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. 2일 전

    774: Closing the ‘Inspiration to Action’ Gap W/ Remko Van Hoek

    “Procurement is going to make a transformative leap. It may be in a year. It may be in three years. But it’s going to happen. So start experimenting.” – Remko Van Hoek, Full Professor of Practice SCM, Executive Director CSCMP Supply Chain Hall of Fame, hosted by Walton, University of Arkansas ­- Sam M. Walton College of Business It’s time to make procurement fun again.  That’s what Remko Van Hoek, Full Professor of Practice SCM, Executive Director CSCMP Supply Chain Hall of Fame, hosted by Walton, University of Arkansas ­- Sam M. Walton College of Business, told Philip Ideson when they sat down together at DPW Amsterdam 2024. In this episode, Remko shares insights from the 10X Procurement survey he led in conjunction with DPW, and what it reveals about how AI and digital transformation are injecting opportunity, value, and, yes, even fun back into procurement.  The survey also uncovered a troubling ‘inspiration to action’ gap between procurement’s AI readiness and their ability to successfully execute at the pace required by the rest of the business. Along with discussing digital transformation pressures, Philip and Remko also explore: What 10X growth actually looks like in practice and how procurement can take the idea of exponential growth and turn that into tangible, bottom-line results for the business What it means to be “digitally literate” and why focusing only on technology is actually not the right approach to digital transformation The fundamentals procurement needs to have in place to 10X their growth and impact in 2025  Links: Remko Van Hoek on LinkedIn Listen to “Integrating Blockchain into Procurement” with Remko Van Hoek Subscribe to This Week in Procurement Subscribe to Art of Procurement on YouTube

    27분
  2. 1월 27일

    772: 2025 Outlook: Procurement’s ‘Year of Convergence’ with Nick Heinzmann and Matthew Hardin

    “We’re in a new world where we’re trying to converge all these different areas, not only to fix problems, but to drive different kinds of capabilities for procurement, ones that are not theoretically possible with the old approach.” – Nick Heinzmann, Head of Research at Zip Procurement is continuously improving and maturing, but over the past few years, a series of distinct trends has gathered momentum. 2025 is looking more and more like the pivotal year when all of these trends will converge, transforming procurement and their role in the business.  This is a defining moment for procurement, bringing with it a significant opportunity to finally solve some of procurement’s most systemic pain points.  In this episode, Philip Ideson is joined in conversation by Nick Heinzmann, Head of Research at Zip, and Matthew Hardin, Director of Advisory at Zip. Nick and Matt explore why they’ve dubbed 2025 as the “year of convergence” for procurement. Nick and Matthew discuss: How the convergence of AI, orchestration, transformation, and changes to procurement’s operating model are setting the tone for 2025 Ways AI is changing procurement’s role in the business, while also enabling them to focus more on strategy and relationship building Why monitoring the stakeholder experience and capturing satisfaction metrics are key to procurement’s success  How to find new and better ways to create value, even in a “do more with less” environment  Links: Nick Heinzmann on LinkedIn Matthew Hardin on LinkedIn 25 Procurement Predictions for 2025 Subscribe to This Week in Procurement Subscribe to Art of Procurement on YouTube

    42분
  3. 1월 20일

    770: Positioning Procurement for Strategic Success in 2025 with Samir Khushalani

    “One of the markers of a leading procurement function is when you see suppliers as more than just a source of supply but also as a source of value and innovation.” - Samir Khushalani, Partner at McKinsey & Company Procurement is in a unique position right now. They have to balance immediate priorities and meet the needs of the business today while also navigating new realities and an uncertain future shaped by generative AI, geopolitical turmoil, shifting macroeconomic pressures, and an increasingly volatile global supply chain.  Procurement must reinvent themselves to find their footing in this rapidly changing environment, but they can’t stop generating value in the here and now.  In this episode, Philip Ideson talks about the nature of all this change and how procurement should respond to it with Samir Khushalani, Partner at McKinsey & Company. Samir explores how perceptions about procurement have changed and the ways their reputation has shifted from “bargain hunter” to strategic business partner.  But, there’s still significant opportunity for procurement to evolve and mature in response to all of the changes afoot.  In this episode, Philip and Samir discuss: How the combination of post-COVID supply chain stabilization, geopolitical changes, and trends in generative AI requires us to rethink procurement operating models and skill sets Why being agile and flexible are critical for procurement’s ability to demonstrate their value and secure their future  Why innovative approaches to supply chain collaboration and relationship building will be just as valuable markers of procurement success as cost savings or risk management Links: Samir Khushalani on LinkedIn Subscribe to This Week in Procurement Subscribe to Art of Procurement on YouTube

    39분
  4. 1월 13일

    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

    37분
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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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