Art of Procurement

Philip Ideson
Art of Procurement

Learn from procurement experts. Host Philip Ideson talks with thought leaders who share the trends, strategies and tactics that you can lever to elevate the role of procurement - and your career.

  1. 3 DAYS AGO

    768: Celebrating 25 Years of ProcureCon US

    “The industry is evolving faster than our willingness to accept it.” - John Ward, Portfolio Director, ProcureCon North America, Worldwide Business Research  For 25 years, ProcureCon has served as a cornerstone for procurement education and community-building with their well-known annual conference series.  In this episode, Philip Ideson talks about the evolution of ProcureCon (and procurement in general) with Frank Musero, Divisional Director, Content and Strategy, ProcureCon, B2B and Finance Events at Worldwide Business Research; Michael Dunlap, Portfolio Director, Worldwide Business Research; and John Ward, Portfolio Director, ProcureCon North America, Worldwide Business Research. They discuss procurement’s evolution from cost center to strategic partner over the last two decades and how ProcureCon events have adapted in order to meet changing practitioner needs and expectations.  In this episode, they discuss: How perceptions about procurement as a profession and a career path have changed The ways ProcureCon has changed their approach to events to meet new realities in procurement, like AI and procure tech, shifting demographics of practitioners, and category-specific challenges How ProcureCon balances their coverage of emerging trends like AI while emphasizing interactive experiences that still address fundamental practitioner pain points  Links: Frank Musero on LinkedIn Michael Dunlap on LinkedIn John Ward on LinkedIn Subscribe to This Week in Procurement Subscribe to Art of Procurement on YouTube

    37 min
  2. JAN 6

    766: Procurement’s Inflection Point: What to Expect in 2025

    “As we stand here at the start of 2025, it's clear that this moment isn't about minor tweaks or incremental gains. It's about embracing fundamental shifts that challenge our long-held assumptions.” - Philip Ideson, Founder and Managing Director of Art of Procurement As we head into 2025, which also marks the 10th anniversary of Art of Procurement, Founder and Managing Director Philip Ideson pauses for his annual look at the state of procurement. This year, he examines five critical trends that are reshaping procurement and redefining their role in the business, including labor trends, the role of AI and automation, the return to stakeholder-led buying, and growing geopolitical and economic uncertainty.  Drawing from hundreds of conversations with procurement leaders and subject matter experts over the last year, Philip explores how procurement teams can best position themselves at what feels like an existential and transformative inflection point for the profession. In this episode, Philip explores: How procurement will have to do more with less in 2025, and the role that AI and automation will play in making that happen The trend toward “invisible procurement” as stakeholders take back control of the purchasing process, aided by technology Why potential tariffs, inflation, and supply disruptions could present significant opportunity for procurement The four most important ways procurement can add value that machines and AI can’t compete with Links: Philip Ideson on LinkedIn Art of Procurement Annual Letters Subscribe to This Week in Procurement Subscribe to Art of Procurement on YouTube

    20 min
  3. 12/16/2024

    761: The State of Procure Tech: Testing the Limits of What’s Possible w/ Pierre Mitchell

    "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: The most important procure tech trends to pay attention to in 2025 What procurement leaders should look for in an intake and orchestration platform The likely outcomes, key developments, and challenges for the procure tech market in 2025 Links: Pierre Mitchell on LinkedIn Subscribe to This Week in Procurement Subscribe to Art of Procurement on YouTube

    49 min
4.8
out of 5
60 Ratings

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Learn from procurement experts. Host Philip Ideson talks with thought leaders who share the trends, strategies and tactics that you can lever to elevate the role of procurement - and your career.

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