This Week in Procurement

This Week in Procurement: A CPO’s “To-Do” List for the First 100 Days and Much More…

Written by Philip Ideson

My “Must Read” article this week comes from Greg Tennyson, CPO of VSP and was published on Art of Procurement.  I think this is the first time that I have featured an Art of Procurement article as a must read – frankly, because I launched This Week in Procurement as a way to feature writing from across the procurement ecosystem. However, this one has been very well received – and is an article that I love.

Greg shares a 100-day “to-do” list for the new CPO, or for procurement leaders embarking on a transformation program. The Moolah mascot that he created at VSP has become legendary within Northern California procurement circles!

Procurement Transformation: A CPO’s “To-Do” List for the First 100 Days | Greg Tennyson, VSP Global


2.
OTHER INTERESTING ARTICLES

RANT: Modernizing The Procurement Professional | James Patounas, Strategic Sourceror

Prioritising Long-Term Strategic Value over Short-Term Savings | David Yin, GEP

Both UK Economic and Global Geo-Political Risks Grow | Peter Smith, Spend Matters

Deconstruct past processes to prepare for the future | Kelly Barner, Buyers Meeting Point

How to Be a Better Procurement Boss | Bronwen Han, Argentus Supply Chain Recruiting

How procurement can help rather than hinder innovation | Sarah Vizard, Marketing Week

Increase Your Procurement Team ROI With Clear Communication To Business Stakeholders | Nicholas Walden, The Hackett Group


3.
PROCUREMENT & SERVICE PROVIDER NEWS

Waterloo-based Bonfire raises $11 million to automate the procurement process | Jessica Galang, BetaKit

Coupa Software (COUP) Releases Q2 Earnings Guidance | David Glaser, Sports Perspectives

Exeter’s blur Group to cut pay and suspends shares as further funding is sought | Hannah Finch, Devon Live


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@ THE ART OF PROCUREMENT

Podcast: 142: Is “Best-in-Class” Procurement a Fallacy?

Blog: Against the Odds: Four Keys to Procurement Outsourcing Success

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.