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Should Procurement Fear or Embrace Procurement-as-a-Service?

I recently had the opportunity to interview Phillip Ideson, the founder of ProcureChange, a new Procurement-as-a-Service (PaaS) provider. You can listen to the entire interview on BMP Radio.

My first reaction to PaaS – one that I think is quite natural – is concern about what it will mean for today’s procurement practitioners if it catches on. Will we be outsourced the same way we have outsourced so many other formerly in-house capabilities?

As it turns out, however, the news is better than I expected. PaaS, far from being a threat to procurement, may be one way for us to achieve the strategic status we crave.

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In the Shadow of the Revolution

With the first (annual?) Procurement Revolution under our belts, Phil Ideson and I have spent the last few days looking back on everything that was shared, asked, and exchanged.

By all measures, the Procurement Revolution was an unmitigated success. Over the course of 5 days, 40 Revolutionaries delivered 5 live webinars and over 50 unique pieces of audio, video, and written content. We were able to cover a wide range of topics, including competitive advantage, globalization, autonomous cars, and digital commerce. Each piece was created as something fresh and new – shared just because it could be rather than because it was commissioned or promotional. The resulting Twitter discussion, using the hashtag #ProcureRev, created over 1.7 MILLION impressions.

 

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Recommended Webinars September 3-7: Catalyst Action Planning, Digital Contract Management and Chilean Wine!

I thought this week might be so quiet that there wouldn’t be any webinars to recommend… Wrong-O! Monday will be a ghost town in most of the U.S. because of the Labor Day holiday, but things pick right back up for the rest of the week. Next week is already busy too, with 8 webinars and one conference already on the calendar.

If you’re planning a little further out, I invite you to spend an hour of time with Phil Ideson (Art of Procurement) and I on September 11th or 12th. We’ve scheduled 3 live, virtual workshops that cover every conceivable time zone, so you really have no excuse not to be at one! By the end of the hour, you’ll have completed your own unique procurement catalyst plan for action – so have a pen and paper handy! Click here for more information.

BTW: If you haven’t already, sign up for our mailing list to be sure you get my weekly recommendations in your Inbox each Monday.

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