13 episodes

Organizations waste billions through spending their money badly, through failures, frauds and... you know what! In this podcast, industry expert Peter Smith explores cases of Bad Buying, looks at why they happen, and what people and organizations can do to avoid such disasters. Full of shocking, sometimes almost unbelievable stories, along with a bit of humour, Peter Smith's Bad Buying podcast is entertaining and enlightening for anyone interested in business, how government spends our money, or how to make their own organisation’s cash go further!

Peter Smith's Bad Buying Podcast Peter Smith

    • Business

Organizations waste billions through spending their money badly, through failures, frauds and... you know what! In this podcast, industry expert Peter Smith explores cases of Bad Buying, looks at why they happen, and what people and organizations can do to avoid such disasters. Full of shocking, sometimes almost unbelievable stories, along with a bit of humour, Peter Smith's Bad Buying podcast is entertaining and enlightening for anyone interested in business, how government spends our money, or how to make their own organisation’s cash go further!

    Vaccination success for the UK, the true meaning of value, and the future of the NHS - Peter Smith's Bad Buying Podcast, Episode 11

    Vaccination success for the UK, the true meaning of value, and the future of the NHS - Peter Smith's Bad Buying Podcast, Episode 11

    We look at how "bad buying"by the EU led to the UK getting ahead in the covid vaccination race. That leads on to thinking about value in what we buy, and we also take a look at why the NHS is going to be reformed, with the likely death of the "purchaser / provider" split.  

    • 23 min
    School Lunch Boxes, Broccoli Panic and Covid Vaccines - Peter Smith's Bad Buying Podcast, Episode 10

    School Lunch Boxes, Broccoli Panic and Covid Vaccines - Peter Smith's Bad Buying Podcast, Episode 10

    We take a look at what appears to be a UK government buying success story (for a change), as well as supermarket shortages caused by ... well, what exactly? Then there is the story of the top footballer, school lunch boxes and a contrite supplier. 

    • 21 min
    Wanna Buy Some PPE? Dodgy Demand Models, and (Allegedly) Corrupt Contracts - Peter Smith's Bad Buying Podcast, Episode 9

    Wanna Buy Some PPE? Dodgy Demand Models, and (Allegedly) Corrupt Contracts - Peter Smith's Bad Buying Podcast, Episode 9

    We look at two National Audit Office reports concering pandemic issues in the UK - one looking at PPE procurement and the other at the Test and Trace process, whhich also containes some interesting remarks about procurement. Then we fininsh off with some worrying allegations of fraud and corruption in PPE buying, made by a top lawyer...  

    • 25 min
    Managing Supplier Relationships with David Atkinson and the £48M Bollards - Peter Smith's Bad Buying Podcast Episode 8

    Managing Supplier Relationships with David Atkinson and the £48M Bollards - Peter Smith's Bad Buying Podcast Episode 8

    Bad buying doesn't just happen when you choose a supplier and negoatite a deal. How you manage the contract, the suppleir and your rleationship with them is key too. We look at an example where that didn't work in Birmingham, then interview David Atkinson, one of the UK's leading authorities on supplier relationship management. 

    • 23 min
    "Where's the Flipping Documentation" says National Audit Office Report on UK Government Pandemic Procurement - Peter Smith's Bad Buying Podcast Epdisode 8

    "Where's the Flipping Documentation" says National Audit Office Report on UK Government Pandemic Procurement - Peter Smith's Bad Buying Podcast Epdisode 8

    I look at the UK National Audit Office report on how the UK government has conducted emergency procurement (worth many billions) during the pandemic. The main focus is on buying PPE, where some "interesting" (to say the least) suppliers won huge contracts. But there are also horror stories in terms of lack of good process in other areas too. The most commonly used phrase in the report - "there was a lack of documentation..."  Not for the faint-hearted... 

    • 21 min
    Kevin the Carrot, Threatening Beer Ads and Chocolate! Peter Smith's Bad Buying Podcast Episode 7

    Kevin the Carrot, Threatening Beer Ads and Chocolate! Peter Smith's Bad Buying Podcast Episode 7

    I talk about marketing and advertising and how the "multiplier effect" makes it a very interesting spend category. The Aldi supermarekt Kevin the Carrot Xmas campaign is a great example of good buying; Schlitz Beer provides the opposite case study.  Then we look at how Easter Egg packaging can make or break the success of the product ... sometimes not spending enough can be Bad Buying!

    • 17 min

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