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702: Meeting Supply Chain Volatility with Agility and Resilience w/ Frank McKay

Art of Procurement

Release Date: 06/03/2024

731: Procurement 6 | September 13th, 2024 show art 731: Procurement 6 | September 13th, 2024

Art of Procurement

Procurement 6 is a short podcast from Art of Procurement that publishes in the Art of Procurement feed every Friday morning at 6am US Eastern Time. Presented by a member of the Art of Procurement team, each episode has 6 short segments that summarize the week in procurement. Segments range from procurement tips to podcast summaries, from details of events to news or overviews of blog posts that capture our attention.

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730: Calculating the Cost of Convenience in Facilities Management W/ Alex Carlson show art 730: Calculating the Cost of Convenience in Facilities Management W/ Alex Carlson

Art of Procurement

“Everyone has an opinion about facility services in your buildings, so you're always trying to accommodate multiple stakeholders and juggle multiple departments.” - Alex Carlson, VP of Facilities Management Services at Fine Tune In the world of indirect spend management, there are few categories as complex - and high stakes - as facilities management. Delivery locations and sometimes provider networks are distributed and fragmented, making selection, implementation, and ongoing oversight especially difficult. It is no wonder, then, that so many companies are tempted over to “the dark...

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729: Procurement 6 | September 6th, 2024 show art 729: Procurement 6 | September 6th, 2024

Art of Procurement

Procurement 6 is a short podcast from Art of Procurement that publishes in the Art of Procurement feed every Friday morning at 6am US Eastern Time. Presented by a member of the Art of Procurement team, each episode has 6 short segments that summarize the week in procurement. Segments range from procurement tips to podcast summaries, from details of events to news or overviews of blog posts that capture our attention.

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728: If we had a crystal ball… Mid-year check in with Philip Ideson and Kelly Barner show art 728: If we had a crystal ball… Mid-year check in with Philip Ideson and Kelly Barner

Art of Procurement

“At the end of the day, we're trying to create this organization from which we have the ability to help the profession move forward with more than ever before. We think in terms of what each trend or change is going to mean to each team and what they can make of the related opportunities and challenges.” - Philip Ideson, Founder & Managing Director, Art of Procurement In this episode of the Art of Procurement podcast, Philip Ideson and Kelly Barner take a break from their usual roles interviewing procurement thought leaders and experts to reflect on the year so far in procurement,...

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727: Procurement 6 | August 30th, 2024 show art 727: Procurement 6 | August 30th, 2024

Art of Procurement

Procurement 6 is a short podcast from Art of Procurement that publishes in the Art of Procurement feed every Friday morning at 6am US Eastern Time. Presented by a member of the Art of Procurement team, each episode has 6 short segments that summarize the week in procurement. Segments range from procurement tips to podcast summaries, from details of events to news or overviews of blog posts that capture our attention.

info_outline
726: Unpacking SAP’s 2024 Economist Impact Report W/ Baber Farooq show art 726: Unpacking SAP’s 2024 Economist Impact Report W/ Baber Farooq

Art of Procurement

“One thing is very clear from our research: the skill sets for procurement are changing. Whatever the skill sets are today, they are not going to be the skill sets that are needed tomorrow.” -Baber Farooq, Senior Vice President, Market Strategy, Procurement Solutions at SAP SAP recently released the 2024 results of their annual Economist Impact survey. It contains insights into the overall health of procurement and provides a look at C-suite perspectives on procurement’s role and reputation in the business and the most pressing challenges and opportunities facing them today. This year,...

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725: Procurement 6 | August 23rd, 2024 show art 725: Procurement 6 | August 23rd, 2024

Art of Procurement

Procurement 6 is a short podcast from Art of Procurement that publishes in the Art of Procurement feed every Friday morning at 6am US Eastern Time. Presented by a member of the Art of Procurement team, each episode has 6 short segments that summarize the week in procurement. Segments range from procurement tips to podcast summaries, from details of events to news or overviews of blog posts that capture our attention.

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724: Will Category Management Ever Become Mainstream? show art 724: Will Category Management Ever Become Mainstream?

Art of Procurement

Category management has been around for decades - so why hasn’t it become ubiquitous?  Many of the objectives procurement needs to satisfy - both qualitative and quantitative - can be addressed by a category management program. Taking a more comprehensive approach to spend and supplier management can deliver improved cost flexibility, more leverage in tightly held markets, and a closer alignment with the priorities of the business. Despite all of these benefits, category management struggles to secure broad adoption.   In this solo episode, Philip Ideson speaks about his...

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723: Procurement 6 | August 16th, 2024 show art 723: Procurement 6 | August 16th, 2024

Art of Procurement

Procurement 6 is a short podcast from Art of Procurement that publishes in the Art of Procurement feed every Friday morning at 6am US Eastern Time. Presented by a member of the Art of Procurement team, each episode has 6 short segments that summarize the week in procurement. Segments range from procurement tips to podcast summaries, from details of events to news or overviews of blog posts that capture our attention.

info_outline
722: Transforming Procurement at Roche: A Roadmap for the Future w/ Patrick Foelck show art 722: Transforming Procurement at Roche: A Roadmap for the Future w/ Patrick Foelck

Art of Procurement

“What ultimately drove all of us – leadership team, colleagues, and people in procurement – was the excitement about the future. The ability to contribute very differently to the success of the company, ultimately impacting the patient journey, is a great purpose that we have – curing and helping patients.” - Patrick Foelck, Head of Strategy & Transformation and Head of Insights & Enablement Procurement at Roche How procurement prepares for the future, one that includes accelerating digital innovation, may determine whether they have a future at all.  In this episode,...

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“You have to make investments in your supplier network if you want to be successful. The old days of ‘I have to win, and you have to lose’ are gone. We are so transparent. We are using technology. Relationships are key.” - Frank McKay, Chief Supply Chain & Procurement Officer, Jabil

In 2023, Jabil conducted a 2023 Supply Chain Survey in collaboration with SIS International Research. In this episode, Philip Ideson sits down with Frank McKay, Chief Supply Chain & Procurement Officer at Jabil to discuss the results, which pinpointed things like cost reduction, customer satisfaction, communication, and visibility as some of procurement’s top-of-mind challenges. 

In addition to sharing his own experiences as a practitioner for over 25 years, Frank also discusses his perspective on the evolving role of procurement and how they can better reduce supply chain operational costs, as well as how Chief Supply Chain Officers should be adjusting their strategies in response to rapidly shifting global supply chain dynamics and volatility. 

In the episode, they also explore:

  • How procurement should be integrating AI and machine learning technologies into their processes to elevate their function and drive greater impact
  • The complex nature of managing global supply chains and how to meet these challenges
  • How procurement can help build more resilient supply chains that can adapt to geopolitical tensions, market volatility, and rapid technological advancements 

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