Spend Management to be Examined at Conference Board Meeting in New York September 15-16

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. October 14, 2008

NEW YORK, NY, September 7, 2005. Leading executives and management experts from top companies will examine strategies for strategic sourcing, cost savings, and continuous improvement at The Conference Board's 2005 Spend Management Conference. This meeting will be held September 15-16 at the Grand Hyatt New York.

This meeting is presented with assistance from Emptoris and Zycus:

The keynote address, "How to Apply Enterprise Spend Management to Improve Competitiveness," will be delivered by Keith Jones, Vice President and Chief Procurement Officer, Aetna, Inc.

"Achieving Significantly Greater Savings Through Advanced Sourcing Technologies" will be addressed by Kevin Potts, Vice President of Marketing, Emptoris, Inc., and Robert A. Rudzki, President of Greybeard Advisors, LLC and Former Senior Vice President & CPO, Bayer Corporation.

"Tracing the Spend Data Management (R)Evolution" will be examined by Sandip Maiti, Vice President, Marketing, Zycus Inc.

"The Challenges of Accurate Procurement Data and Understanding Real Time Spending" will be addressed by Joe Siciliano, Procurement Director, Avaya Corporation.

"The Use of Spend Analysis for Defining and Prioritizing a Strategy for Cost Containment" will be explored by Ed Williams, Vice President, Corporate Supply Chain, Johns Manville.

"Strategic Spend Management in some Strange and Untapped Places: Human Resources and Marketing" will be examined by Mark Edward Reeves, Director, Strategic Project Management Group, Corporate Staffing, The Hartford.

"The Different Types of Tools and Technology Used for Spend Management and Strategies for Cost Reduction and Containment" will be discussed by Bruce Guilbeault, Director, Procurement, Indianapolis Power & Light; Kevin Potts, Vice President of Marketing, Emptoris, Inc.; Alan Daniel, President, A-D Consulting; and Sandip Maiti, Vice President Marketing, Zycus, Inc.

"A Case Study on How Spend Analysis Changed Supply Management for Printing Sourcing, Reducing Costs and Improving Flexibility" will be presented by Christine Boyd, JCP Media L.P., Senior Procurement Agent, Procurement and Strategic Sourcing, J.C. Penney Corp. Inc.

"Transforming the Procurement Department from a Cost Center to a Profit Center" will be addressed by Tim Campbell, CPA, CPM, Philip Morris.

"A Government Organization Recognizes the Value of Understanding the Total Department Category Expenditures and Sets a Strategy for Improvement" will be presented by Ira Feldman, Purchasing Manager-Vehicles, United States Postal Service.

"A Case Study of Strategy, Implementation and Results on Information Technology Supply Management" will be presented by Russ Boyd, Supply Management, Perot Systems.

"A Case Study on How Spend Management Analysis Improved the Supply Management Organization for Services" will be presented by Mark Schmitt, Acting Director Supply Chain Management, Louisville Gas & Electric.

A panel on "The Value of Spend Analysis to Define Opportunities and Speed Cost Containment as Well as Newer Techniques and Technology" will feature Dallas M. (Mike) Darland, Vice President Supply Chain, Chief Procurement Officer, SAPPI Fine Paper North America; Tom Speh, Ress Distinguished Professor of Distribution, College of Business Administration, Miami University, Oxford, Ohio; Mark Schmitt, Acting Director Supply Chain Management, Louisville Gas & Electric; and Tim Campbell, CPA, CPM, Philip Morris.