Changing the Procurement Status Quo

On this week’s episode, host Seth Colaner welcomes Philip Ideson, Founder and Managing Director of Art of Procurement. Philip discusses ways of bringing value as a procurement professional.Key Takeaways:(02:28) Know procurement’s purpose and bring value fitting the company’s maturity. (04:45) Measure cycle times to remove friction. (06:13) Use technology to supplement people and processes, not replace them. (08:08) Solve the longstanding data problem with AI.(10:27) Change is a journey. Take incremental steps.(13:41) Don't try to control all spend in the initial stages. (15:28) Focus technology on data analytics, it’s not a silver bullet.Resources Mentioned:Philip Ideson - https://www.linkedin.com/in/philipideson/Art of Procurement - https://artofprocurement.com/Art of Supply - https://artofprocurement.com/supply/This episode is brought to you by Tonkean.Tonkean is the operating system for business operations and is the enterprise standard for process orchestration. It provides businesses with the building blocks to orchestrate any process, with no code or change management required. Contact us at tonkean.com to learn how you can build complex business processes. Fast.#Operations #BusinessOperations