Art of Procurement16 Syys 2024

732: What the Research Foretells About Procurement's Vision, Priorities, and Opportunities W/ Gordon Donovan

"Procurement is at the point where they're trying to figure out next steps on digitization, and it will be an immediate priority for everyone in the next couple of years." - Gordon Donovan, Vice President of Research - Procurement and External Workforce at SAP

It is Gordon Donovan's job to read every single piece of research that's published on procurement, the workforce, and the supply chain. More importantly, it is his job to figure out what it means. As he told Philip Ideson, "I've got the best job in the world."

All of this information gives Gordon a deep and comprehensive view of the global procurement landscape and the challenges and opportunities that it presents.

In this episode, Philip draws on Gordon's depth of knowledge to discuss the findings of SAP's recently published Economist Impact report, as well as what the research tells us about procurement's vision, priorities, and opportunities for the future.

Listen in to hear Gordon and Phil discuss the report, which included some surprising findings, as well as:

Why digitization tops the list of procurement's most important priorities
How procurement can handle increased complexity and workloads, even as headcounts remain stagnant
Procurement's AI maturity journey and where they are on the path to acceptance and adoption compared to other business functions

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882: Reengineering Procurement for Greater Impact W/ Polly DeSouza

"If you want a seat at the table, you've got to pull up the chair." - Polly DeSouza, APAC Transformation Leader Procurement teams have spent years talking about the need to move away from tactical and...

7 Syys 35min

EP 015: Provider of the Week: Tradeverifyd

"It's more the translation of visibility. It's not so much visibility. Visibility is there, but it's what do you do with that?" - Mike Prorock, CEO, Tradeverifyd Supply chain risk has become both more...

2 Syys 30min

881: Owning Transformation: How to Successfully Lead Procurement Through Change W/ Gretchen Vance

"Don't ask AI to do something that you don't know how to do yourself." - Gretchen Vance, Vice President Procurement at Forest Lawn Parks and Mortuaries Procurement transformation often comes down to a...

31 Elo 35min

EP 014: Provider of the Week: Sievo W/ Sammeli Sammalkorpi

"The expectation level of procurement is rising. Today's stuff that was not possible a year ago, that felt like science fiction three years ago, is something that we can create for our customers today...

26 Elo 24min

880: The State of AI in Procurement: Who's Getting the ROI? W/ Nick Heinzmann

"There's an absolute risk of procurement's role and scope being diminished by AI, unless we embrace new ways of working." - Nick Heinzmann, Head of Research, Zip According to new research from Zip, on...

24 Elo 33min

879: The AI Pilot Phase is Over: How to Move From AI Investment to Genuine Business Impact W/ Joseph Postiglione, Sr.

"If you're not completely sure about what you want to try to achieve, how will you know you ever achieved it?" - Joseph Postiglione, Sr., Author, Protecting Expected Outcomes in the Age of AI AI inves...

17 Elo 28min

EP 13: Making Sense of the Procuretech Landscape: Practical Insights for CPOs W/ Samir Khushalani

"The biggest risk today is not making the wrong AI decision. It is making no decision at all while everyone else is learning." Samir Khushalani, Senior Advisor, Art of Procurement Procurement leaders ...

12 Elo 29min

878: Building Procurement as a Strategic Growth Engine W/ Travis Hodge

"Procurement's future is bright, when we continue to do it the right way for the right reasons." - Travis Hodge, Director of Enterprise Sourcing & Procurement at nVent Procurement is no longer just a ...

10 Elo 36min