Tom Take - Why Procurement is the Ultimate Capital Allocation Tool!

Tom Take - Why Procurement is the Ultimate Capital Allocation Tool!

With Alan traveling this week, Tom Finn takes the lead to explain why procurement professionals are actually the firm's most important asset managers. He breaks down why we must shift from chasing simple "savings" to protecting a company's hurdle rate and return on invested capital. The episode explores the high-stakes risks of "shadow debt" and IFRS 16, where a standard contract signature can accidentally trigger a bank covenant default. We also analyze Boeing's multi-billion dollar "integra...

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Episoder(66)

Stop Chasing Savings, Start Chasing Cash: A Masterclass in Payment Terms Tom

Stop Chasing Savings, Start Chasing Cash: A Masterclass in Payment Terms Tom

Tom Finn and Alan Veeck explore why the procurement department should be viewed as the "internal bank" of an organization by strategically managing cash flow and payment terms. We break down the massi...

4 Feb 26min

Why GDP is a Lie: The $42 Trillion "Dark Matter" Economy

Why GDP is a Lie: The $42 Trillion "Dark Matter" Economy

Most economists focus on Gross Domestic Product (GDP), but Tom and Alan argue that staring at GDP is like trying to drive a car by looking only at the odometer—it tells you how far you’ve gone, not wh...

21 Jan 30min

The 50/50 Rule: How to Set a "Misogi" Goal to Crush 2026

The 50/50 Rule: How to Set a "Misogi" Goal to Crush 2026

Start 2026 with a plan that actually sticks by moving beyond traditional New Year's resolutions and embracing high-impact themes. Tom and Alan dive into the psychological side of planning, using Jorda...

14 Jan 28min

Gold, Nvidia, & The Election: Our 2025 Predictions 1 Year Later

Gold, Nvidia, & The Election: Our 2025 Predictions 1 Year Later

Thirteen months ago, we laid out 10 bold predictions for the 2025 economy—now, we’re checking the receipts using our "MythBusters" rating system of Confirmed, Busted, or Plausible. We dive deep into t...

31 Des 202541min

The True Cost of Christmas: Inflation, Gold, and the 2025 PNC Index

The True Cost of Christmas: Inflation, Gold, and the 2025 PNC Index

Tom Finn and Alan Veeck analyze the 2025 PNC Christmas Price Index to uncover how macro-economic shifts are impacting the most unique supply chain in the world. This year, the total cost of the 12 gif...

24 Des 202510min

Don't Be a Commodity: 3 Rules to Shine in Procurement (w/ legendary guest Philip Ideson)

Don't Be a Commodity: 3 Rules to Shine in Procurement (w/ legendary guest Philip Ideson)

How do you differentiate yourself and truly shine in the crowded field of procurement? Tom and Alan welcome the legendary Philip Ideson (Host of the Art of Procurement Podcast) to reveal his three non...

11 Des 202549min

How It's Sourced: Fake vs. Real Christmas Trees (The Global Sourcing War)

How It's Sourced: Fake vs. Real Christmas Trees (The Global Sourcing War)

How does a seasonal item like a Christmas tree become a massive global sourcing project? This week on How It's Sourced, Alan and Tom dissect the two very different supply chains behind your holiday ce...

10 Des 202519min

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