70: Procurement in Financial Services

Jonathan and Paul discuss how we can use AI today and the technology that is available to us all right now.  They also talk about how to make procurement exceptional, drive competitive advantage and how to future proof procurement whilst also staying ahead.  That’s a lot to discuss!  Or should we say, that’s a lot to CHAT about…!Brought to you by Positive Purchasing.See how Positive Purchasing can help you unlock breakthrough results with Category ManagementProduced by Fresh Air Studios, ADR and Video Studios for Devon & Cornwall.

What if there was an AI product called Commercial Intelligence that could predict the future for your business and its procurement team?  Fortunately, there is such a thing!  One of the people behind it, Co-Founder and CRO of Cotiss, Harry Wilde is here to talk about it.  So, now Jonathan and Paul can put away their crystal balls.Brought to you by Positive PurchasingTransform how your teams work with an integrated suite of digital procurement platforms and tools from Positive PurchasingProduced by Fresh Air Studios, Podcasting & ADR Studios in Plymouth

Procurement is everywhere.  One area you have probably never considered when it comes to procurement is the world of nuclear energy.  In many ways it’s totally unique and in other ways there’s something we can all learn from someone who knows all about it.  That person is CPO of Urenco – one of the world’s leading suppliers of nuclear fuel enrichment services – Tony Roberts. Brought to you by Positive PurchasingProduced by Fresh Air Studios - business podcast production.

We all want paying – apart from Jonathan and Paul who record this podcast for love.  So, why do those in procurement consider payment a trivial, transactional thing?  Who better to throw the spotlight on this matter than co-founder of Calculum – a supply chain financing company – Oliver Belin.  Now, make sure you do pay … attention.Brought to you by Positive PurchasingTransform how your teams work with an integrated suite of digital procurement platforms and tools from Positive PurchasingProduced by Fresh Air Studios, Podcasting & ADR Studios in Plymouth

When looking at procurement in the financial services, it’s best to have not only someone who transformed the JP Morgan Chase’s procurement by implementing category management, but also someone who is currently CPO of Nationwide – as US-based insurance and financial services provider. That means it can only be Joseph Heynoski.Brought to you by Positive Purchasing, Procurement Training ExpertsProduced by Fresh Air Studios, Video Podcast Production Nationwide

What is behind getting good supplier data and intelligence?  That’s a good question!  So, Jonathan and Paul are asking that very question to the CEO of Craft, Ilya Levtov.  He set up Craft in order to solve the problem of looking up information about companies, so he has all the information about finding information!Brought to you by Positive PurchasingTransform how your teams work with an integrated suite of digital procurement platforms and tools from Positive PurchasingProduced by Fresh Air Studios, Podcasting & ADR Studios in Plymouth

We all need clean data.  But did you know that if we don’t have good clean data, we don’t have AI!  To help keep Jonathan and Paul clean is a man who has emerged from the dark side of sales and is now a Managing Partner with ProcureVue.  They specialise in analysing spend data within companies.  It’s Andy Symmonds.Brought to you by Positive PurchasingDiscover how Positive Purchasing can help you embed sustainability across your supply base with our Sustainable Procurement programProduced by Fresh Air Studios, Podcast Studios in Devon

Innovation is the key to survival, but why are so many in the Procurement World so bad at it?  Seeing as Jonathan and Paul are so funny, they decided to speak to someone that isn’t in the Procurement World … but is a comedy writer who also helps businesses rethink what they do in order to turn themselves around.  He’s also the CEO and founder of Brilliant-Thinking.com and he’s Felix Riley!Brought to you by Positive Purchasing, Transformational Training for ProcurementProduced by Fresh Air Studios, Business Podcast Production around the UK

If a lot of companies are getting procurement tech wrong, why is that? What should they be doing? Where do they get this tech from? Who can help them implement it? Jonathan and Paul explore all these questions and more. To do this they need an expert! Who better than the former Global Director and Procurement Platform Tech Lead at AP Moller-Maersk, Adam Brown…!Brought to you by Positive Purchasing, Explore our range of training programs for procurement professionals.Produced by Fresh Air Studios, Business Media Production.

If you’re working in a growth sector, that comes with its own challenges, but what if you’re working in procurement in a growth sector? Does it mean you work differently? Does it mean that AI will have a greater effect on you? To answer all this and more, we have a guest making a rare second appearance on the Procurement Show! This time he’s Director of Procurement for At North. Although he is still Andreas Takacs.Brought to you by Positive Purchasing, Procurement Training Experts Produced by Fresh Air Studios, Video Podcast Production Nationwide