Libsyn Directory

849: Reinventing Direct Procurement in the Digital Age W/ Spencer Penn

Release Date: 01/19/2026

852: The Future of RFPs: Leaner, Smarter, and Agentic AI-Driven W/ Barri Horn

Art of Procurement

“Now with agentic AI, RFPs are becoming and will become even leaner, and they'll cut to the chase a whole lot faster. There'll be a lot less fluff.” - Barri Horn, Director of Product Marketing for AI for SAP Ariba and SAP Fieldglass' strategic procurement portfolios AI is reshaping the RFP process, but smart procurement leaders know they have to think beyond speed or efficiency drivers and, instead, reimagine the value they deliver. As teams turn to AI to break free from past challenges, the question isn’t if change is coming, but how to capture its advantages while managing risk, trust,...

851: Reframing Procurement as a Revenue Enabler W/ Sergio Martin

Art of Procurement

“There is a limit on how much you can save, but there is no limit on how much you can make.” - Sergio Martin Procurement is evolving fast. The true differentiator now is how the function can become a partner for growth and resilience. That means reimagining “customer experience” at every touchpoint, not just inside the business, but with suppliers as well. In this episode, procurement advisor and former procurement and supply chain executive Sergio Martin explains what it takes to deliver that value. Sergio shares practical stories from his experience at companies like Burberry and...

850: Persuasion Is a Procurement Power Skill – When It’s Done Right W/ Martin John

Art of Procurement

“Persuasion is about your intent. If your intent is solely to win at the other person’s expense, that’s manipulation. If you want the other party to also benefit from the conversation, then that’s collaborative, and that’s ethical persuasion.” - Martin John Procurement leaders know that success often depends on more than just negotiating skills or cost models; it demands the ability to influence people at every level. But what does it take to move from presenting facts to truly persuading suppliers, stakeholders, and executives to take action? This is a question that’s more...

849: Reinventing Direct Procurement in the Digital Age W/ Spencer Penn

Art of Procurement

“Direct materials is the most under-innovated, untouched by modern technology of any spend area.” - Spencer Penn, Co-Founder and CEO, LightSource Direct spend makes up the lion’s share of the procurement budget, but all too often, it’s still managed in spreadsheets and disconnected tools. Today’s volatile supply market and relentless cost pressures demand more. What is holding companies back from real transformation in direct procurement, and where do the smartest teams focus their innovation efforts? In this AOP podcast episode, host Philip Ideson speaks with Spencer Penn,...

848: Relationship Builder or Robot? Keeping Procurement Human in a Digital Age W/ Brad Keighley

Art of Procurement

“AI has fantastic value when you look at spend analytics, sourcing decisions, and process efficiency, but to replace the infancy stage that allows you to have a relationship with stakeholders, I think, is a mistake.” – Brad Keighley Digitization and automation promise so much for procurement, but what gets lost if we let technology run the show? As organizations scale and regulatory pressure mounts, the ability to connect on a human level can become a procurement superpower. Ignore it, and procurement risks becoming just another system, not a strategic partner. As a multiple-time CPO and...

847: 2026: A Defining Moment for Procurement

Art of Procurement

“Efficiency should fund the future, not erase the people needed to deliver it.” – Philip Ideson, Founder and Managing Director of Art of Procurement 2026 is going to be another year of volatility, but it will also be a year of immense opportunity for procurement pragmatists, the ones who are willing to do the work to build the future rather than just waiting for it to arrive. In a tradition that dates back to 2018, Art of Procurement rings in the new year with Founder and Managing Director Philip Ideson’s Annual Message. Each year’s perspectives are shaped by hundreds of...

846: Building Agility Through Emergency Procurement Readiness W/ Rick Bond and Tammy Rimes

Art of Procurement

“The first time that you speak with a supplier shouldn’t be in a time of crisis. Our best customers work with us regularly, and we're constantly hearing from them.” - Rick Bond, Chief Revenue Officer, Safeware When a crisis hits, procurement must move at lightning speed… but without cutting corners. How do public agencies build systems that are nimble, compliant, and ready for anything? The answer to that question lies in proactive preparation, robust cooperative agreements, and the partnerships that power an effective emergency response. In this episode, Philip Ideson speaks...

BTW EP 24: Phil-out Season Finale: A Procurement Roast With Purpose

Art of Procurement

After 23 episodes of dissecting procurement’s incentive flaws, behavioral blind spots, and structural contradictions, the “Buy: The Way…To Purposeful Procurement” podcast team closes season one with something different: reflection, humor, a little chaos, and a first look at what comes next. In this episode, Rich Ham seizes the mic for a surprise “hostile takeover,” pulling Philip Ideson and Kelly Barner into a rapid-fire look back at the most memorable moments of the season. What follows is part game show, part roast, and part highlight reel. In short, the perfect way to close a...

845: Inside the AI Foundation Behind Next-Gen Procurement W/ Fang Chang

Art of Procurement

“If you don’t go on the journey, you risk being left behind. The key is to try, learn, and apply AI in a way that creates real value.” - Fang Chang, EVP and Chief Product Officer at SAP AI isn’t just another feature on your tech checklist. It’s changing the way procurement teams deliver impact… but only for those bold enough to rethink from the ground up. In this podcast episode, host Philip Ideson speaks with Fang Chang, EVP and Chief Product Officer at SAP, who shares what it looks like to rebuild an established platform like Ariba on a true AI foundation. Fang’s team...

BTW EP 23: The Phil-Ins: The Procurement Performance Paradox

Art of Procurement

After nearly a year of exploring procurement’s incentive paradox from every angle, Philip Ideson, Rich Ham, and Kelly Barner reconvene to connect the dots between three of the series’ most thought-provoking guests: Jason Brown, David Loseby, and Omid Ghamami. Each offered a distinct lens on the same fundamental question: What does performance really mean in procurement today? Jason Brown framed incentives as an operating system: a structure that shapes behavior and defines what purpose looks like in practice. David Loseby reminded us that real change starts with understanding people, not...

More Episodes

“Direct materials is the most under-innovated, untouched by modern technology of any spend area.” - Spencer Penn, Co-Founder and CEO, LightSource

Direct spend makes up the lion’s share of the procurement budget, but all too often, it’s still managed in spreadsheets and disconnected tools. Today’s volatile supply market and relentless cost pressures demand more.

What is holding companies back from real transformation in direct procurement, and where do the smartest teams focus their innovation efforts?

In this AOP podcast episode, host Philip Ideson speaks with Spencer Penn, co-founder and CEO of LightSource. Drawing from his hands-on experience at Tesla and Waymo, Spencer explains why direct procurement's digital journey has lagged behind indirect, and what it takes to move from manual, reactive “firefighting” to scalable, collaborative value creation.

If you’re wondering how to unite engineering, procurement, and finance to drive structural cost reduction, or how to leverage tech for more than basic automation, this episode is a must-listen.

In this episode, Spencer talks about how to:

Make sense of why most direct procurement processes are still manual
Learn how collaboration between procurement, engineering, and suppliers drives lasting savings
See where legacy thinking and incentives stall change (and how to overcome it)
Discover what tech can enable and when people are essential
Find out why small sourcing decisions at scale become huge bottom-line wins

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