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In the final episode of "Buy: The Way...To Purposeful Procurement," Philip Ideson, Rich Ham, and Kelly Barner reflect on 18 months of exploration, 32 episodes, and a remarkable roster of guests who collectively proved that procurement's incentive problems are both bigger and more solvable than most realize.
The flaws we uncovered aren't just procurement's problem, and there are often far-reaching, real-life consequences. For example, when buyer-side dysfunction enables seller-side exploitation, consumers absorb higher costs. When short-term savings metrics kill long-term initiatives like energy efficiency investments, the climate crisis deepens. When procurement is measured on fictional savings rather than actual P&L impact, the entire profession gets relegated to asking for a seat at the table instead of earning one.
Building on Alan Veeck's call from the previous episode to convene "the smartest thinkers in our industry," the hosts sketch out what should come next from pragmatists alongside visionaries, skeptics alongside believers, and C-level advocates outside of procurement who can sell the vision to their peers.
We don't need philosophical discussions about value, but actual business cases quantifying both the harms of keeping things status quo and the upside of change. Not just theoretical frameworks, but practical answers to the logistics of administering new measurement systems. Not just ideas, but examples shown in action that give others confidence to follow.
As automation commoditizes tactical work, procurement has never been under more pressure to articulate what they stand for and how they connect to business value. The pace of AI-driven change makes solving the incentive problem more critical than ever, because the function needs to know what higher-value work looks like before the efficiencies arrive.
So, while the series may be ending, as Rich notes, it feels more like a beginning. Thirty-two episodes proved the story was worth covering. Now comes the harder part: turning all of that conversation into action.
Links: Rich Ham on LinkedInLearn more at FineTuneUs.com
By Philip Ideson4.8
6363 ratings
In the final episode of "Buy: The Way...To Purposeful Procurement," Philip Ideson, Rich Ham, and Kelly Barner reflect on 18 months of exploration, 32 episodes, and a remarkable roster of guests who collectively proved that procurement's incentive problems are both bigger and more solvable than most realize.
The flaws we uncovered aren't just procurement's problem, and there are often far-reaching, real-life consequences. For example, when buyer-side dysfunction enables seller-side exploitation, consumers absorb higher costs. When short-term savings metrics kill long-term initiatives like energy efficiency investments, the climate crisis deepens. When procurement is measured on fictional savings rather than actual P&L impact, the entire profession gets relegated to asking for a seat at the table instead of earning one.
Building on Alan Veeck's call from the previous episode to convene "the smartest thinkers in our industry," the hosts sketch out what should come next from pragmatists alongside visionaries, skeptics alongside believers, and C-level advocates outside of procurement who can sell the vision to their peers.
We don't need philosophical discussions about value, but actual business cases quantifying both the harms of keeping things status quo and the upside of change. Not just theoretical frameworks, but practical answers to the logistics of administering new measurement systems. Not just ideas, but examples shown in action that give others confidence to follow.
As automation commoditizes tactical work, procurement has never been under more pressure to articulate what they stand for and how they connect to business value. The pace of AI-driven change makes solving the incentive problem more critical than ever, because the function needs to know what higher-value work looks like before the efficiencies arrive.
So, while the series may be ending, as Rich notes, it feels more like a beginning. Thirty-two episodes proved the story was worth covering. Now comes the harder part: turning all of that conversation into action.
Links: Rich Ham on LinkedInLearn more at FineTuneUs.com

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