Smarter Sourcing

Smarter Sourcing
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Smarter Sourcing

The Smarter Sourcing podcast is dedicated to helping sourcing, procurement, and finance leaders elevate their influence and get their seat at the table. Each episode features conversations with innovative leaders, sharing best practices, lessons learned, and actionable insights you can apply immediately. Whether you’re focused on procurement strategies, supply chain optimization, or aligning financial goals with operational excellence, this podcast will leave you with actionable insights that you can immediately put to work.

  1. EP 20 - Apollo's Johnathon Baker on Transforming Portfolio Procurement Through Partnership

    5 DAYS AGO

    EP 20 - Apollo's Johnathon Baker on Transforming Portfolio Procurement Through Partnership

    What does it take to transform procurement from a cost center into a strategic value driver? Johnathon Baker, Operating Partner & Head of Strategic Sourcing and Procurement at Apollo Global Management, shares his expertise in procurement transformation, gained from leading strategic initiatives at major companies like Starbucks, before taking on his current role at Apollo. His discussion with John on this episode of Smarter Sourcing explores how Johnathon’s team drives value across Apollo’s portfolio companies through strategic sourcing, leveraging AI and analytics while building strong CPO partnerships. From managing complex supplier relationships to preparing for global economic shifts, Johnathon offers valuable insights into modern procurement leadership and the evolution of sourcing from a back-office function to a strategic business driver. Topics discussed: - The evolution of procurement into a strategic business function driving organizational value and operational excellence. - Transformation of procurement practices at Starbucks during the 2009 recession, particularly cost reduction while maintaining supplier relationships. - Building effective partnerships with portfolio company CPOs while driving significant cost savings and operational improvements. - Leveraging AI and analytics to manage complex procurement data across Apollo’s extensive portfolio of companies. - Preparing portfolio companies for economic shifts through scenario planning and strategic supplier relationship management. - The importance of balancing cost-reduction goals with maintaining strong supplier partnerships and business growth. - Implementation of technology solutions to streamline procurement processes and enhance decision-making capabilities. - Managing procurement transformation across diverse portfolio companies while maintaining individual company autonomy. - Development of procurement talent and the changing skill sets required in modern strategic sourcing. - Creating value through procurement beyond cost savings, including revenue growth and operational efficiency improvements.

    48 min
  2. EP 19 - Russell Stover’s Jeff Bever on Leadership in Strategic Sourcing

    12/19/2024

    EP 19 - Russell Stover’s Jeff Bever on Leadership in Strategic Sourcing

    In this episode of Smarter Sourcing, John welcomes Jeff Bever, VP of Strategic Sourcing and Procurement at Russell Stover Chocolates, to discuss how a 100-year-old company is transforming its procurement and supply chain operations for the modern era. Jeff reflects on his diverse career journey across agriculture, construction, and confectionery, sharing how each experience has shaped his leadership style.  He discusses the challenges of building sustainable supply chains, managing cocoa supply in a volatile market, and using an enterprise-wide mindset to drive business value. Jeff also discusses mentoring the next generation of supply chain professionals and the evolving role of AI in procurement.   Topics discussed: How diverse career experiences across industries drive innovation in procurement and sourcing. The importance of building trust and relationships across global management teams. Sustainability challenges in cocoa supply chains, including pricing volatility and farmer welfare. Why a growth mindset is critical for sourcing professionals and team building. The enterprise mindset: thinking beyond silos to drive holistic business value. The role of AI and technology in accelerating procurement innovation and decision-making. Contingency planning for a constantly volatile supply chain landscape. Mentoring the next generation of supply chain leaders to think beyond traditional boundaries. Aligning procurement strategies with broader organizational goals and future growth.

    29 min
  3. EP 18 — MEC’s Brent Rohrs on Centralizing Procurement for Greater Efficiency

    12/12/2024

    EP 18 — MEC’s Brent Rohrs on Centralizing Procurement for Greater Efficiency

    In this episode of Smarter Sourcing, John speaks with Brent Rohrs, VP of Global Procurement & Program Management at Mayville Engineering Company (MEC), to discuss the evolving world of procurement and supply chain management. Brent shares insights from his career, including the importance of centralizing procurement operations to enhance supplier collaboration and efficiency. Brent and John also explore lessons learned during the pandemic, such as managing supply chain risk and balancing cost with lead times. Brent offers advice on embracing cross-functional learning and building resilient teams in today’s dynamic environment. Topics discussed: - Navigating global supply chain disruptions and the need for stronger risk management strategies in an unpredictable world. - The benefits of centralizing procurement operations to leverage scale, reduce costs, and enhance supplier collaboration. - How cross-functional learning fosters team collaboration and problem-solving across diverse groups and industries. - Lessons from the pandemic, including balancing cost, lead time, and inventory to meet unprecedented demand. - Strategies for building supplier partnerships and treating suppliers as extensions of internal operations. - The value of understanding numbers and cost drivers, even without a finance background. - Developing resilient teams by encouraging open communication and communal learning across all levels of an organization. - Embracing diverse career experiences and taking on challenges outside your comfort zone to grow professionally. - The role of technology in modernizing procurement, from supplier portals to artificial intelligence applications. - Key skills for supply chain professionals, including emotional intelligence and effective relationship-building with vendors.

    30 min
  4. EP 17 — Nitto Avecia’s Asmara Agha on Empowering Women in the Supply Chain Industry

    12/02/2024

    EP 17 — Nitto Avecia’s Asmara Agha on Empowering Women in the Supply Chain Industry

    In this episode of Smarter Sourcing, John speaks with Asmara Agha, Head of Strategic Sourcing at Nitto Avecia, who shares her insights on the evolving landscape of supply chain management. She discusses the critical role of resilience and adaptability in navigating challenges, especially in the wake of the pandemic. Asmara emphasizes the importance of leveraging AI and predictive modeling to enhance efficiency and risk mitigation. Additionally, she highlights her commitment to empowering women in the industry and fostering a culture of collaboration and innovation. Topics discussed: - The significance of resilience in supply chain management, particularly in overcoming challenges posed by global events like the COVID-19 pandemic. - How AI and predictive modeling can enhance efficiency and risk mitigation in supply chain operations, enabling better decision-making and planning. - The importance of contingency planning and having multiple strategies in place to address potential disruptions in the supply chain. - The role of emotional intelligence and soft skills in negotiations and relationship management within the supply chain industry. - Initiatives for promoting women empowerment and leadership within the supply chain sector, addressing the challenges women face in advancing their careers. - The impact of sustainability and green procurement practices on supply chain strategies and the importance of reducing carbon footprints. - Insights into the technological advancements in Japan and how they can influence supply chain practices in other regions, particularly in the U.S. - The necessity of training and development programs for supply chain professionals to adapt to changing technologies and market dynamics. - Approaches to vendor management and building strong relationships with suppliers to foster innovation and collaboration in sourcing.

    29 min
  5. EP 16 — Footprint’s Stephen Sharr on Transforming Procurement in a Startup Environment

    11/14/2024

    EP 16 — Footprint’s Stephen Sharr on Transforming Procurement in a Startup Environment

    In this episode of Smarter Sourcing, John speaks with Stephen Sharr, Head of Procurement at Footprint, who shares his decade-plus journey from Anheuser-Busch to a dynamic startup environment. Stephen discusses the evolution of procurement from a transactional role to a strategic partner in driving business growth, particularly in the wake of the pandemic.  He also emphasizes the importance of financial acumen in procurement, explaining how understanding cost structures can enhance decision-making. Additionally, Stephen highlights the challenges and opportunities in supply chain management today, including the shift towards domestic sourcing and the critical need for agility in operations.  Topics discussed: - The transformation of procurement from a transactional function to a strategic partner essential for driving both top and bottom-line growth in organizations.  - The impact of the COVID-19 pandemic on supply chain management, highlighting the increased focus on risk management and supply chain resilience. - The importance of financial acumen in procurement, allowing professionals to understand cost structures and make informed decisions that drive profitability. - The shift towards domestic sourcing and reshoring, as companies seek to mitigate risks associated with global supply chains and enhance supply chain agility. - Strategies for building strong supplier relationships, emphasizing the need to sell the growth potential of smaller companies to attract key partners. - The role of technology in enhancing data visibility and operational efficiency, enabling procurement teams to make data-driven decisions in real-time. - Insights on talent acquisition in procurement, balancing the need for foundational experience with the adaptability required in a startup environment. - The significance of understanding the entire business landscape, allowing procurement professionals to contribute meaningfully to organizational goals and objectives.  - The future of packaging and sustainability, as Footprint aims to eliminate single-use plastics and lead the charge towards more eco-friendly solutions.

    33 min
  6. EP 15 — AdventHealth’s Marisa Farabaugh on Building Resilience in Healthcare Supply Chains

    11/08/2024

    EP 15 — AdventHealth’s Marisa Farabaugh on Building Resilience in Healthcare Supply Chains

    In this episode of Smarter Sourcing, John speaks with Marisa Farabaugh, SVP & Chief Supply Chain Officer at AdventHealth, who brings her insights on the transformative role of supply chain management in healthcare, particularly during and after the COVID-19 pandemic. She discusses how her team adapted operations to ensure the availability of critical supplies and the importance of collaboration across departments. Additionally, Marisa highlights AdventHealth’s commitment to sustainability, detailing their initiatives to reduce carbon footprints and promote environmentally friendly practices. She also touches on how effective leadership and innovation can drive success in the healthcare supply chain landscape. Topics discussed: - Strategies for hiring leaders who fit the company culture and possess the potential to drive growth and innovation in the supply chain. - The importance of resilience in supply chain operations, especially during crises like the COVID-19 pandemic, and the lessons learned from those experiences. - Adapting supply chain strategies to ensure the availability of critical supplies during the pandemic and other emergencies. - The role of technology in enhancing visibility and efficiency within the healthcare supply chain, including the development of inventory control systems. - Sustainability initiatives and the commitment to reducing carbon footprints and promoting environmentally friendly practices. - The significance of collaboration across departments in healthcare supply chain management and how it contributes to overall organizational success. - Challenges faced in healthcare supply chains compared to other industries, particularly regarding upstream visibility and communication with suppliers. - The evolving landscape of healthcare supply chains post-COVID and the focus on building more resilient and adaptable systems for the future.

    32 min
  7. EP 14 — Heraeus Medevio’s Kevin Spinti on Navigating Supply Chain Challenges in a Remote Work Era

    10/15/2024

    EP 14 — Heraeus Medevio’s Kevin Spinti on Navigating Supply Chain Challenges in a Remote Work Era

    In this episode of Smarter Sourcing, John speaks with Kevin Spinti, Vice President of Global Procurement at Heraeus Medevio. Kevin shares his insights on the evolving landscape of supply chain management, offering his perspective on the significant impact of remote work on team dynamics and communication as well as how technology has facilitated collaboration in a virtual environment. Kevin also emphasizes the importance of contingency planning, especially in light of recent global disruptions, and how it has reshaped procurement strategies. Additionally, he explores the changing negotiation landscape, driven by inflation and market shifts, and the need for innovative approaches to supplier relationships. Topics discussed: - The transformation of team dynamics and communication strategies due to the shift to remote and hybrid work environments in supply chain management. - The importance of contingency planning in navigating supply chain disruptions, particularly in the context of recent global challenges and the pandemic. - How technology is reshaping procurement roles, streamlining processes, and enabling teams to focus on strategic decision-making and supplier relationships. - How the evolving negotiation landscape is influenced by inflation, requiring procurement professionals to adopt new strategies and approaches in supplier interactions. - The significance of dual sourcing and risk mitigation practices in ensuring supply chain resilience and stability amidst potential disruptions. - The role of continuous improvement and training in enhancing the skills and capabilities of procurement teams in a changing environment. - The impact of geographic diversity in procurement, with teams covering multiple facilities and categories across different regions and countries. - The growing emphasis on sustainability and environmentally friendly materials in procurement decisions and supplier partnerships. - The need for effective communication and stakeholder engagement when managing multiple projects and prioritizing risk mitigation initiatives. - The shift in executive expectations, with a greater focus on risk management and strategic insights rather than just cost savings in procurement.

    28 min
  8. EP 13 — Mount Sinai’s Carlos Maceda on Post-pandemic Leadership and Supply Chain Management

    08/29/2024

    EP 13 — Mount Sinai’s Carlos Maceda on Post-pandemic Leadership and Supply Chain Management

    In this episode of Smarter Sourcing, John speaks with Carlos Maceda, Chief Supply Chain Officer at Mount Sinai Health System. They discuss the evolution of leadership in a post-pandemic landscape, with Carlos emphasizing the importance of mentorship and maintaining team morale, while also holding teams accountable. Carlos shares his personal journey to his current role, highlighting key lessons learned in supply chain management and contingency planning, including the need for proactive, quick decision-making when potential issues loom on the horizon. Topics discussed: - How leadership styles must adapt in a post-pandemic world to maintain team morale and productivity. - The significance of mentorship in guiding junior team members and fostering a supportive work environment. - The challenges of managing a remote workforce, including strategies for effective communication and collaboration. - The need for proactive resource planning and quick decision-making, especially when potential issues loom on the horizon. - Tight budgets in healthcare and how they impact supply chain decisions and job security. - The importance of analyzing large data sets to drive decisions and improve supply chain efficiency. - The significance of building strong relationships with vendors and the benefits of mentoring them into fields they might not have seen. - The challenge of maintaining work-life balance in a demanding industry, particularly in remote settings.

    31 min
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Ratings & Reviews

5
out of 5
3 Ratings

About

The Smarter Sourcing podcast is dedicated to helping sourcing, procurement, and finance leaders elevate their influence and get their seat at the table. Each episode features conversations with innovative leaders, sharing best practices, lessons learned, and actionable insights you can apply immediately. Whether you’re focused on procurement strategies, supply chain optimization, or aligning financial goals with operational excellence, this podcast will leave you with actionable insights that you can immediately put to work.

Information

  • Creator
    Smarter Sourcing
  • Years Active
    2024 - 2025
  • Episodes
    20
  • Rating
    Clean
  • Copyright
    © Copyright 2024 All rights reserved.
  • Show Website
    Smarter Sourcing

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