Digital Strategy Innovation SIG The Sourcing Industry Landscape

SIL Podcast: Driving Innovation Through Procurement w/ Dr. Marcell Vollmer

Welcome to the latest Sourcing Industry Landscape podcast, hosted by Dawn Tiura.

Dr. Marcell Vollmer joins SIG CEO and President Dawn Tiura on The Sourcing Industry Landscape to talk about his role as Chief Digital Officer of SAP Ariba.

Dr. Vollmer discusses his role as Chief Procurement Officer during SAP’s acquisition of Ariba and touches on the challenges and opportunities that occur during a major business integration.

Drawing from examples of leading companies that drive innovation through procurement, Dr. Vollmer says procurement must transform into a value-added function by focusing on the strategic tasks to drive hard savings, compliance and define future innovations and sustainable supply chains.

Key Takeaways:

  • Procurement has a seat at the innovation roundtable, but it must transform into a value-added function focusing on the strategic tasks for the business.
  • Innovation is a key element in the evolution of procurement, but procurement must leverage the close connections with suppliers to collaborate on ideas that will define future innovations.
  • As machine learning and artificial intelligence enhance the function of procurement, Dr. Vollmer identifies areas where CPOs can be a more strategic partner.

About the Guest:

As Chief Digital Officer and Senior Vice President at SAP Ariba, Dr. Vollmer works to develop, define and drive digitalization strategies for customers to help the world’s leading companies to digitalize their business, to run simple and to eliminate procurement and supply chain complexity.

About the Company:

SAP Ariba is the world’s largest business commerce network. SAP Ariba combines industry-leading cloud-based applications with the world’s largest Internet-based trading community to help companies discover and collaborate with a global network of partners. Using the Ariba® Network, businesses of all sizes can connect to their trading partners anywhere, at any time from any application or device to buy, sell and manage their cash more efficiently and effectively than ever before. Companies around the world use the Ariba Network to simplify inter-enterprise commerce and enhance the results that they deliver.

Links and Resources:

 

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.