Unlocking Hidden Value: Strategies for Effective Tail Spend Management in Procurement featuring Matt Kruse of ProcureAbility

In this episode, Dawn Tiura of SIG and Matt Kruse of ProcureAbility explore the often-overlooked concept of tail spend in procurement—discussing its impact, inherent challenges, and the best practices for managing it effectively. They dive into the risks tied to unmanaged tail spend, emphasizing the crucial role of data visibility and analysis in addressing these issues. By sharing real-world examples, they illustrate how successful tail spend management can drive cost savings and reduce procurement risks. The conversation highlights the importance of a strategic, collaborative, and continuously monitored approach to optimize procurement and unlock hidden value.

In this podcast episode, Dawn Tiura of SIG interviews Thejo Kote of Airbase. Airbase provides a secure-to-pay solution that combines enterprise-grade power with a user-friendly interface while addressing the inefficiencies in accounting and finance processes for small to mid-sized companies. Airbase aims to transform and streamline the procure-to-pay process, ensuring smarter spending and better compliance. The solution differs from traditional enterprise options by offering agility, a lower price point, and easier implementation. It integrates procurement workflows with expense management and accounts payable automation, providing a comprehensive view of spending and improving efficiency. A well-run procurement process can have a significant impact on a company's success by optimizing spending decisions and driving profitability.

In this podcast episode, Dawn Tiura of SIG and Joey Lombardi of Evernorth preview his upcoming 2024 GES session, “Conquering Software Catalogs: Unlocking Cost and Time Savings.”  They discuss his expertise in software catalogs and the evolution of Evernorth. They explore the benefits of implementing software catalogs for governance and supplier relationships, as well as the complexities of navigating contracts in technology procurement. To hear more, join us on Tuesday, October 8th at 3:15pm at the Omni Rancho Las Palmas Resort and Spa in Palm Springs, CA.

"In this podcast, Dawn Tiura of SIG and Paul Vincent of Randstad Sourceright preview the upcoming session, 'Do Your Stakeholders View You as a Procure-peneur or a Procure-aucrat?”, featuring Deb Valentine and Cristina Burgess of Randstad along with Erin Mahoney-Gallagher of Acadian, taking place on October 9th at the 2024 Global Executive Summit in Palm Springs, CA. They delve into the evolving role of procurement professionals and discuss how they can transition from being seen as policy enforcers to becoming true business partners. The conversation highlights the importance of mindset, language, and strategies that can help procurement professionals deliver greater value to their organizations. Tune in for more insights and join us on October 9th at the Omni Rancho Las Palmas in Palm Springs, CA." 

In this episode, Dawn Tiura, CEO of SIG, chats with Brian Kyle of the American Cancer Society and Rudy Lim from the Bill & Melinda Gates Foundation about their upcoming session at the 2024 Fall Global Executive Summit. They delve into the unique challenges and opportunities of the source-to-pay (STP) process in nonprofit organizations, highlighting the key differences between nonprofit and for-profit entities in areas like sourcing, vendor management, and aligning procurement with mission-driven goals. Be sure to catch Rudy and Brian's session on Tuesday, October 8th, at the Omni Rancho Las Palmas Resort & Spa in Palm Springs, CA!

In this podcast episode, Dawn Tiura of SIG interviews Nathan Haydn-Myer, the Chief Procurement Officer for VSP Vision. Nathan gives a sneak peek into his upcoming general session taking place on October 8th at the Omni Rancho Las Palmas Resort and Spa in Palm Desert, CA. They discuss the importance of earning a seat at the table rather than asking for it. Nathan emphasizes the need for procurement professionals to focus on bringing value to their stakeholders and understanding their needs. They also discuss the power of influence and the role of procurement in driving real change within an organization. Nathan shares his experience in transforming the perception of procurement and earning the respect of business partners. Join Nathan Haydn-Myer on October 8th at the 2024 Fall Global Executive Summit.

In this podcast episode, Dawn Tiura interviews Sarah Scudder about her upcoming workshop, "How to Build Your Brand and Bullet Proof Your Career Using LinkedIn," taking place at the Global Executive Summit on October 7th in Palm Desert, CA.  Sarah shares her expertise on how to optimize your LinkedIn profile, create engaging content, and leverage the platform to generate business and career opportunities. She emphasizes the importance of having a clear messaging pillar and personal storytelling in your content. Join Sarah Scudder on October 7th at the Omni Rancho Las Palmas Resort and Spa in Palm Desert, CA.

In this podcast episode, Susan Walsh, known as the Classification Guru, offers a preview of her upcoming workshop, The Dirty Spend Data Clinic, which takes place at the Global Executive Summit on October 7th in Palm Desert, CA.  She delves into the critical role of clean and accurate data in procurement. Susan identifies common issues like duplicate suppliers, incorrect categorizations, typos, and discrepancies in language and unit measurements, all of which can hinder effective procurement processes. She stresses the importance of everyone in the procurement chain, from assistants to CPOs, being aware of and addressing dirty data. Make sure to join Susan Walsh at the Omni Rancho Las Palmas Resort and Spa on October 7th.

In this podcast interview, Dawn Tiura sits down with Amanda Prochaska of Wonder Services to discuss her upcoming workshop at the Global Executive Summit on Monday, October 7th, in Palm Desert, CA. Amanda explores the Alice methodology and its significance in navigating change using neuroscience. The methodology emphasizes using energy wisely while leading change and applying brain science to the change journey. This training helps executives understand how the brain functions and how to exhibit the right behaviors to drive change. The workshop aims to provide a common understanding and vocabulary for effectively guiding people through change. Join Amanda Prochaska on October 7th at the Omni Rancho Las Palmas Resort and Spa in Palm Desert CA, to learn more!

In this podcast episode, Dawn Tiura sits down with John Sitilides, principal at Trilogy Advisors, LLC, and a national security senior fellow, to discuss his upcoming keynote presentation at the Global Executive Summit on Wednesday, October 9th, at the Omni Rancho Las Palmas Resort in Palm Springs, CA. John previews the critical themes of his keynote, focusing on the impact of geopolitical risks on global supply chains and strategic procurement planning. He delves into how factors such as territorial disputes and conflicts can disrupt supply chains and shipping lanes, with significant consequences for the global economy. The conversation also explores the challenges of transitioning to net-zero carbon emissions, the complexities of the global energy market, and concludes with an insightful discussion on the ongoing conflict between Russia and Ukraine, including the potential implications of Ukraine joining NATO.