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Art of Procurement Podcast Episode 241: Aligning Intent And Investment To Build (The Right) Procurement Capabilities

This podcast was published by Art of Procurement on February 25, 2019

In this episode, AOP Host Philip Ideson and Kelly Barner (AOP Content Director and Owner of Buyers Meeting Point) discuss their major take-aways from February’s news, industry topics and podcast interviews.

In February, Andrew Daley (Edbury Daley) described the importance of conquering risk aversion when we scope out and fill open positions. Jens Hentschel (FIVIS Partnership) reminded us of the danger of “toiling away” at a tactical level while missing the big picture. Finally, Matt Clark (Corcentric) described the positioning challenges being faced by accounts payable organizations as well as the company’s recent acquisitions: Source One Management Services and Determine.

Don’t miss out on upcoming opportunities to connect with us in person at ProcureCon and Ariba Live, or the latest on the AOP Live schedule – including the free download on Building a Procurement AI Game Plan based on February’s session with Sievo.

This month’s discussion topic was driven by the findings of The Hackett Group’s 2019 CPO Agenda Report: Building Next-Generation Capabilities. The existing gaps between what procurement believes is important from a skills development perspective and what the enterprise values (and why) may be a quick read, but it deserves a lot of thought.

Click here to listen to the podcast.

The Procurement Maturity Curve – Managing Risk Inside & Out – Part 1 (Determine)

This content was posted on the Determine blog on February 19, 2019

In the past, we’ve taken a close look at how the procurement maturity curve affects its focus. Two recent posts addressed issues concerning the evolving role of procurement savingsinformation and technology. In this two-part blog series, we’ll consider supply chain risk in the context of procurement’s maturity. We start by looking at supplier risk and the available methods to monitor and mitigate it. Then we’ll examine internal vs. external sources of risk.

Click here to read the rest of the article.

Is B2B driving B2C supply chain innovation, or vice versa? (ATSC blog)

This content was posted on the ATSC blog on February 18, 2019

Every supply chain manager is also an individual consumer, and there can be no doubt that the innovations in one market often alter the demand, offerings and consumer expectations of the other. Despite the fact that we have different priorities and perspectives on our personal spend than we do corporate spend, the rate of idea exchange between the two markets seems to be speeding up, ultimately bringing business and consumer supply chain and logistics closer together.

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