390: Why Procurement Leaders Must Seize the Moment and Transform Their Function - A Mastermind LIVE Spring Panel Discussion

390: Why Procurement Leaders Must Seize the Moment and Transform Their Function - A Mastermind LIVE Spring Panel Discussion

At Mastermind LIVE Spring 2021, Art of Procurement had the opportunity to bring together a visionary panel of procurement leaders to discuss the urgency of the present moment and what can and should be done to support corporate growth. The panel included:

  • Adam Brown, Senior Manager of Procurement Transformation & Head of the Procurement Garage at BT
  • Amy Fong, Vice President, Sourcing and Vendor Management for Everest Group
  • Keith Browning, Managing Director, Supply Chain Management at Delta Air Lines
  • Keith Hausmann, Globality's Chief Revenue Officer
  • Reunan Varene, Global Head of Procurement at Dropbox

Facilitated by Philip Ideson, this discussion-based session was focused on procurement's sense of urgency as we pursue a growth agenda, the need for supplier collaboration and mutually beneficial third-party relationships, and the strategies and technology that will empower procurement to scale. While we heard some reflection on the challenges of the past year, most of the discussion was forward looking, taking procurement's capabilities today and building on them.

In this episode, which was recorded live at Mastermind LIVE Spring, Philip asked the panelists about:

  • How they each define growth - both in terms of how they are developing procurement's capabilities and in how that empowers them to contribute to the corporate top line
  • Ways procurement can better communicate and demonstrate their top-line, value-oriented investments to the rest of the business
  • The absolute criticality of partnering with suppliers while seeing them as much more than suppliers: current customers, potential customers, and/or sources of differentiation and market expertise

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Episoder(918)

EP 12: Provider of the Week: Una

EP 12: Provider of the Week: Una

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876: AI with Purpose: Designing Procurement's Next Chapter W/ Gaël De Martelaere

876: AI with Purpose: Designing Procurement's Next Chapter W/ Gaël De Martelaere

"If you build AI on top of weak foundations, you're going to have a very broken system." - Gaël De Martelaere, Chief Procurement Officer, Hexion AI is driving enormous change in procurement, but succe...

27 Jul 41min

875: How to Transform Every Procurement Partnership W/ Kate Vitasek

875: How to Transform Every Procurement Partnership W/ Kate Vitasek

"When you have a great partnership, the value that you can create is unbelievable if you know how to do it." - Kate Vitasek Despite the best intentions, nearly 70% of business partnerships unravel wit...

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EP 11: Provider of the Week: Valdera

EP 11: Provider of the Week: Valdera

Chemical procurement's complexity isn't news, but the pace of change – and risk – is climbing fast. With AI sweeping through every corner of the business, leaders charged with sourcing chemicals and r...

15 Jul 24min

874: Building Resilience Beyond Tier One: Hard Truths About Risk and Visibility W/ Harald Nitschinger

874: Building Resilience Beyond Tier One: Hard Truths About Risk and Visibility W/ Harald Nitschinger

"Resilience doesn't mean a supply chain that doesn't see risk. That's impossible. It means setting yourself up to withstand shocks and disruptions." - Harald Nitschinger, Co-founder and CEO, Prewave T...

13 Jul 37min

873: Creating Capacity for Complex Problem Solving W/ Israel Santiesteban

873: Creating Capacity for Complex Problem Solving W/ Israel Santiesteban

"We need to evolve from procurement professionals into business leaders with procurement expertise." - Israel Santiesteban, Former Chief Procurement Officer and Head of Supply Chain The next evolution...

6 Jul 39min

EP 10: Supplier Management as a Connected Discipline W/ Jesse Lee

EP 10: Supplier Management as a Connected Discipline W/ Jesse Lee

"If your business is getting bigger, then supplier management is going to be ever more important to you." - Jesse Lee, Co-founder, CEO of Brooklyn Solutions Procurement's role in managing suppliers is...

1 Jul 31min

872: Beyond Automation: Accelerating Agentic AI Transformation in Procurement W/ Vishal Patel

872: Beyond Automation: Accelerating Agentic AI Transformation in Procurement W/ Vishal Patel

"The future of procurement isn't actually AI. It's people using AI to improve business outcomes and improve their own value add." - Vishal Patel, SVP Product & Customer Marketing at Ivalua Many procur...

29 Jun 28min

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