A CPO's First 100 Days SeriesAOP PodcastTechnology

278: A CPO’s First 100 Days – Leveraging New Procurement Technology w/ Peter Wetherill

By October 24, 2019 No Comments

“We really need to get back to basics and think of technology as one aspect of the system. A system contains many things. It contains people, it contains technology, it contains content. All of those things need to solve a problem. It takes a while to understand what are the best problems to solve and where the right system can add the most value.”

You have just been appointed to a new CPO position. Your executive leadership team is looking at you to make an immediate impact while setting up procurement as a driver of sustainable, long term value. You know that your first 100 days in the role may make or break your career. What do you do? Where do you start? 

In this special 5-part series, made possible through a partnership with Efficio, we will provide you with the roadmap you need to hit the ground running. 

In this fourth episode of the series, I spoke with Peter Wetherill, a Principal at Efficio, about where to start with the new technology that you are expecting enable your elevated procurement value proposition.

In addition, Peter and I discussed:

  • The legacy of wasted time and resources associated with technology implementations
  • How important procurement’s technical ‘literacy’ is to the realization of post-implementation ROI
  • Where to begin in a non-digital procurement organization
  • How to evaluate technology that is already in place

Subscribe to Art of Procurement

Apple | Stitcher | iHeart Radio | Email

Links & Resources

The team at Efficio have just published a major research study, called ‘The Human Factor: Strategic procurement and the leaders of tomorrow’, which they developed in cooperation with the Cranfield School of Management.

The research explores how a more tech-savvy, collaborative and strategically-minded future procurement workforce will ultimately require a reshape of organisational design, and serve as a driving force of transformational change alongside procurement technology. 

Download your copy here

Philip Ideson

About Philip Ideson

Philip founded Art of Procurement in 2015 as a way to empower procurement professionals at all levels to deliver change with confidence; whether from the inspiration of the popular weekly podcast that he hosts, or with targeted solution offerings that guide clients on their journey to transform the impact of procurement.