7 episodes

The Source – A podcast series by Beroe featuring events, trends, and perspectives from the world of business and procurement

The Source - A podcast by Beroe Beroe Inc

    • Business

The Source – A podcast series by Beroe featuring events, trends, and perspectives from the world of business and procurement

    Digital Procurement Overview

    Digital Procurement Overview

    Beroe’s Head of Content, Sakthi Prasad, speaks with Lance Younger, CEO of consulting firm ProcureTech to map out what’s hot in the digital procurement space. During the conversation, Lance also offers his opinion on the technology evolution, and how it can impact the function in the next few years. 
    Discussion Pointers:
    What are some of the macro trends that are currently underway in the procurement digital tech space?What’s hot in the procurement tech space across the sourcing value chain?The cost of integrating third-party apps into the backboneCan a Procurement platform operate outside of the ERP system, much like the CRM solution?Based on your experience, what role does CPOs play in choosing a digital solution? How involved are they in the process?Ten years ago, one would refer to P2P implementation as “procurement digitalization”. Has that changed now and if yes, how?How best can procurement teams choose a solution amongst competing priorities?

    • 32 min
    Nuances of Supply Chain Insurance

    Nuances of Supply Chain Insurance

    Beroe’s Head of Content, Sakthi Prasad, speaks with Nick Wildgoose, a Supply Chain Insurance expert who spent decades in the insurance industry. Nick explains the nuances of Supply Chain Insurance and what role Procurement can play when pressed into action by the business to scout for insurance products.

    • 36 min
    Beware of Shiny New Digital Solution!

    Beware of Shiny New Digital Solution!

    In this episode, Beroe’s Head of Content, Sakthi Prasad, speaks with Jacob Gorm Larsen, former Head of Digital Procurement at AP Moller Maersk. Jacob, who currently runs a consulting firm called Moneyball CPH, talks about the need for Procurement teams to guard themselves against the temptations posed by “shiny new digital solutions”. 
    Discussion Pointers:
    The utility and usefulness of “digital supplier lists” that are on offer in the marketplace. Does it help or create confusion?How to not get swayed by marketing messages crafted by solution providers.Does Procurement talk about “digitalization” -- because it is now a cool quotient -- even if they actually don’t need many of the tools that are currently in the market?If a company has a functional P2P system, do they need to necessarily go for new digital solutions? There is a lot of pressure on Procurement to show ROI in the programs that they are running, and can this be a limiting factor when it comes to selecting a solution provider?Can a Procurement team working in a small and medium sized firm take advantage of many of the solutions that are currently available in the market? Where and for what should they scout to begin with?Is digitalization a ruse to slash the headcount in the procurement department?To access all podcast -- The Source - A podcast by Beroe

    • 33 min
    Inside View of Aerospace Supply Chain

    Inside View of Aerospace Supply Chain

    In this episode, Beroe’s Head of Content, Sakthi Prasad, speaks with Jody Franich, who spent several decades at Boeing before leaving the plane maker in January 2021. At Boeing, Jody was responsible for sourcing all of the common commodities -- things like aluminium, titanium, etc. He was also responsible for deploying category strategy for the spend that was about $60 billion. Jody is now a lecturer at University of Washington, Foster School of Business.
    Discussion Pointers:
    Mass flight cancelations are inevitable when two variables go wrongJody lists out some of the “memorable” challenges that he had encountered as a Procurement professional working for BoeingUnique challenges in Airplane procurement operations: lesser number of suppliers, stringent quality control, government regulation, cost per unit etcContract clauses -- incentivises quality but penalises if something goes wrong in such a manner that suppliers aren’t unduly affectedRegionalization vs Globalization: will regionalization displace globalization?How can Procurement teams account for geopolitical risks in their strategy planning?

    • 42 min
    Politics, Procurement, and Sustainability

    Politics, Procurement, and Sustainability

    In this episode, Beroe’s Head of Content, Sakthi Prasad, speaks to Katharina Stenholm, former CPO of food company Danone and SAB Miller about the politics surrounding sustainable initiatives and whether Procurement can indeed make a difference in achieving green objectives.
    Discussion Pointers:
    The recent spike in the prices of natural gas, electricity and carbon credits in Europe have led to a renewed debate on renewables vs fossil fuels. The need to reach across the aisle.Carbon credits and its role in solving climate crisis.How and in what manner can Procurement help play an active role in sustainability?The role Procurement can play in circular economy.The power of Procurement in bringing about sustainability initiatives.Source: Beroe Inc

    • 26 min
    The Power of Storytelling in Procurement

    The Power of Storytelling in Procurement

    In conversation with Peter Smith, author of Bad Buying: How organizations waste billions through bad purchasing decisions.
    Discussion Pointers:
    The importance of “story telling ability” as a skillset for ProcurementHow best to evaluate Technology solutionsWhen not to aggregate Spend so as to avoid pushing up the average priceThe continuing relevance of Just-in-Time (JIT) and lean manufacturing conceptThe importance of continuous market researchSource: Beroe Inc

    • 34 min

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