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#15: Beyond the Dotted Line: Navigating Risks in S2C, P2P, and SRM
Is your pursuit of "speed" creating a financial ticking time bomb?
In this episode of The Procurement Signal, we’re stripping away the idea that procurement is just "procedural compliance".
Whether you are a seasoned pro or just starting out, you likely spend your days in one of the three major processes: Source to Contract (S2C), Procure to Pay (P2P), or Supplier Relationship Management (SRM). But are you aware of the threats lurking in each?
What we cover in this episode:- S2C & The Bias Trap: How the rush for "Time to Market" can lead to skipped audits, vendor capacity meltdowns, and why a signed contract is only as good as the due diligence behind it.
- P2P & The Liquidity Crisis: Why bypassing "boring" system circuit breakers can lead to a warehouse full of dead stock and a depleted bank account (even when you think you’re moving "fast").
- SRM & common myths associated with it: Why your smallest spend might be your biggest risk.
- From Buyer to Guardian: Redefining the role of procurement. Hint: The business owns the relationship, but you own the value.
If you’ve ever felt like your processes were just red tape, this episode will change your perspective on how you protect your company’s bottom line every single day.
Our website: www.procurementsignal.com
Check out the book, Rewire Procurement - https://amzn.asia/d/08kJB3rt
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By Leroy LoboIs your pursuit of "speed" creating a financial ticking time bomb?
In this episode of The Procurement Signal, we’re stripping away the idea that procurement is just "procedural compliance".
Whether you are a seasoned pro or just starting out, you likely spend your days in one of the three major processes: Source to Contract (S2C), Procure to Pay (P2P), or Supplier Relationship Management (SRM). But are you aware of the threats lurking in each?
What we cover in this episode:- S2C & The Bias Trap: How the rush for "Time to Market" can lead to skipped audits, vendor capacity meltdowns, and why a signed contract is only as good as the due diligence behind it.
- P2P & The Liquidity Crisis: Why bypassing "boring" system circuit breakers can lead to a warehouse full of dead stock and a depleted bank account (even when you think you’re moving "fast").
- SRM & common myths associated with it: Why your smallest spend might be your biggest risk.
- From Buyer to Guardian: Redefining the role of procurement. Hint: The business owns the relationship, but you own the value.
If you’ve ever felt like your processes were just red tape, this episode will change your perspective on how you protect your company’s bottom line every single day.
Our website: www.procurementsignal.com
Check out the book, Rewire Procurement - https://amzn.asia/d/08kJB3rt