Procurement 6 is a short podcast from Art of Procurement that publishes in the Art of Procurement feed every Friday morning at 6am US Eastern Time.

Presented by a member of the Art of Procurement team, each episode has 6 short segments that summarize the week in procurement.

Segments range from procurement tips to podcast summaries, from details of events to news or overviews of blog posts that capture our attention.

“If you think of it simplistically, orchestration is a whole art form. You have to learn what it all means. But in so many words, it is nothing else than acting as if it is your own company. How cool is that?” - Elisabeth Schlag-Lawrence, SVP, Head of Procurement Governance and Enabling, Bayer

When procurement is decentralized, it is difficult to achieve the visibility they need to proactively manage risk and compliance, identify savings, and create value and opportunity for the business.

In this episode, Philip Ideson welcomes a heavy-hitting panel of Fortune 500 procurement leaders to discuss how procurement orchestration can help create optimal digital experiences across the organization and level-up procurement’s tech stack.

He is joined by Elisabeth Schlag-Lawrence, SVP, Head of Procurement Governance and Enabling at Bayer; Chris Vessey, Executive Director, Global Product Strategy & Transformation at Goldman Sachs; Shachi Rai Gupta, Global Head of Strategy, Intelligence and Digital Transformation at Bristol Myers Squibb; and Lance Younger, CEO of ProcureTech.

They discuss:

• How global procurement leaders define modern-day procurement orchestration in a highly decentralized and digitized landscape and the difference it can make to an organization
• Snapshots of what a journey towards successful procurement orchestration looks like for a Fortune 500 company, and the challenges they may need to overcome along the way
• How procurement leaders can secure buy-in for an orchestration “revolution” in the business and the steps they should take to launch it once they have that support

Links:

• Subscribe to This Week in Procurement
• Elisabeth Schlag-Lawrence on LinkedIn
• Chris Vessey on LinkedIn
• Shachi Rai Gupta on LinkedIn
• Lance Younger on LinkedIn

Procurement 6 is a short podcast from Art of Procurement that publishes in the Art of Procurement feed every Friday morning at 6am US Eastern Time.

Presented by a member of the Art of Procurement team, each episode has 6 short segments that summarize the week in procurement.

Segments range from procurement tips to podcast summaries, from details of events to news or overviews of blog posts that capture our attention.