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Latest episodes from Global Sourcing Insights

Professionalising procurement, part 1: recognition as a value driver

Play Episode Listen Later May 27, 2025 32:58


In this CIPS Futures podcast mini-series brought to you by the CIPS ANZ team, CIPS Australia & New Zealand general manager Charlotte Payne hosts Julia Pickworth and Richard Windeyer, co-heads of the Australian Public Service Commission's Procurement and Contract Management (PCM) Profession, launched in 2024. What is the PCM Profession and why now? How will the initiative drive capability to accelerate the professionalisation of the workforce? And what is Julia and Richard's vision for the future of Australian procurement and contract management professionals? Plus, ever thought of buying submarines and robots? Public sector procurement might be the place for you... Further reading: About the Australian Public Service Commission's Procurement and Contract Management Profession CIPS welcomes the announcement of Procurement and Contract Management as a professional stream CIPS ANZ regional hub Make CIPS your career companion - become a member  

Trump's tariffs, global trade and what all this means for procurement and supply

Play Episode Listen Later Apr 30, 2025 32:39


"This is VUCA on steroids." The Trump administration's constantly-changing US tariffs are wreaking havoc on the markets – and on procurement professionals' planning. To find out what it means and how you can mitigate the risks, we speak to CIPS global economist, Dr John Glen. Could the turmoil forge fresh connections between the UK and EU post Brexit? Will we see opportunities in emerging markets in Africa and South America? John explains the fundamentals of tariffs and answers your burning questions in this special edition of the podcast. Further reading: Join the discussion thread on the CIPS Community platform Dr John Glen's analysis of the CIPS Pulse Q1 2025 results Watch Dr John Glen speaking to international media outlets about supply chain disruptions CBS article: "Walmart, Target CEOs privately warned Trump tariffs could lead to empty shelves soon" CIPS resources and events: CIPS Global State of Procurement & Supply  CIPS Futures Conference - London, 1 July

Get to know your CEO: what's next for CIPS and the profession

Play Episode Listen Later Apr 7, 2025 40:40


CIPS CEO Ben Farrell reflects on his first 100 days in the role. After connecting with the global CIPS community across the world, Ben unveils his exciting vision for the future of CIPS and the wider profession. His message: today's procurement and supply professionals are tomorrow's business leaders.   Plus, hear Ben's thoughts on the transformational impact AI is having on procurement; the role CIPS must play in amplifying global best practice; and leadership lessons from his time serving in the British army and leading John Lewis' pandemic response. Further reading: Ben Farrell shares his insights from conversations with CIPS members in the Asia Pacific region The CIPS Foundation Watch: CEO Ben Farrell shares his vision for CIPS  

Overcome imposter syndrome and be curious to free your potential

Play Episode Listen Later Mar 3, 2025 36:55


To celebrate International Women's Day 2025, we hear from two inspiring female procurement leaders. Lauren Feery, group procurement director of global packaging company DS Smith, shares why curiosity and speaking up are valuable tools in your career arsenal. Plus, you might have more in common with David Bowie than you think… Executive coach, CIPS trustee and ex-procurement and sustainability leader Juliet Sotnick reveals the common signs of imposter syndrome and offers five ways to overcome it. Additional links and further reading: International Women's Day CIPS Global voices: Inspirational women in procurement and supply

Unlocking procurement superpowers: how diverse skills and inclusive practices can drive team success

Play Episode Listen Later Feb 3, 2025 24:42


Findings from the CIPS Procurement & Supply Salary Guide 2024, supported by Hays, showed hiring procurement and supply talent remains a critical challenge globally. So, how can you think differently to recruit and develop a well-rounded and capable team?  Dave Jones, Head of Procurement – IT & Digital, Virgin Media & O2; and Dan Robertson, Global MD, Fairer Consulting, discuss the positive impact an inclusive culture has for recruitment, retention and talent development. Plus, why diverse skills and perspectives set your procurement function apart to drive future success.  The CIPS Procurement & Supply Salary Survey 2025 is now live! Share your views on inclusive practices and other important areas to contribute to this year's findings. Just follow the link below: Take the CIPS Procurement & Salary Survey 2025, supported by Hays, here >> To find out more about the 2024 findings at the CIPS Salary Guide hub, use the Salary Calculator, or explore the findings on ED&I in procurement and supply, follow the links below: Salary guide hub  Driving equality, diversity and inclusion: time to make this a priority  

Procurement's great enabler: unlocking potential with AI and digital technology

Play Episode Listen Later Dec 9, 2024 36:41


How do you build capacity within your procurement function to deliver the value now expected? Sebastien Bals, CPO at Merck Group, reveals how his team is using digital solutions and AI at scale to create new ways of working, enable process orchestration and meet the pharmaceutical and technology giant's wider sustainability goals.  Further reading: CIPS Sustainable Procurement Pioneers - 30 innovators shaping the future of sustainable procurement CIPS AI in Procurement and Supply Report - How automation will change your career and the function, supported by Posterity Global

Procurement Act, part 4: opening up public sector procurement

Play Episode Listen Later Nov 15, 2024 22:37


Good procurement is not just about initial cost, but also about whole life value. The Procurement Act has been designed to transform procurement and create engaging, competitive and open marketplaces, says the UK's Cabinet Office. Rebecca Rees and Alan Heron explore the mechanisms that have been put in place to enable practitioners to create more competition and flexibility in their procurement processes. Will new skills be required of practitioners to take full advantage of the opportunities?  Plus, hear Rebecca and Alan's final thoughts on the expected impact of the Procurement Act 2023 once it goes live in February 2025. Further reading: An Essential Guide to the Procurement Act 2023, from Procurement Hub Procurement Act guidance documents from the Cabinet Office What is Public Sector Procurement? Procurement Hub Looking to further your understanding of UK Public Procurement? The CIPS Masterclass in UK Public Procurement two day course is designed to provide participants with a comprehensive understanding of the EU's public procurement regulations, as well as the new UK regulations coming into force in 2025.  Book your place onto the CIPS Masterclass in UK Public Procurement course here This mini-series is brought to you by the Chartered Institute of Procurement & Supply (CIPS) in partnership with the Procurement Hub, part of Places for People. 

Procurement Act, part 3: building a culture of integrity

Play Episode Listen Later Nov 8, 2024 14:45


With around £300 billion a year spent on public sector procurement each year, professionalism and integrity are essential characteristics of good procurement officers. How is this being addressed in the new Procurement Act? Will the new regulations drive further use of framework providers? And, how will the debarment list of suppliers work in practice? Rebecca Rees and Alan Heron help unravel these very questions for you on episode three of the CIPS Preparing for the Procurement Act podcast series.  Further reading: An Essential Guide to the Procurement Act 2023, from Procurement Hub Procurement Act guidance documents from the Cabinet Office What is Public Sector Procurement? Procurement Hub Looking to further your understanding of UK Public Procurement? The CIPS Masterclass in UK Public Procurement two day course is designed to provide participants with a comprehensive understanding of the EU's public procurement regulations, as well as the new UK regulations coming into force in 2025.  Book your place onto the CIPS Masterclass in UK Public Procurement course here This mini-series is brought to you by the Chartered Institute of Procurement & Supply (CIPS) in partnership with the Procurement Hub, part of Places for People. 

Procurement Act, part 2: the requirement for transparency

Play Episode Listen Later Nov 1, 2024 16:36


Transparency is 'hard baked' throughout the Procurement Act, but what does this mean in practice? Episode two of the CIPS Preparing for the Procurement Act series focuses on the new notice requirements, the resulting practical implications for contracting authorities and how you can prepare for the changes.   Rebecca Rees, partner and head of public procurement at Trowers & Hamlins joins the Procurement Hub's Alan Heron to provide you with an expert perspective.  Further reading: An Essential Guide to the Procurement Act 2023, from Procurement Hub Procurement Act guidance documents from the Cabinet Office What is Public Sector Procurement? Procurement Hub Looking to further your understanding of UK Public Procurement? The CIPS Masterclass in UK Public Procurement two day course is designed to provide participants with a comprehensive understanding of the EU's public procurement regulations, as well as the new UK regulations coming into force in 2025.  Book your place onto the CIPS Masterclass in UK Public Procurement course here This mini-series is brought to you by the Chartered Institute of Procurement & Supply (CIPS) in partnership with the Procurement Hub, part of Places for People. 

Procurement Act, part 1: how we got here

Play Episode Listen Later Oct 25, 2024 28:57


A new CIPS Futures Podcast mini-series to help UK public sector practitioners and suppliers prepare for the incoming Procurement Act. Lindsay Maguire, deputy director for procurement reform at the Cabinet Office shares the motivations behind the new Act, the opportunities it will create for public sector practitioners and the long term ambitions for public procurement.  Plus, the Procurement Hub's Alan Heron offers a practitioner's perspective.  Further reading: An Essential Guide to the Procurement Act 2023, from Procurement Hub Procurement Act guidance documents from the Cabinet Office What is Public Sector Procurement? Procurement Hub Looking to further your understanding of UK Public Procurement? The CIPS Masterclass in UK Public Procurement two day course is designed to provide participants with a comprehensive understanding of the EU's public procurement regulations, as well as the new UK regulations coming into force in 2025.  Book your place onto the CIPS Masterclass in UK Public Procurement course here This mini-series is brought to you by the Chartered Institute of Procurement & Supply (CIPS) in partnership with the Procurement Hub, part of Places for People. 

Uncovering corruption in procurement: red flags and remedies

Play Episode Listen Later Oct 21, 2024 24:54


What are the telltale signs of corruption? Lenushka Parannath MCIPS explains what red flags to watch out for. And shares how to take control of the procurement process to avoid becoming a 'mailbox' between suppliers and the business – leaving the door open for corrupt deals. Plus, is a hierarchical structure to decision-making holding your function back? Mentioned in this podcast: CIPS Salary Guide hub, in partnership with Hays CIPS Code of Conduct Watch highlights from the 2024 CIPS Excellence in Procurement & Supply Awards

Time for new risk management strategies? Building resilience in an age of relentless change

Play Episode Listen Later Oct 2, 2024 31:38


Geopolitical risk consultant and author of Zero Sum Charles Hecker has an uncompromising message for procurement and supply chain professionals: geopolitics is now in your job spec. Borders are returning and "there is nothing to get used to anymore". So, how do practitioners and businesses respond?  Additional reading: CIPS Global State of Procurement & Supply 2024, supported by GEP Zero Sum: The Arc of International Business in Russia, Charles Hecker CIPS Risk & Resilience webinar series - Sessions available to watch on-demand

Procurement leadership 101: How to be an agent of change and value

Play Episode Listen Later Aug 26, 2024 31:14


A revealing interview with CIPS MENA Leader of the Year, Sulaiman Abdullah, director at the UAE Federal Tax Authority. What are the traits of a successful leader? How do you use influence to drive change? And, is it time procurement had a rebrand…?

Driving positive social change through procurement - the Nationwide story

Play Episode Listen Later Jul 29, 2024 29:20


Why should social value be at the heart of a cost transformation programme? How can you find and engage social enterprises? And, is it possible to drive positive social change through your supply chain in the highly regulated financial industry? Laura Faulkner FCIPS, of the market-leading UK mutual building society Nationwide, has the answers in this special episode of Futures recorded live at the CIPS Procurement & Supply Futures Conference in London.  Find out more about the Nationwide Oakfield Community Housing Project Find out more about Social Enterprise UK

"It's our job to sell this profession": how to attract and retain the best procurement talent

Play Episode Listen Later Jul 2, 2024 29:56


Stephen Day, chief procurement officer at Kantar, is on a mission to bring a new, diverse generation into procurement. He's calling on other procurement and supply leaders to join him in breaking traditional recruitment cycles to create a truly accessible profession fit for the future.

Eliminating waste: the secrets of lean management for procurement

Play Episode Listen Later May 23, 2024 32:36


Step into the world of lean management as Professor Danny Samson from the University of Melbourne explains how you can reenergise your procurement function by adopting lean principles. Where can you find wasteful processes holding you back? Why do most companies fail in implementing lean principles? How does technology play a role in success?

Why (and how) procurement must think differently to drive sustainability performance

Play Episode Listen Later Apr 22, 2024 34:47


How can you think differently to build better supply chain relationships? Why do we need a culture shift to really embed meaningful change? What does the 'broken windows' theory have to do with sustainable procurement? George Mosey and Rossella Nicolin from global construction firm, Laing O'Rourke, delve into this critical subject.

Creating a world-class procurement function: Anna Spinelli, DHL

Play Episode Listen Later Mar 25, 2024 25:42


DHL's chief procurement officer and head of mobility on transforming a 700-strong global team to world-class standards. Plus: electric planes, anyone? 

Women in leadership: Embedding gender equality into procurement and supply

Play Episode Listen Later Mar 4, 2024 43:19


In the third episode of CIPS Futures we hear from CIPS' own Alison Barto, chair of our global board of trustees and chief partnership officer at Carbonaires, and Jane Wagner, assistant secretary of the Vaccine Supply Management Branch at the Australian Department of Health. Leaders in their field, Alison and Jane share their personal career journeys, offer advice on leadership and discuss what it takes to carve out a successful career. We also explore the importance of global initiatives like International Women's Day, and how to build a strong talent pipeline for the profession – with equality, diversity and inclusivity at its core. Find out more: International Women's Day CIPS

‘Don't wait for the data': Sustainability priorities for the procurement and supply professional

Play Episode Listen Later Jan 26, 2024 34:54


How can procurement and supply professionals tackle the sustainability challenges facing them today? In this episode, Oliver Hurrey, Sustainability Procurement Pledge champion, discusses everything from Scope 3 emissions and incoming legislation to value chain collaboration and carbon reporting mechanisms. His message? Act now, don't delay.

Procurement and sustainability: our role in combating climate change

Play Episode Listen Later Dec 13, 2023 31:34


A revealing conversation with Amanda Davies, chief procurement and sustainability officer, Mars Wrigley

Commodities Gone Crazy: A Spend Friends Conversation with Lisa Reisman

Play Episode Listen Later Sep 22, 2021 35:39


CEO of MetalMiner, Lisa Reisman describes the warning signs of risks in commodities markets and the current conflicts between the need to secure raw material and meeting cost targets. A conversation on Spend Friends with Spend Matters Pierre Mitchell and CIPS Americas Bill Michels.

The CV-19 Supply Nightmare – Force Majeure

Play Episode Listen Later Apr 13, 2020 21:55


“Force majeure” has become the phrase of the moment for supply managers around the globe. It would be hard to find a more fitting example of force majeure than the coronavirus of 2019. Supply management contract lawyer and CIPS educator, Mark Grieco explains what is and is not force majeure and provides tips for managing supplier contracts now and writing new ones in the post-virus future.

The CV-19 Supply Nightmare – Europe

Play Episode Listen Later Mar 30, 2020 20:37


It did not take long for the unique coronavirus to jump from Asia to Europe, endangering public health and collapsing supply chains, especially in the manufacturing hubs of Germany. Munich-based risk management consultant and founder of riskmethods, Heiko Schwarz, offers insights from a vantage point several weeks ahead of the current curve in the U.S.

Medicine for Africa – A Supply Chain Challenge

Play Episode Listen Later Mar 23, 2020 19:26


The world is learning from a pandemic about shortages in medical supplies – a condition that people on the continent of Africa know all too well. Name a supply chain challenge and you will find it in abundance in Africa. CIPS Group Director Duncan Brock describes the progress CIPS is making with the Gates Foundation to improve procurement of medical supplies in three countries of southern Africa.

The Coronavirus Supply Nightmare – Vitex Pharma

Play Episode Listen Later Mar 15, 2020 24:57


Before she heard news media reports about coronavirus, Lucie Chami, CPO at Vitex Pharmaceuticals in Australia learned one of her suppliers had a “medical problem” delaying production. Within days she was in the thick of a procurement crises. Lucie tells her story in this edition of Global Sourcing Insights from CIPS, and Seshagopal Kannan, a Beroe, Inc. consultant in Bangladore, India joins in. Kannan leads the crisis management analysis of this coronavirus for his firm.

Sourcing Challenges in the Middle East

Play Episode Listen Later Mar 11, 2020 21:32


Imagine managing a supply chain where you might have to change sources literally overnight because of violence, sanctions or other crises. To supply managers in the Middle East, it’s nothing new. CIPS Manager, Middle East and North Africa, Sam Achampong describes the challenges and opportunities of procurement in a region defined by stark contrasts.

Lessons from the Grenfell Tower Disaster

Play Episode Listen Later Mar 4, 2020 18:00


On a summer night in June of 2017, a fire broke out in the 24-story Grenfell Tower apartment building in West London. 72 people died, and more than 70 others were injured. It was the deadliest structural fire in the United Kingdom in nearly 30 years. Inquiries found that poor purchasing skills contributed to the disaster. CIPS Group Director, Duncan Brock led a working group that recommended changes in both practices and culture to prevent future tragedies like the one at Grenfell Tower.

CSR Leadership: A Podcast with Walgreens Boots Alliance CPO Jim Townsend

Play Episode Listen Later Oct 10, 2019 19:30


Walgreens Boots Alliance CPO Jim Townsend says he is generally uncomfortable with the status quo, so he has been a change agent through much of his career. That’s one reason why he is on the CIPS Procurement Power list this year. One of his focuses currently is corporate social responsibility, which he sees as a foundation for success for any company – and especially one that is dedicated to wellness.Townsend describes how CSR drives his organization and even helps him recruit talent.

What It Pays to Know in Procurement

Play Episode Listen Later Sep 17, 2019 18:01


What you don’t know can, in fact hurt you. Or at least hold you back in your career. Listen to hear what the CIPS and Hays Procurement 2019 Salary Survey says about your skills and your pay.Then take the 2020 Salary Survey to help you and other professionals plan their careers.Click to open the survey. 

Cloud Technology Tops Digital Investments for Procurement

Play Episode Listen Later Sep 10, 2019 20:19


Supply managers favor cloud applications among all the investments they could make in digital technologies – according to a digitalization survey conducted by CIPS and the University of Melbourne. In this podcast, CIPS Knowledge Manager Sheena Donaldson and CIPS VP Operations for the Americas Bill Michels describe what's driving investments in digital technologies and what is inhibiting some corporations from adopting more. Use this link to read or download the full report.CIPS wants to hear how you are using digital technologies in your procurement operations. Help us by taking our follow-up survey using this link. Participants will get an early release of the results when they are tabulated.

Are You Ready for Supply Chain Boot Camp?

Play Episode Listen Later Aug 27, 2019 11:56


When the going is tough maybe it's time to make it tougher, with an intense three or five-day boot camp to sharpen the skills of your supply management organization. Perhaps your company is launching a new line of business, has had an influx of less-experienced buyers or an acquisition or re-organization that requires a new blending of talent. Boot camp gives your team time to focus uninterrupted on a specific curriculum at the same time and place.

Global Supply Chain or Manufacturing Matrix?

Play Episode Listen Later Aug 16, 2019 12:13


Trade wars and other factors are changing the way CPOs are thinking about global sourcing. The simple math of calculating labor, capital and logistics costs has become much more complicated. Are we moving away from supply chains toward manufacturing matrixes?

The Brexit Headache

Play Episode Listen Later Jul 24, 2019 13:30


When the United Kingdom leaves the European Union on October 31 2019- How might it affect U.S Businesses with ties to Great Britain and Europe?CIPS economist and Visiting Fellow at Cranfield School of Management, John Glen provides his insights on the subject.Podcast runs 13:00

The China Sourcing Syndrome

Play Episode Listen Later Jul 9, 2019 23:10


U.S.-China trade animosities are sending shock waves through supply chains, but CIPS VP Operations - Americas Bill Michels says the migration away from sourcing from China is not new. Michels describes how companies should prepare for tariff, or other potential disruptions in their supply chains.Podcast runs 23:13

Ethical Issues Run Broad and Deep

Play Episode Listen Later Jul 9, 2019 19:24


How well are you monitoring the ethics of your own procurement operations, and are you at risk because of potential lapses in the ethics of your suppliers? Bill Michels describes where the risks may lie and how to address them.Podcast runs 19:26

What Your CEO Wants to Hear -- Is not what you think

Play Episode Listen Later Jul 8, 2019 14:44


You may be proud of your command of “procurish” -- the everyday jargon of procurement and supply management, but CIPS VP Operations - Americas Bill Michels says that the C-suite executives in your organization want to hear how your work is going to create new business opportunities, manage risk and bring innovations to the company.Podcast runs 15:40

Where Did That Come From, Really?

Play Episode Listen Later Jul 3, 2019 19:37


Restaurants are jumping on the Farm to Table movement, proudly announcing where the chickens for your waffle ranged and the hops for your beer grew.Smart supply managers are taking on similar exercises, mapping their supply chains to address questions of risk, sustainability, and social responsibility. CIPS VP Operations - Americas Bill Michels says it’s not as easy as it sounds.Podcast runs 19:38

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