MANILA, Philippines - The Center for Global Best Practices (CGBP), in collaboration with Procurement and Sourcing Institute of Asia (PASIA), is launching a special program titled Best Practices in Supply Chain Management to be held at the Intercontinental Hotel, Makati City on April 20, 2010. Any business, with a product to sell and who wants to cut costs, improve quality and increase productivity must understand this very important topic. Supply Chain Management (SCM) spans all movement and storage of raw materials, work-in-process inventory and finished goods from point of origin to point of consumption. Implementing the best practices in this area of your business operation is a powerful way to gain competitive advantage and drive growth for your organization. Tonet Rivera, vice president of supply chain Asia and Europe of Mead Johnson Nuritionals, will discuss the best practices risk management strategies and approaches in procurement to decrease the vulnerability of supply chain and develop or risk sharing approach with suppliers based on structured contracts. This risk management approach has proven to save millions of costs for his company and others worldwide. We will also feature Danny Halim, vice president, Supply Chain of JDA Software Group, who will share the valuable insights and updates and latest industry trends globally on SCM. Barry Elliot, a veteran industry expert will present the best practices and right methodology on sales and operations planning for your organization. Learning this methodology is very empowering to an organization and its people. For more information, check www.cgbp.org or email Jessica@cgbp.org.