Webinar: Mastering Modern Supplier Selection
In today’s volatile global market, the difference between a resilient supply chain and a fractured one often comes down to how you select your partners.
In an exclusive webinar presented by Procurement Magazine in association with Amazon Business, we go beyond the basics of procurement. We dive deep into the modern methodologies transforming how organisations identify, evaluate and collaborate with suppliers. From leveraging real-time data to integrating ESG goals into your core strategy, this session provides the actionable framework needed to build a future-ready supply base.
Strategic Sourcing & Supplier Selection takes place on May 21, 4:00 PM — 5:00 PM BST; to register your interest, click here.
Beyond Cost: The New Sourcing Matrix
This session explores how to move beyond basic cost considerations by balancing competitive pricing with essential factors like supplier innovation, long-term stability and speed-to-market. Attendees will examine the power of data-driven decision-making, specifically how advanced analytics can remove bias from supplier selection and predict potential disruptions before they hit the supply chain.
The webinar further addresses modern risk mitigation through strategies for geographical diversification. By shifting the focus from "transactions" to "partnerships," organisations can build a more resilient foundation that protects operations against global volatility.
The integration of data into sourcing marks the final transition from tactical purchasing to strategic category management. By analysing historical patterns alongside market indices, procurement professionals can now predict price fluctuations and adjust tender cycles with precision.
This evidence-based approach moves beyond the traditional three-quote system toward a comprehensive understanding of the total cost of ownership. It allows for the identification of alternative materials or services that offer superior long-term value while aligning with broader corporate objectives like ESG targets.
Predictive analytics empower negotiators with the facts necessary to challenge incumbent suppliers and secure more favourable terms. This proactive stance ensures that procurement is not merely responding to market conditions but is actively preparing for them by locking in prices or diversifying the supplier base ahead of potential shortages.
Ultimately, the evolution toward smart procurement requires a commitment to data integrity and a cultural shift to ensure the function remains a vital component of corporate strategy. Whether you are looking to optimise an existing vendor list or completely overhaul your sourcing strategy, this webinar equips you with the tools to make more informed, strategic and impactful decisions.
Meet the speakers
Mira korhonen-low, Group Head of Procurement at Forenom
Mira is recognised for building and transforming organisations from the ground up: combining strategic vision with hands-on leadership and a results-driven mindset – with proven experience in managing large, diverse teams and full P&L ownership.
She is skilled in forging strategic partnerships, driving commercial negotiations, optimising global supply chains and delivering end-to-end business transformation. Mira is known for her authentic, collaborative leadership style and straightforward, outcome-oriented approach. She is also passionate about sustainable sourcing, upcycling, green transport and reducing the environmental footprint of goods and services through decarbonisation and other responsible business practices.
Shannon McCaul, Director at Optis
As a dedicated and results-driven professional, Shannon specialises in navigating the complexities of change management and project management to deliver impactful, sustainable transformations.
With a proven track record of aligning business objectives with innovative strategies, she excels in leading cross-functional teams and fostering collaboration to achieve measurable results.
She possesses change management expertise, developing and executing tailored change management strategies to drive adoption and engagement. Empowering stakeholders through targeted communication, training and support initiatives and cultivating a culture of continuous improvement by aligning processes, technology and people.
Shannon leads projects from initiation to completion, ensuring they are delivered on time, within scope and on budget. She leverages tools and methodologies like Agile, Waterfall and hybrid approaches to manage risk and optimise efficiency. Shannon is known for building and managing relationships with key stakeholders to align priorities and expectations.
