Art of Procurement

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.

Despite the efforts that have been made to eradicate slavery, the practice has adapted. People all over the world are being held against their will and forced to provide labor, endure inhuman treatment, and are even subject to forcible organ harvesting.   Tim Nelson is the CEO of the charities Hope for Justice and Slave Free Alliance. He was working in the banking industry when he met a ‘slave hunter’ through a friend - a chance encounter that started his mission to expose and address the slavery and human trafficking that exist within today’s supply chains. Today he is fighting both worldwide through an ever-expanding network of team members and partners. In this episode, Tim shares his knowledge and and advice with Philip Ideson about: Some of the products, services, and supply chains that are at high risk of involving modern slavery  Internal and external drivers of change that are starting to move the needle on modern-day slavery The role that procurement professionals can - and must - play in working to protect human rights and protect companies from reputational risk  

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.

The combined challenges of the global economy and digital competition are very real for most executive leadership teams. While many of the decisions they must make are focused on short term agility and operational resilience, they can’t allow themselves to lose sight of the investments required to fuel longer term growth. In this episode, based on an AOP Live session, Kelly Barner and Philip Ideson are joined by Yatin Anand, Principal and Procurement Leader at KPMG, and Michael van Keulen (“MVK”), Chief Procurement Officer at Coupa. They address how procurement can increase overall business resilience for the sake of short term agility and long term growth. Yatin and MVK answer questions about: How CEOs and leadership teams are approaching the challenges and opportunities they face today and the steps they are taking to prepare for the future Ways to enable companies to make better decisions across a range of strategic objectives by achieving better control over their spend  Where ESG targets fit into supply chain programs that are constantly being forced to emphasize risk and cost  

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.

The sooner procurement is engaged in a business need, sourcing project, or contract process, the better the outcome will be for the business. This principle is widely accepted within procurement as truth, but has it ever been proven? If procurement could provide data to support earlier engagement and stronger upstream relationships with the business, the entire value equation would change. Brian Peters is the Senior Director of Global Procurement Services & Delivery at Gilead Sciences, and he has a theory. He believes that if procurement has better upstream relationships, he will be able to measure the benefits in terms of: Higher savings Improved business outcomes Increased stakeholder satisfaction Shorter cycle times Improved supplier experience In this conversation with host Philip Ideson, Brian talks about his theory regarding the ROI of procurement’s upstream relationships and the process he and his team are going through to prove it is true.  

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.

Many leading procurement professionals started out in completely different fields. And while they manage spend and suppliers today, those past practices, skills, and perspectives are still available to them. That diversity of perspective is part of what makes procurement teams so creative and resilient. In this episode, Philip Ideson is joined by Fadi El Mouallem, a global procurement executive and digital transformation advocate. Fadi has experience working at companies like Salesforce and Apple, but his original field was architecture… something that has come in particularly helpful in a field that is constantly balancing art and science. When it comes to building and enabling amazing teams, Fadi has plenty of advice to share: The importance of being able to step back and take in the big picture while also keeping an eye on the details Purposefully pursuing a broad range of talent and backgrounds when introducing someone new the team The many forms that organizational influence can take, and why it always starts with human connection  

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.

In this four-part special series, host Philip Ideson speaks with members of the Sievo team. In each episode, we discover a unique way that differentiated decision making can help procurement 10X their impact: procurement as an information hub, ESG analytics, investments in talent, and crossing the data to action gap. In the fourth and final episode in this series, he is joined by Sammeli Sammalkorpi, CEO and Co-Founder of Sievo, to bring the whole series together by looking at how procurement can cross the data to action gap. They take this opportunity to discuss:  What the next frontier in procurement analytics may look like  Whether automated decision making will replace procurement professionals  How procurement decision makers should think about procurement data assets