“I think there is an element of mastering your own destiny, a sense of showing up and being engaged in the conversation about what the change should be and the nature and how you do it.” - Aaron Addicoat, Director at AlixPartners
In a session at Mastermind Live 2024, Kelly Barner spoke with Aaron Addicoat, Director at AlixPartners, to examine the ways procurement can adapt their operating model to achieve business objectives - and do so with the right attitude.
Aaron’s passion for procurement and all it encompasses was apparent as he shared his thoughts on:
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“I think there's this dichotomy of two things that we always have to keep in mind in procurement. We don't want to create friction. We want frictionless procurement. At the same time, we want to be seen as the people who have ideas, who could come up with something that could be innovative and have influence in the business.” - Constantine Limberakis, CEO and Owner of Liberis Consulting LLC
In a session at AOP Mastermind Live 2024, Kelly Barner sat down with Constantine Limberakis, CEO and Owner of Liberis Consulting LLC, to discuss the macroeconomic concerns and trends that procurement will certainly need to keep an eye on in the coming year.
During the session, Constantine combined his Masters Degree in public and international affairs and more than 20 years in procurement to give his perspective on:
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Procurement 6 is a short podcast from Art of Procurement that publishes 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 has 6 short segments that summarize the week in procurement.
Segments range from procurement tips to podcast summaries, from details of events to news or overviews of blog posts that capture our attention.
"Procurement organizations that are able to master knowledge around their workflows and categories, and bring that intelligence on demand into their processes and tech, are going to really be able to get that 5x, 10x, 20x kind of performance advantage. It’s a game-changer.” - Pierre Mitchell, Chief Research Officer and Managing Director, Spend Matters
Procurement technology is a fast moving target, and well-known industry analyst Pierre Mitchell is one of a handful of highly experienced people who can provide a nuanced perspective on the evolving landscape of procure tech, both looking back at what’s been accomplished while simultaneously predicting the trends that will drive us into 2025 and beyond.
In this episode, Philip Ideson speaks with Pierre, who is the Chief Research Officer and Managing Director at Spend Matters, about the critical factors impacting the procure tech market, how to avoid data paralysis, the road ahead for procurement and generative AI, and how procurement leaders can wade through a crowded, fragmented, (and still growing!) procure tech landscape.
They also discuss:
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Procurement 6 is a short podcast from Art of Procurement that publishes 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 has 6 short segments that summarize the week in procurement.
Segments range from procurement tips to podcast summaries, from details of events to news or overviews of blog posts that capture our attention.
“For procurement, now is the time to raise your hand and sit at the table where your company is deciding on AI use cases, because that is going to transform your trajectory in the industry and the company.” - Mary Purk, Co-Author of "Growing Up: Navigating Generative AI’s Early Years – AI Adoption Report" by AI at Wharton
It’s been two years since ChatGPT democratized AI technology access and became the most rapidly downloaded consumer application in history. Since then we’ve seen a steep acceleration of AI-driven innovation, opportunity, and concern.
Just like every other area of the business, procurement has their own unique story about the way AI continues to change the way they function and create value.
In this episode, Philip Ideson speaks with Mary Purk, co-author of the recently published AI adoption report “Growing Up: Navigating Generative AI’s Early Years” by AI at Wharton and GBK Collective. The report provides data on AI adoption trends within businesses and across functions and the impact that AI is having and will have in the future.
Mary and Philip discuss:
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Procurement 6 is a short podcast from Art of Procurement that publishes 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 has 6 short segments that summarize the week in procurement.
Segments range from procurement tips to podcast summaries, from details of events to news or overviews of blog posts that capture our attention.
“If you want to be a customer of choice, it's not going to come down to the contract, it's going to come down to the relationship, even at the individual level.” - Oliver Jones, Director (Procurement) for H&Z Management Consultancy
Procurement may be a highly tech-driven function – and growing ever more so by the day – but at its core, the quality of procurement’s relationships with internal stakeholders and suppliers ultimately determine their success or failure for the business.
In this episode, Philip Ideson speaks with Oliver Jones, Director (Procurement) for H&Z Management Consultancy, about why the “relationship” part of supplier relationship management (SRM) is vital for procurement’s ability to deliver value to the business. He also shares his perspective on how procurement can overcome some of the more common obstacles to creating strong relationships, but why, in the end, it’s well worth the effort – for procurement, for suppliers, and for the business in general.
They also discuss:
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