702: Meeting Supply Chain Volatility with Agility and Resilience w/ Frank McKay
Release Date: 06/03/2024
843: How Change Management Powers Procurement Transformation W/ Jesse Jacoby
Art of Procurement
“Taking the time to get input, to get the feedback and listen to the needs might add a few weeks up front, but ultimately, you're going to have a better, stronger solution and support and alignment.” - Jesse Jacoby, Founder and Managing Principal, Emergent, LLC Procurement and business leaders face a tangled web: legacy systems, evolving digital capabilities, and rising pressure to do more with less. How do you design an operating model that truly enables transformation without adding more complexity? In this episode, Philip Ideson speaks with Jesse Jacoby, Founder and Managing...
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843: The Future Is Frictionless: Simplifying Procurement with Tech and Trust W/ Todd Heimes
Art of Procurement
“We want our customers to be able to put their own internal procurement rules into our Amazon Business marketplace, so they can feel secure and still get that great experience.” - Todd Heimes, Vice President and General Manager, Amazon Business Worldwide Right now, procurement leaders are balancing pressure to deliver savings, manage risk, and remove barriers for business users. As organizations get more complex, the need for connected digital procurement – and real-time, actionable insights – makes all the difference. In this episode, Philip Ideson speaks with Todd Heimes, Vice...
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BTW EP 22: Challenging Procurement’s Most Comfortable (Bad) Habits
Art of Procurement
Procurement’s problem isn’t speed. It’s form. They’ve gotten great at automating and accelerating weak processes while quietly rewarding the “good contract, bad deal” mentality that ultimately undercuts their own efforts. In this podcast episode of “Buy: The Way…To Purposeful Procurement,” Omid Ghamami, president of the Procurement and Supply Chain Management Institute and former Intel purchasing operations leader, joins co-hosts Philip Ideson and Rich Ham to challenge procurement’s most comfortable (bad) habits. He argues that the function claims victory at...
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841: Three AI-Powered Opportunities: Assist, Augment, Autonomize W/ Etosha Thurman
Art of Procurement
“If your only role is cost management and processes, that’s scary to me. The value of procurement is so much more than that.” – Etosha Thurman, Chief Marketing Officer, Finance and Spend Management at SAP AI is rapidly changing procurement’s mandate and the expectations that business leaders now have. Technology is no longer just digitizing processes; it’s opening the door to new operating models and deeper business impact. To thrive, procurement teams must deliver far more than savings. They must bring innovation, resilience, and data-driven influence to the table. In this...
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839: Building Data-Driven Procurement at Scale W/ Adrian Vicol
Art of Procurement
“The value you bring as a procurement function has transcended being a cost saver. They are now a discussion partner with other functions and bring value in the form of intelligence.” - Adrian Vicol, Data Strategy Lead & Data Architect, Siemens Energy Procurement leaders are facing more complex questions about data than ever before. As organizations move toward AI and automation, the need for clean, reliable, and actionable data is skyrocketing – but most teams are still wrestling with legacy challenges and data silos. Getting this right is no longer optional; it’s becoming...
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840: Why Data Literacy Matters More Than Ever in Procurement W/ Satvinder Panesar
Art of Procurement
“The value isn't in giving them the coffee beans and hoping they take that away and make a cup of coffee – what they need is a drink. So instead of giving them the data, do the extra steps and pull out the insights for them.” - Satvinder Panesar, Data and Analytics Strategy Director, AstraZeneca Procurement leaders are surrounded by data, but turning numbers into true business impact is a new kind of challenge. As AI and analytics tools promise even more information, the real differentiator is knowing how to interpret, validate, and act on those outputs… before your competitors...
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BTW EP 21: Planning for People: Behavioral Architecture with David Loseby
Art of Procurement
Procurement’s toughest problems rarely come from spreadsheets or contracts. They come from people. In this episode of “Buy: The Way…To Purposeful Procurement,” David Loseby – professor, former CPO, and self-described “pracademic” – joins Philip Ideson and Rich Ham to explore why procurement’s incentive systems often fail not because they’re wrong on paper, but because they ignore how people actually think and act. Unfortunately, he says, most systems are designed for tidy models, not messy human behavior. Drawing on behavioral science and front-line experience, David...
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838: Protecting Competition: Inside the DOJ’s Fight Against Procurement Collusion
Art of Procurement
“Fraudulent conduct robs the government – at all levels, local, state, or federal – of the benefit of competition. Competition is free and open; it is the Magna Carta of the American economic system, and robbing the government of that benefit is inherently wrongful.” Public sector procurement faces mounting challenges, not least of which is the threat of collusion and fraud that quietly erodes budgets and public trust. The Department of Justice’s Procurement Collusion Strike Force is taking this seriously, with a coordinated and data-driven approach to cracking down on...
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837: Mastering Influence: Procurement’s Internal and External Edge W/ Giuseppe Conti
Art of Procurement
“Too many procurement professionals have developed a push energy. If you take that same approach with internal stakeholders, it won’t work. We need to develop pull energy — asking questions, listening, and creating a shared vision.” - Giuseppe Conti, Professor, Author of Negotiation + Influence = Success: Quick Lessons to Help You Win in Corporate Life Procurement leaders know how much the field has changed, but the biggest barriers often come from within. As procurement’s role expands, it has become essential to influence internally, manage expectations, and go beyond data-driven...
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BTW EP 20: Inventive Incentives: Jason Brown on Procurement Incentive Structures
Art of Procurement
Procurement doesn’t just have a measurement problem. It has a motivation problem. Behind every misaligned target, every “savings” claim, and every missed opportunity is the same invisible culprit: incentives that quietly tell people to do the wrong things well. In this episode of Buy: The Way…To Purposeful Procurement, Jason Brown, accounting professor at Indiana University and longtime corporate incentives expert, joins co-hosts Philip Ideson and Rich Ham to expose how organizational reward systems shape behavior far more powerfully than strategy or mission statements ever could. He...
info_outline“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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