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Art of Procurement

Learn from Procurement Experts. Host Philip Ideson talks with thought leaders who share the trends, strategies and tactics that you can lever to elevate the role of procurement - and your career.
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Now displaying: 2022
May 16, 2022

Contingent workforce spend is often seen as a risky, cost-based category. While lowering cost and risk is important, there is a whole range of strategic benefits available to companies that take a broader approach. 

Procurement needs to think bigger and take the category to the next level so they can deliver value beyond savings. 

In this episode, Philip Ideson is joined by Morten Petersen, the co-founder and CEO of Worksome, as well as James Nicholls, Worksome’s Head of Enterprise, about contingent workforce trends and best practices.

They discuss a number of audience-driven topics, including: 

  • How contingent workforce is changing, 
  • Procurement’s role in helping organizations think about talent more broadly, 
  • How contingent workforce spend can deliver a lot of value and innovation, 
  • And finally, how to avoid doing more harm than good!
May 13, 2022

Procurement 6 is a new short podcast from Art of Procurement that will be published in the Art of Procurement feed every Friday morning at 6am US Eastern Time. Presented by a member of the Art of Procurement team, each episode will have 6 short segments that summarize this week in procurement.

Segments will range from procurement tips to podcast summaries, from details of events to news or overviews of blog posts that have captured our attention this week.

May 9, 2022

Far more teams talk about category management than successfully carry it out, but is the challenge one of talent or scale? It is certainly one of the more creative processes procurement engages in, which opens the door to more value creation - as long as procurement has the right metrics and KPIs guiding their work.

In this week’s episode, we bring you a session from our recent AOP Digital Outcomes 2022 virtual event. Kelly Barner was joined by Gary Levitan from WeWork and Remko Van Hoek from the University of Arkansas to discuss whether or not category management initiatives can be executed at scale.

Key takeaways from the interview include:

  • Category management can facilitate stakeholder collaboration when products, services, and/or suppliers overlap
  • How the automation of rote and even ‘boring’ procurement tasks can make it possible for procurement to invest more time and effort in strategy 
  • Why it is important to consider automation part of a process or a subset of spend categories instead of waiting to include 100% at the same time
May 6, 2022

Procurement 6 is a new short podcast from Art of Procurement that will be published in the Art of Procurement feed every Friday morning at 6am US Eastern Time. Presented by a member of the Art of Procurement team, each episode will have 6 short segments that summarize this week in procurement.

Segments will range from procurement tips to podcast summaries, from details of events to news or overviews of blog posts that have captured our attention this week.

May 3, 2022

We all know what digital transformation is, right? The two words together sound simple enough, but it has become an increasingly complicated process that might start with the intention to improve the business but ends up as a band-aid for problems that never see the light of change. So where have we gone wrong?

Don’t worry, it’s not all on you! Dr. Epstein reveals from a consultant’s point of view the many missteps she’s seen at the executive level that have perpetuated a cycle of inept transformations. But there is hope – in the data flowing through the enterprise and the people working together to use it.

But, Dr. Epstein reminds us – there is no magic button. It takes work. There’s a new skill set that requires a general digital literacy, but it also requires working with people that perhaps have been the roadblock for a long time.

Show host Katherine McCleery takes listeners on a journey through Dr. Epstein’s comprehensive view of where procurement’s gone wrong and a closer look at the path she sees ahead: 

  • How procurement leaders can build a business case for better data and what it takes to close the gap with CIOs 
  • Why open-sourcing data analysis and business strategy is one way to move procurement and supply chain forward
  • Predictions on the state of the supplier experience and where we can expect to see new investment in 2022
May 2, 2022

Procurement’s time, energy, and attention are being pulled in a million directions today - but the ‘loudest’ issues are not always the most important ones. Despite constant disruption and economic uncertainty, we still need to maintain our investment in sustainability, an effort that provides an opportunity for procurement to show what we are truly capable of in terms of organizational impact. 

In this week’s episode, Philip Ideson is joined by one of the giants of the procurement industry, Thomas Udesen, Chief Procurement Officer at Bayer and the Co-Founder of the Sustainable Procurement Pledge. They took this opportunity to discuss his unique procurement philosophy.

Of particular interest are Thomas’ comments on:

  • What sustainability means to him and the role procurement can play in addressing this important challenge 
  • The key ideas he heard at the recent World Sustainable Procurement Day event
  • How procurement can ensure that ideation about sustainability leads to associated actions
Apr 29, 2022

Procurement 6 is a new short podcast from Art of Procurement that will be published in the Art of Procurement feed every Friday morning at 6am US Eastern Time. Presented by a member of the Art of Procurement team, each episode will have 6 short segments that summarize this week in procurement.

Segments will range from procurement tips to podcast summaries, from details of events to news or overviews of blog posts that have captured our attention this week.

Apr 25, 2022

In late 2021, LinkedIn selected Art of Procurement Head of Content and Brand Partnerships Kelly Barner to be one of 100 creators - and the only procurement professional - to go through their first ever Creator Accelerator Program. For ten weeks starting in January 2022, Kelly had to post four pieces of new content per week related to her project, which was focused on supplier diversity.

Although the program wasn’t easy to complete, it was a great opportunity for Kelly to learn more about a critical topic, to receive personalized coaching about how to make the most of LinkedIn, and to show a broad audience how valuable and interesting procurement is.

In this episode, Host Philip Ideson interviews Kelly about:

  • Having the opportunity to be an early Beta tester for LinkedIn’s new live audio event functionality
  • Best practices for being engaged on LinkedIn in a way that increases the size of your network and reinforces the value of active connections
  • Challenging and surprising takeaways from her 50+ interviews with supplier diversity professionals, certifying organizations, and diverse-owned businesses
Apr 22, 2022

Procurement 6 is a new short podcast from Art of Procurement that will be published in the Art of Procurement feed every Friday morning at 6am US Eastern Time. Presented by a member of the Art of Procurement team, each episode will have 6 short segments that summarize this week in procurement.

Segments will range from procurement tips to podcast summaries, from details of events to news or overviews of blog posts that have captured our attention this week.

Apr 18, 2022

Procurement wants to have an impact on the organization we support. Usually that impact is measured in terms of savings, but with the advancement of digital tools and sophisticated processes, we have the opportunity to take that ‘impact’ to the next level, making it scalable and sustainable.

In this week’s episode, we bring you a session from our recent AOP Digital Outcomes 2022 virtual event. Helen Mackenzie was joined by Johann Raunig, a Partner at McKinsey, who has undertaken a lot of work to identify key disrupting elements. 

Key takeaways from the interview include:

  • A number of disrupting imperatives that are impacting procurement, the procurement delivery model, and our ability to accelerate our impact
  • How procurement can achieve a response speed that matches the kinds of uncertainty we must navigate
  • Why and where we should bring select suppliers into the procurement transformation process as well
Apr 15, 2022

Procurement 6 is a new short podcast from Art of Procurement that will be published in the Art of Procurement feed every Friday morning at 6am US Eastern Time. Presented by a member of the Art of Procurement team, each episode will have 6 short segments that summarize this week in procurement.

Segments will range from procurement tips to podcast summaries, from details of events to news or overviews of blog posts that have captured our attention this week.

Apr 11, 2022

Procurement is finally a ‘labor of love’ for many of the professionals who make up its ranks. And while enthusiasm within the profession is a huge step in the right direction, there is still work to be done to win the hearts and minds of broader cross functional teams.

Each CPO has the opportunity to place their team at the intersection of company culture and employee experience, determining how procurement can advance and align at the highest levels of the company. The ultimate goal of this approach is for procurement to become a trusted advisor to the business.

In this interview, created as an AOP Live session, Host Kelly Barner is joined by Colin Glazier, VP of Solutions Consulting at Zip, and Joe Frederick, Senior Director of Procurement & Sourcing at Snowflake.

They share their unique perspectives on the important role procurement plays as a key enabler for innovation:

  • The qualities and actions that define a world class procurement experience
  • The most common friction points that exist in procurement processes and the impact their have on the business
  • How technology can help solve these issues, and what people and process steps need to be taken first
  • A new discussion of the classic ‘make v. buy’ decision and how enabling technologies can improve the employee experience.
Apr 8, 2022

Procurement 6 is a new short podcast from Art of Procurement that will be published in the Art of Procurement feed every Friday morning at 6am US Eastern Time. Presented by a member of the Art of Procurement team, each episode will have 6 short segments that summarize this week in procurement.

Segments will range from procurement tips to podcast summaries, from details of events to news or overviews of blog posts that have captured our attention this week.

Apr 5, 2022

Procurement has the best seat in the business right now with more influence on spend than ever before, yet still remains incredibly elusive to the sales teams 18 months into pursuing them. We have to ask – is procurement the problem or is sales just not getting it? Regardless of which side you’re on, that answer is probably blocking deals and opportunities for innovation in your organization.

It’s the seemingly age-old question asked in this episode of Procurement for the People that now has a very clear answer bridging the gap between those that hold the spend and the ones looking to win their business. 

Show host Katherine McCleery brings the two worlds together with guest Jill Robbins, for a masterclass on selling to procurement and how to make an impact on the value chain. Jill opens up her own sales playbook built upon years of experience in procurement.

Apr 4, 2022

The self-service approach has been used in a number of corporate process areas, such as requisitioning, contingent labor, benefits, employee onboarding, mobility, and travel booking. What’s more, it has been in use for decades - it is no longer an untested method. Procurement must catch-up with stakeholder expectations for scalable, digital enablement in purchasing as well.

At Art of Procurement’s Digital Outcomes event in March, session moderator Philip Ideson had the opportunity to speak with Elisabeth Schlag Lawrence, SVP, Head of Procurement Governance & Enabling at Bayer, and Mita Gupta, Senior Vice President at Globality Inc., about this topic.

The central question was whether self-guided buying can enable the business to scale quickly and easily - and how procurement can adjust to the change as well.

Apr 1, 2022

Procurement 6 is a new short podcast from Art of Procurement that will be published in the Art of Procurement feed every Friday morning at 6am US Eastern Time. Presented by a member of the Art of Procurement team, each episode will have 6 short segments that summarize this week in procurement.

Segments will range from procurement tips to podcast summaries, from details of events to news or overviews of blog posts that have captured our attention this week.

Mar 28, 2022

The common legacy of procurement software is one of overpriced technology that no one uses (if they can avoid it). Procurement technology is perceived as a tool intended for process enforcement rather than enabling insight or competitive advantage.

But it doesn’t have to be that way.

For all of procurement’s talk about wanting to change, it seems as though the desire for a new way of doing things is stronger outside of procurement than within. Before procurement can actively drive change for ourselves, through technology and analytics, we have to embrace a whole new mindset - one that creates a culture of insight by providing open access to actionable data.

In this episode - based on an AOP Live session, Heta Ruikka, Vice President of Product Management at Sievo, and Flavio Monteleone, an Expert Partner in Procurement at Bain & Company, discussed ways for procurement technology to be user friendly - even in the midst of data heavy activities.

  • Why collaborating with the business to leverage the power of data is where the magic happens
  • The ‘people challenges’ that have to be resolved before any technical challenges can be addressed or deliver ROI
  • What Sievo has learned from their clients about the power of self-service dashboards
Mar 25, 2022
Procurement 6 is a new short podcast from Art of Procurement that will be published in the Art of Procurement feed every Friday morning at 6am US Eastern Time. Presented by a member of the Art of Procurement team, each episode will have 6 short segments that summarize this week in procurement.

Segments will range from procurement tips to podcast summaries, from details of events to news or overviews of blog posts that have captured our attention this week.

Mar 21, 2022

In September of 2021, Art of Procurement collaborated with BT Sourced, the procurement services group at BT, to produce a hybrid event called Dare to Discover: Reaching New Heights for Procurement. As part of this event, Philip Ideson had the opportunity to facilitate three executive panel sessions. 

In this week’s episode, you’ll get to hear the last of those panels, a discussion focused on the formation of procurement companies. He interviewed three leaders who work, not just in internal procurement departments, but companies that spun procurement out of their organizations to create independent procurement companies. 

The panel featured Cyril Pourrat, Founder and Chairman of the Board at BT Sourced; Vanessa Pepperell, Global COO and Strategy Procurement VP at Aquanima; and Beatrice Felder, CEO of BuyIn, who support companies like Deutsche Telekom and Orange. The conversation they had gives all procurement organizations and leaders an opportunity to consider what it is like to think like an external service provider.

Of particular interest are their comments on:

  • The stories and journeys behind their move from internal procurement lead to externally facing service providers
  • What suppliers of the companies they support think about the shift in model and how it affects their experience
  • How they think the model of a procurement operating company will evolve from this point forward
Mar 18, 2022
Procurement 6 is a new short podcast from Art of Procurement that will be published in the Art of Procurement feed every Friday morning at 6am US Eastern Time. Presented by a member of the Art of Procurement team, each episode will have 6 short segments that summarize this week in procurement.

Segments will range from procurement tips to podcast summaries, from details of events to news or overviews of blog posts that have captured our attention this week.

Mar 14, 2022

Talent management is one of the hottest trends in business today. Talent has always been a key differentiator, but recent changes have been accelerated by COVID and stressed by the great resignation, leading us to total talent management - also known as contingent labor. 

In this episode, host Philip Ideson is joined by Mathias Linnemann, the Co-founder and Chief Commercial Officer of Worksome, a marketplace and workforce management systems for freelance and contract labor. He and his team have had a front row seat for the recent changes in talent, and they have not just monitored trends - they have found ways to innovate the space as well.

They take this opportunity to discuss:

  • The rise of the freelance economy and what it means for companies and procurement teams
  • Recent changes in how companies are accessing talent, and how that provides new opportunities to access talent and experience were previously out of reach
  • Who owns the talent spend category, and the role that procurement can play in driving business outcomes that extend far beyond savings
Mar 11, 2022

Procurement 6 is a new short podcast from Art of Procurement that will be published in the Art of Procurement feed every Friday morning at 6am US Eastern Time. Presented by a member of the Art of Procurement team, each episode will have 6 short segments that summarize this week in procurement.

Segments will range from procurement tips to podcast summaries, from details of events to news or overviews of blog posts that have captured our attention this week.

Mar 8, 2022

Procurement has struggled to achieve alignment with the business for a long time, and we’ve always owned that disconnect - feeling that we were somehow falling short, or not communicating clearly, or just plain misunderstanding what is needed of us. But what if the root of the problem is something else… what if it is ‘them?’ 

In the first episode of Procurement for the People, host Katherine McCleery welcomes Daniel Barnes, contract management extraordinaire and founder of World of Procurement – which began as a blog and has expanded to so much more including a Discord community. 

Katherine takes this opportunity to speak with Daniel about why no one ‘gets’ procurement, and what we can do about it:

  • How procurement can present a value proposition to stakeholders that fosters understanding
  • The harsh reality of supplier contracts and what stakeholders should get out of a good contract review
  • Why procurement should have the endgame in mind, no matter where they are in the process
Mar 7, 2022
Since Russia invaded Ukraine, the whole world has watched unbelievable scenes unfolding before our eyes on television. And while most people have a feeling of helplessness, procurement and supply chain skills are critically important for securing and moving the goods that the Ukrainian people require right now.

The biggest challenge of all is harnessing all the goodwill from the procurement community and making sure we use it to hit what is undeniably a moving target.

In this short but very important podcast, host Philip Ideson is joined by a good friend of the show, Sammeli Sammalkorpi. Many of our listeners know Sammeli as the CEO and Co-Founder of Sievo, based in Helsinki, Finland. What you may not know is how Sammeli has mobilized his team in support of Ukraine.

In this conversation, Sammeli shares what procurement professionals can do right now, starting with Procure4Peace, the brand new resource for anyone who wants to help.

Mar 4, 2022

Procurement 6 is a new short podcast from Art of Procurement that will be published in the Art of Procurement feed every Friday morning at 6am US Eastern Time. Presented by a member of the Art of Procurement team, each episode will have 6 short segments that summarize this week in procurement.

Segments will range from procurement tips to podcast summaries, from details of events to news or overviews of blog posts that have captured our attention this week.

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