Art of Procurement

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. Why collaborating with the business to leverage the power of data is where the magic happens The 'people challenges' that have to be resolved before any technical challenges can be addressed or deliver ROI What Sievo has learned from their clients about the power of self-service dashboards

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 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: The stories and journeys behind their move from internal procurement lead to externally facing service providers What suppliers of the companies they support think about the shift in model and how it affects their experience How they think the model of a procurement operating company will evolve from this point forward

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.

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: The rise of the freelance economy and what it means for companies and procurement teams Recent changes in how companies are accessing talent, and how that provides new opportunities to access talent and experience were previously out of reach Who owns the talent spend category, and the role that procurement can play in driving business outcomes that extend far beyond savings

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: How procurement can present a value proposition to stakeholders that fosters understanding The harsh reality of supplier contracts and what stakeholders should get out of a good contract review Why procurement should have the endgame in mind, no matter where they are in the process

Since Russia invaded Ukraine, the whole world has watched unbelievable scenes unfolding before our eyes on television. And while most people have a feeling of helplessness, procurement and supply chain skills are critically important for securing and moving the goods that the Ukrainian people require right now. 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: Where procurement is on the digitization journey today How procurement should manage the many options presented by combining platforms and best-of-breed solutions Whether procurement is giving enough weight to the stakeholder experience when building out a technology ecosystem