Art of Procurement

853: From Pain Points to Progress: Medtronic's Procurement Evolution W/ Amit Saronwala and Jeremy Lappin


Listen Later

"Procurement is what you make of it. It can be a bargain basement function at some firms, but it's also becoming more strategic. We have to take a more holistic, integrated view of things and try to understand the big business problems we can help solve and then offer a business solution, not just a procurement solution." – Amit Saronwala, VP, Global Indirect Supply Management, Medtronic

Procurement leaders in healthcare are feeling the heat: innovation cycles are tightening, supplier bases are vast, and new pressures on cost and cash flow are here to stay. So how do you build more agile, high-performing procurement teams without adding complexity or burning out your people?

In this episode, Philip Ideson speaks with Amit Saronwala, VP of Global Indirect Supply Management at Medtronic, and Jeremy Lappin, CEO of Candex. Amit draws from his clinical experience and deep commercial expertise to share how Medtronic is recasting procurement's role by focusing on smarter supplier segmentation, business-centric metrics, and technology that makes friction disappear. Jeremy adds perspective from supporting global procurement teams at scale, revealing where automation and analytics can create breathing room for strategic work.

This conversation takes a candid look at how one of healthcare's biggest names is making indirect procurement a critical lever for business value and what it takes to bring suppliers and stakeholders on the journey.

In this episode, Amit and Jeremy discuss how procurement can:

  • Set a clear line for strategic vs. transactional suppliers… and stick to it
  • Speak "business" (not just "procurement") to increase influence with stakeholders
  • Automate low-risk, high-volume purchases to free up valuable talent
  • Choose tools that require little or no change management for smoother adoption
  • Redefine procurement's core skillset for the next five years

Links:

  • Amit Saronwala on LinkedIn
  • Jeremy Lappin on LinkedIn
  • Subscribe to This Week in Procurement
  • Subscribe to Art of Procurement on YouTube

...more
View all episodesView all episodes
Download on the App Store

Art of ProcurementBy Philip Ideson

  • 4.8
  • 4.8
  • 4.8
  • 4.8
  • 4.8

4.8

63 ratings


More shows like Art of Procurement

View all
WSJ What’s News by The Wall Street Journal

WSJ What’s News

4,380 Listeners

The McKinsey Podcast by McKinsey & Company

The McKinsey Podcast

395 Listeners

Pivot by New York Magazine

Pivot

9,753 Listeners

HBR IdeaCast by Harvard Business Review

HBR IdeaCast

168 Listeners

Cold Call by HBR Presents / Brian Kenny

Cold Call

194 Listeners

Procurement Legends by Procurement News and Insights for Digital Procurement Pros

Procurement Legends

15 Listeners

A Bit of Optimism by Simon Sinek

A Bit of Optimism

2,235 Listeners

Hard Fork by The New York Times

Hard Fork

5,574 Listeners

The Sourcing Hero by TheSourcingHero

The Sourcing Hero

4 Listeners

Coaching Real Leaders by Harvard Business Review / Muriel Wilkins

Coaching Real Leaders

670 Listeners

The Procurement Show by The Procurement Show

The Procurement Show

0 Listeners

HBR On Leadership by Harvard Business Review

HBR On Leadership

171 Listeners

The Procurement Software Podcast by James Meads

The Procurement Software Podcast

5 Listeners

Art of Supply by Kelly Barner, Art of Procurement

Art of Supply

18 Listeners

The Economics Show by Financial Times

The Economics Show

149 Listeners