It’s easy to think that in this world of access to information, being able to forecast, anticipate and (most importantly) RESPOND to changes is a straightforward task.
Just Google search the category or read articles from credible news sources and off you go. Right?
If the last few years have taught procurement anything it is that casual, high level research is not enough. We need to understand what changes are coming and develop the insight required to help the company prepare for that change.
Because of the importance of market intelligence to procurement’s work, we kicked off Categorypalooza 2022 by talking about how it can be used to generate insight that offers actionable value to the business. In this session, Host Philip Ideson speaks with ProcurementIQ’s Embry Davis and Ben Kempenich about how all of us can be prepared for the uncertainty and disruptions to come:
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.
This week we are featuring a special crossover episode from The Sourcing Hero podcast, a collaboration with our partners at Una. Hosted by our own Kelly Barner, The Sourcing Hero brings together professionals from a broad range of roles to share their stories of business heroism and optimism.
In this episode, Kelly welcomed Ashley Sieb, a creative, energetic marketing and communications specialist who knows her way around procurement. She also knows how to get - and keep - people’s attention… and then (to use her personal mantra) “find a way forward” that works for everyone.
Listen in as Ashley shares her tips and perspective on how anyone can drive higher levels of engagement from different types of audiences:
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.
Procurement teams often struggle to connect their business case for S2P and the systems-related work and change required to deliver ROI. Platforms are chosen for the wrong reasons, system administrators turn over, catalog setup work becomes a secondary priority, and hastily made configuration choices add friction over time.
This episode is based on an AOP Live webinar titled “Digital Procurement Is Not Easy: Don’t Go It Alone.” Host Philip Ideson was joined by Anthony Mignogna and Claire Sexton from Corcentric who shared their advice for getting the most out of a source to pay technology investment.
Anthony and Claire answered questions on implementation-related topics such as:
In this Art of Procurement special series, host Philip Ideson asks members of the WNS Denali team: How do you design an end-to-end ecosystem based procurement operating model? Throughout the four parts of this series, they provide their insight about the basics of an ecosystem approach, and then each set of guests digs into specifics across category management, source to contract, and procure to pay processes.
In the fourth and final episode in this series, he is joined by Sushant Adhikari, Director, and Sanjeev Singh, Director of Capabilities and Solutions, both at WNS Denali.
In this interview, Sushant and Sanjeev focus on the procure to pay process:
In this Art of Procurement special series, host Philip Ideson asks members of the WNS Denali team: How do you design an end-to-end ecosystem based procurement operating model? Throughout the four parts of this series, they provide their insight about the basics of an ecosystem approach, and then each set of guests digs into specifics across category management, source to contract, and procure to pay processes.
In the second episode, he is joined by Lynn Rideout, Vice President of Global Category Advisory, and Sanjeev Singh, Director - Solutions both at WNS Denali.
They focus on taking an ecosystem approach to the category management process:
In this Art of Procurement special series, host Philip Ideson asks members of the WNS Denali team: How do you design an end-to-end ecosystem based procurement operating model? Throughout the four parts of this series, they provide their insight about the basics of an ecosystem approach, and then each set of guests digs into specifics across category management, source to contract, and procure to pay processes.
In this first episode, he is joined by Satyen Pathak, Vice President Solution and Capabilities, and Lynn Rideout, Vice President of Global Category Advisory, both at WNS Denali.
They take this opportunity to discuss how to start the planning process for taking an ecosystem approach to procurement:
In this Art of Procurement special series, host Philip Ideson asks members of the WNS Denali team: How do you design an end-to-end ecosystem based procurement operating model? Throughout the four parts of this series, they provide their insight about the basics of an ecosystem approach, and then each set of guests digs into specifics across category management, source to contract, and procure to pay processes.
In the third episode, he is joined by Sushant Adhikari, Director, and Sanjeev Singh, Director of Capabilities and Solutions, both at WNS Denali.
Their conversation focuses on the source to contract process:
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.
Most of the improvements procurement has achieved over time have been incremental. And while there is nothing wrong with incremental change, the challenges presented by today’s economy and global supply disruptions demand more.
This is procurement’s “hour of change and challenge” as J.F.K. said in the famous speech quoted above.
During the last 20 years or so, procurement has operated within a narrow band of capabilities and strategies. And while we have certainly had to contend with external limiting factors, many of the guardrails that constrain us are ones that we put in place for ourselves.
If procurement wants to reach the next level, we have to break free from those guardrails and break down traditional notions of what procurement is and what we can deliver to the business.
From day one of Art of Procurement, our intent has been to help procurement organizations become and remain relevant. To meet the demands of this moment of change and challenge, we have chosen to embark on a mission to 10X the impact of procurement.
In this special podcast, Philip Ideson and Kelly Barner share the philosophy behind 10X: