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.

Effective today, Art of Procurement has a new brand: an uploaded logo, look, and feel that align with our vision for procurement and the expanded content and events that are available to the AOP community. This rebrand comes after eight years of gradual shifts. Starting with the launch of the podcast in 2015, Art of Procurement has grown to become the leading source of trusted, actionable insights for forward-thinking procurement leaders. In this bonus episode, Partners Philip Ideson and Kelly Barner explain the intent and process behind this change: How our rebrand goes beyond just sporting a ‘new look’ The need for procurement advocacy across the executive suite How this brand update aligns with our larger mission to 10X the impact of procurement  

Supplier.io recently analyzed $1.4 trillion in spend looking for supplier diversity benchmarks that can be used to identify top performers and aid the advance of these programs regardless of maturity, size, or industry. In this episode, drawn from an AOP Live session, Philip Ideson and Kelly Barner are joined by Aylin Basom, CEO of Supplier.io, and Lois Eichacker, their Vice President of Customer Success. They share the findings of the 2023 Supplier Diversity Benchmarking Report and discuss the importance of having an accurate, reliable, and consistent way to measure supplier diversity program results.  Listen to this interview to discover: Why actionable data and benchmarks are critical to advancing the mission of the supplier diversity movement What the data reveals when small supplier spend and diverse supplier spend are studied separately The role industry plays in determining relevant supplier diversity benchmarks

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.