Influence Mindset Opinion

019: Friday Show: Why Procurement Should Focus on It’s Customers, Not on Being “Best-in-Class”

On today’s Art Of Procurement Friday Show, I talk about an issue that may be a little contentious, and that’s the concept of best in class procurement.

I also share some thoughts on a recent acquisition that’s occurred in the procurement services market last week.

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“Rather than chasing best in class, look at where you are today, and think about what’s important to your organization. Understand what your business needs from a procurement function.”

Episode Transcript (PDF):

  • Click here to download a copy of today’s episode transcript (PDF).

Links and Resources:

Thanks for Listening!

 

About the author

Philip Ideson

Philip Ideson is passionate about the role that procurement professionals and leaders can plan in creating competitive advantage for their organizations in ways that go beyond the traditional value proposition.

Philip founded Art of Procurement as a way for the procurement community to learn from each other, increasing the impact they have on their organizations. In 2017, he co-founded Palambridge, a virtual platform of procurement experts, technology, and intelligence. Palambridge provides a broad range of flexible procurement solutions, available on-demand.

Prior to Art of Procurement and Palambridge, Philip enjoyed a career that spanned the procurement value chain, working across three continents for organizations such as Accenture, Procurian, Ally Financial, Pfizer and Ford Motor Company.

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