• Identify and develop new sourcing and purchasing strategiesby taking advantage of current market conditions and new e-procurement technologies
• Eliminate errors and tackle the complexity of payment methodsby enhancing visibility, compliance and control in your company’s procurement practices
• Achieve significant cost savings by applying Strategic Sourcing and re-negotiating current contracts
  

De La Pena will participate on a panel discussion in the morning of July 27 entitled "Taking Advantage of Strategic Sourcing: When and Why do I Need to Re-evaluate my Suppliers’ Base".   One of the greatest challenges for sourcing professionals today is to not overlook opportunities that the current market situation presents for them. Sourcing experts need to be able to move “fast” and be “smart” making decisions regarding procurement strategeis. Key messages from the interactive session include:

• Take advantage of low commodity prices in the US and abroad and their affect on overall procurement strategy
  
• Develop relationships with “key” suppliers through applying long-term contract negotiations techniques
  
• Leverage dual-sourcing and other techniques to hedge the risks associated with poor financial standing of suppliers
  

To learn more about the conference, download a complete copy of the Pay-to-Procure Conference agenda by clicking on the pdf icon below: