There was a time when the only objective procurement had to satisfy was saving the company money, and the only way to do that was to negotiate tough with suppliers. Today, however, the business’s expectations are much greater - a shift that is raising the bar for procurement professionals in all industries and across categories of spend.
In this episode of The Sourcing Hero podcast, Host Kelly Barner welcomes back Philip Ideson, Founder and Managing Director at Art of Procurement. They take the opportunity to discuss one of the broader themes we are hearing about in procurement today, and that is procurement skill sets and their connection to business outcomes.
Highlights
Phil speaks from his own experience as a procurement professional and as someone covering the space through this major shift:
- The most important skill procurement can employ while trying to save money and also support the overall business
- How changes in the procurement operating model and tech stack are affecting the skills needed on the team
- Differences in category strategy and stakeholder groups and how those (should) impact procurement’s approach
