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Unlocking Hidden Value: Strategies for Effective Tail Spend Management in Procurement featuring Matt Kruse of ProcureAbility

The Sourcing Industry Landscape

Release Date: 11/06/2024

Agentic Orchestration and AI in Procurement: A Conversation with Remi Legorrec of Flowie show art Agentic Orchestration and AI in Procurement: A Conversation with Remi Legorrec of Flowie

The Sourcing Industry Landscape

In this podcast episode, Dawn Tiura interviews Remi Legorrec, the CRO and co-founder of Flowie, an AI-powered orchestration platform for procurement and finance. Remi shares insights from his experience at the pitch showdown during the Global Executive Summit, his background in engineering and strategic consulting, and the evolution of Flowie. The conversation delves into the concepts of agentic orchestration, intelligent automation, and the role of generative AI in procurement. Remi emphasizes the importance of collaboration, data security, and the need for human involvement in...

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Pramod Sethumadhavan of GEP and Jim Gruwell of Smurfit Westrock Discuss their General Session for the Global Executive Summit show art Pramod Sethumadhavan of GEP and Jim Gruwell of Smurfit Westrock Discuss their General Session for the Global Executive Summit

The Sourcing Industry Landscape

In this episode, Dawn Tiura discusses the upcoming SIG Global Executive Summit in Nashville with Jim Gruwell of Smurfit Westrock and Pramod Sethumadhavan of GEP.  They give a sneak peek into their general session, Fragmented to Future-Proof: How Smurfit Westrock Engineered a High-Impact Procurement Transformation, which focuses on the transformation of procurement at Smurfit Westrock. Together they explore the evolving role of procurement, the challenges faced in shifting mindsets from transactional to strategic approaches, and the integration of digital tools to enhance efficiency. The...

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Matthew Buckingham of Focal Point and Marc Behring of Messer give a sneak peek into their GES Session, “Procurement's Evolving Role: Beyond Cost Savings” show art Matthew Buckingham of Focal Point and Marc Behring of Messer give a sneak peek into their GES Session, “Procurement's Evolving Role: Beyond Cost Savings”

The Sourcing Industry Landscape

In this podcast, Dawn Tiura hosts Matthew Buckingham of Focal Point and Marc Behring of Messer to discuss their upcoming session, Procurement's Evolving Role: Beyond Cost Savings, at the Global Executive Summit in Nashville. They explore how procurement teams can balance short-term cost savings with long-term value creation, the importance of supplier relationships, the role of automation in enhancing these relationships, and the necessity of integrating risk management into procurement processes. The discussion emphasizes the need for innovation within procurement to drive competitive...

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Transforming Procurement: Didero’s Journey to the GES “Startup Pitch Showdown” show art Transforming Procurement: Didero’s Journey to the GES “Startup Pitch Showdown”

The Sourcing Industry Landscape

In this podcast episode, Dawn Tiura welcomes Tom Petit and Lorenz Pallhuber, two of the three co-founders of Didero—one of the three finalists competing in the "Startup Pitch Showdown" on April 3rd at the GES Summit in Nashville. Tom and Lorenz share insights into the challenges supply chain teams face and how Didero’s innovative solutions are transforming the industry. Their conversation highlights the importance of automating mundane tasks, empowering professionals to focus on strategic decision-making, and the broader impact of their technology on procurement.

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Revolutionizing Cloud Procurement: Ankur Srivastava on Flywl’s Vision and GES Startup Pitch Showdown show art Revolutionizing Cloud Procurement: Ankur Srivastava on Flywl’s Vision and GES Startup Pitch Showdown

The Sourcing Industry Landscape

In this podcast episode, Dawn Tiura sits down with Ankur Srivastava, founder and CEO of Flywl, one of three finalists competing in the “Startup Pitch Showdown” on April 3rd at the GES Summit in Nashville. Flywl is on a mission to transform cloud marketplaces and procurement processes. Ankur shares his entrepreneurial journey, what inspired him to launch Flywl, and how the company is streamlining the buyer experience in cloud marketplaces. He dives into the critical role of understanding buyer needs, integrating seamlessly with existing procurement systems, and fostering collaboration to...

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Roger Blumberg & Dan Linney: Roger Blumberg & Dan Linney: "Roadmap for Tackling the 2025 CPO Agenda" – A glimpse into their session at the 2025 Global Executive Summit

The Sourcing Industry Landscape

In this podcast episode, Dawn Tiura hosts Roger Blumberg and Dan Linney to discuss their upcoming breakout session, Roadmap for Tackling the 2025 CPO Agenda. They explore the challenges procurement leaders will face, including the need for scenario planning and the impact of tariffs. The conversation shifts to the importance of redefining value beyond cost savings and the role of technology, particularly AI, in optimizing procurement processes. They emphasize the need for supplier diversification and building strong relationships to ensure resilience in supply chains. Join them in Nashville...

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Paul Vincent of Randstad Enterprise gives a sneak peek into his GES session, “The Generation Procurement Game: from Clerk to Confidante.” show art Paul Vincent of Randstad Enterprise gives a sneak peek into his GES session, “The Generation Procurement Game: from Clerk to Confidante.”

The Sourcing Industry Landscape

In this podcast episode, Paul Vincent of Randstad Enterprise gives a sneak peek into his upcoming session for the GES Spring 2025 Summit. He describes how he, along with his fellow panelists, Brian Roche and Zach Engels of Westfield Insurance and Sydney Loomans of CME Group will discuss the evolving landscape of procurement. This upcoming session titled 'The Generation Procurement Game: from Clerk to Confidante,' will explore the historical and current trends in procurement strategies. Paul shares insights on how procurement has shifted from a focus on cost to value, the importance of...

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Kyle Scheele Gives a Sneak Peek into his 2025 GES Opening Keynote, “Becoming an Idea Factory: How to Turn Yourself (and your organization) Into an Innovation Machine Kyle Scheele Gives a Sneak Peek into his 2025 GES Opening Keynote, “Becoming an Idea Factory: How to Turn Yourself (and your organization) Into an Innovation Machine"

The Sourcing Industry Landscape

In this podcast episode, author, Kyle Scheele, gives a sneak peek into his April 3rd opening keynote, discussing the importance of fostering creativity and innovation within organizations. He emphasizes that ideas have specific needs and that leaders must cultivate an environment where creativity can thrive. Kyle addresses common misconceptions about creativity, highlighting that it is not an inherent trait but a skill that can be developed. To hear more from Kyle Scheele, register for the upcoming GES Spring Summit taking place at the Omni Nashville Hotel from April 2nd-April 4th.

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Revolutionizing Procurement: Jag Lamba on Generative AI, Risk Management, and Change Leadership show art Revolutionizing Procurement: Jag Lamba on Generative AI, Risk Management, and Change Leadership

The Sourcing Industry Landscape

In this podcast episode, Dawn Tiura of SIG interviews Jag Lamba, CEO of , a third-party lifecycle management platform. They discuss the importance of AI in procurement, particularly generative AI's role in managing unstructured data and improving efficiency. Jag explains how Certa's platform helps organizations manage risks and compliance while streamlining data collection and analysis. The conversation also touches on the challenges of operationalizing generative AI and the significance of change management in organizations adopting this technology.   

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From Archaeology to Aerospace: Rising Star Winner Greta Fielitz of Airbus Shares Her Unique Career Journey show art From Archaeology to Aerospace: Rising Star Winner Greta Fielitz of Airbus Shares Her Unique Career Journey

The Sourcing Industry Landscape

In this podcast episode, Dawn Tiura interviews Future of Sourcing Rising Star winner, Greta Fielitz of Airbus U.S. Space & Defense. They discuss Greta's unique career journey from anthropology and archaeology to technical sales and ultimately to her current role as a senior contracts manager. The conversation delves into the challenges and learning curves of working with government contracts, the importance of self-belief, and the balance between professional and personal life. Greta shares insights on her experiences at Airbus, her passion for sourcing, and her advice for those starting...

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More Episodes

In this episode, Dawn Tiura of SIG and Matt Kruse of ProcureAbility explore the often-overlooked concept of tail spend in procurement—discussing its impact, inherent challenges, and the best practices for managing it effectively. They dive into the risks tied to unmanaged tail spend, emphasizing the crucial role of data visibility and analysis in addressing these issues. By sharing real-world examples, they illustrate how successful tail spend management can drive cost savings and reduce procurement risks. The conversation highlights the importance of a strategic, collaborative, and continuously monitored approach to optimize procurement and unlock hidden value.