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:
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 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:
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 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.
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.
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.
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.
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.
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:
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.
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:
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 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:
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.
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 is in the midst of a period of significant change - driven in large part by an exploding ecosystem of digital solutions. With these new options comes new expectations, specifically the need to provide a consumer-like buying experience for all categories.
For instance, the way that procurement buys technology is changing - from a one-size-fits-all model, to one where care is taken to architect a tech stack that can meet the needs of the business.
In this episode, host Philip Ideson welcomes two guests: Dr. Ferhat Eryurt, a Partner at ap-solut Group, and Lukas Wawrla, Co-founder and Managing Director at Archlet. They took the opportunity to discuss:
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.
In this special 4-part series, Managing Supplier ESG Risk, produced by Art of Procurement in partnership with Dun & Bradstreet, Host Philip Ideson is joined by Brian Alster, General Manager of Finance and Risk Solutions, and Rochelle March, Head of ESG Product, both at Dun & Bradstreet.
They dig into the emerging imperative for procurement to understand the ESG (or Environmental, Social, and Governance) profiles of their suppliers, and provide actionable tips and recommendations on how to manage ESG in the context of broader supplier and supply chain risk management.
In this special 4-part series, Managing Supplier ESG Risk, produced by Art of Procurement in partnership with Dun & Bradstreet, Host Philip Ideson is joined by Brian Alster, General Manager of Finance and Risk Solutions, and Rochelle March, Head of ESG Product, both at Dun & Bradstreet.
They dig into the emerging imperative for procurement to understand the ESG (or Environmental, Social, and Governance) profiles of their suppliers, and provide actionable tips and recommendations on how to manage ESG in the context of broader supplier and supply chain risk management.
In this special 4-part series, Managing Supplier ESG Risk, produced by Art of Procurement in partnership with Dun & Bradstreet, Host Philip Ideson is joined by Brian Alster, General Manager of Finance and Risk Solutions, and Rochelle March, Head of ESG Product, both at Dun & Bradstreet.
They dig into the emerging imperative for procurement to understand the ESG (or Environmental, Social, and Governance) profiles of their suppliers, and provide actionable tips and recommendations on how to manage ESG in the context of broader supplier and supply chain risk management.
In this special 4-part series, Managing Supplier ESG Risk, produced by Art of Procurement in partnership with Dun & Bradstreet, Host Philip Ideson is joined by Brian Alster, General Manager of Finance and Risk Solutions, and Rochelle March, Head of ESG Product, both at Dun & Bradstreet.
They dig into the emerging imperative for procurement to understand the ESG (or Environmental, Social, and Governance) profiles of their suppliers, and provide actionable tips and recommendations on how to manage ESG in the context of broader supplier and supply chain risk management.
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.
We are going to be discussing ‘experiential procurement’ in detail throughout 2022. In short, the experience procurement creates for all stakeholders - both while interacting with us and while navigating the buying process - is fundamental to determining the impact we can have and the role we can play in the businesses.
In this week’s episode, host Philip Ideson is joined by Tim Jones, former Chief Procurement Officer for Google, now Vice President of Business Operations at Epic Games. They last spoke (via podcast anyway) seven years ago - an entire lifetime in the procurement maturity progression.
Tim and Phil take this opportunity to catch up and dig into the concept of ‘experiential procurement’
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.