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How organisations can improve their SOW management maturity by leaning on the expertise of an MSP.
With Sana Ali, Services Procurement SME, TAPFIN
00;11;16;07 - The different service levels in managing SOW spend
00;23;28;13 - The second level of maturity in SOW management
00;28;39;03 - The third level of service maturity
00;36;11;06 - First-generation vs second-generation maturity
00;48;57;02 - How does an MSP SOW service affect in-house procurement roles?
The beauty of procurement’s exposure to the wider business and tying this understanding in to systems, process and policy
With Matt Mehler, Owner, PROcurement Solutions
00:03:00 - Taking learnings from the sports world into procurement
00:10:20 - Procurement taking the lead from clear company strategy
00:16:34 - Did the experience of Covid-19 change the perception of procurement
00:18:45 - The emphasis on supplier relationships
00:23:15 - Observations on the maturity and investment in procurement functions
00:31:00 - Moving to outcome based services and doing more with less
00:37:00 - Procurement's relationship with generative AI
00:40:20 - Technology's importance in attracting new talent to procurement
00:44:30 - Addressing the complexity of complex services with technology
00:48:40 - Where is the balance between sourcing and the downstream project?
00:51:10 - Procurement's responsibility for project delive
How you can use consistent, detailed analytics to understand the value of outcome-based services.
With Chris Radvansky, Principal, Rad Consultants
00:05:30 - Using transactional data in understanding the extended workforce
00:08:45 - The problems with SOW data
00:15:00 - SOW data is complex but there are common threads
00:20:00 - Can SOW data be compared to broader staff-augmentation data?
00:26:30 - Regulatory confusion between staff-aug and SOW
00:32:00 - The drivers towards outcome-based SOW
00:37:00 - Adoption of procurement tech designed for SOW
00:42:00 - Hyperspecialisation and AI
00:48:00 - Using GPTs for SOW analytics
00:52:30 - How to get granular with outcome-based data
00:56:45 - The cross-over from SOW into contingent workforce
01:02:50 - Tighening up how SOW is managed
Exploring the trends in technology, user experience and leadership and their impact on procurement's digital transformation.
With Amanda Prochaska, Founder, Wonder Services
00:00:00 - Procurement's role in change and tech deployments and user adoption
00:09:00 - The current patterns and trends in digital transformation
00:17:20 - How are procurement going to get closer to stakeholders
00:28:15 - Where does the data stored across systems converge?
00:35:00 - Measuring performance and contract lifecycle management
00:38:30 - The process vs technology balance
00:45:20 - The challenges business face when tackling transformation
00:56:45 - Measuring procurement's impact
Adoption of services Procurement or statement of work as part of broader contingent workforce programs and the approaches taken by MSPs in delivering these services.
With With Mickey Pelletier, founder, CWM Strategies
00:00:00 - The changing, expanding scope of contingent workforce programs
00:11:00 - The various approaches to SoW as part of CWS
00:16:40 - Identifying, defining and classifying outcome based work
00:26:00 - MSPs' value in solving the messy areas of SoW
00:35:30 - The complexity of the statement of work life cycle
00:39:40 - Getting stuck in a worker tracking mentality
00:51:00 - Prioritising solving the outcome-based work problem with a long-term view
00:59:25 - Convincing the C-Suite to prioritise SoW and CWS
01:05:00 - Simplifying the change-management process when adopting outcome-based work
01:12:05 - Outsourcing SoW management to an MSP
01:17:30 - What are the changes needed in the wider procurement tech ecosystem
01:22:15 - Challenging the charging models of MSPs and technologies
01:32:40 - MSP selling SoW solutions to clients
01:36:00 - Thoughts on the industry
Exploring the practical lessons from the journey from an integrated suite to best of breed technology.
With Pedro Berrocoso, Senior Advisor, AccelerIQ
00:00:00 - The evolution of supply chain and procurement technology
00:11:00 - Tech at the emergence of the procurement function
00:17:20 - Is generative AI the next step-change in procurement technology?
00:22:55 - Addressing the needs of complex services in e-procurement
00:31:30 - Owning the complex services problem
00:37:00 - Pricing intangibles
00:42:10 - Understanding if you're getting the value you paid for
00:46:30 - The role of procurement excellence
00:51:50 - Do integrated suites make sense for all organisations?
00:59:00 - The temptation for best-of-breed solutions to becoming too broad
01:10:40 - Where can procurement best leverage generative AI and large language models
Learnings from outsourcing the management of services procurement to managed service providers.
With Mick Field, Global VP Services Procurement, Outsourced MSP Provision
00:00:00 - Expertise in expanding a global MSP service procurement provision
00:06:00 - The magic of procurement strategy against capability and capacity
00:11:45 - Why do organisations outsource services procurement to MSPs?
00:22:00 - Understanding services procurement beyond the PO
00:33:30 - Aggregating value through the procurement process
00:42:00 - How are organisations approaching MSPs to deliver service procurement programs?
00:48:10 - Aligning the recruitment and procurement relationship between the MSP and the organisation
00:58:00 - Pre and post contract processes challenges and solutions
01:01:15 - The importance of work tracking when buying outcomes
01:09:30 - How has the MSP service procurement provision changed over time
How to approach procuretech in the digital transformation in procurement
With Vincent Teyssier, Partner for the Digital Transformation and ProcureTech practices, Devolut
00:00:00 - The core skills of building trust and relationships in procurement
00:07:05 - Procurement's access to internal and external data
00:13:35 - Communication skills and personality types in procurement teams
00:16:45 - Comparing the maturity of the procuretech with other disciplines
00:26:15 - When choosing a solution, start with the process
00:29:20 - User centric design in procurement technology
00:37:30 - Hard vs soft savings in spend management and delivering ROI
00:46:20 - Comparing in-house procurement and consultancy experiences
00:53:10 - Addressing what works as well as what doesn't in driving change
00:55:00 - Collaboration with different functions in value creation
00:58:00 - AI in procurement
Navigating the journey and extracting the value from procurement transformation
With Nick Jenkinson, Managing Director, Verto Solutions
00:05:30 - Aligning tactical and strategic activities in transformation
00:11:40 - Influences and experiences from transformation in multiple industries
00:26:20 - Balancing the people and technology elements in transformation
00:34:00 - Procurement's influence on an organisation
00:37:00 - Perceptions on risk, complexity and delivering value
00:45:10 - Driving tech adoption in a complicated technology landscape
00:57:50 - Discovering new technology solutions
01:07:20 - Observations on procurement excellence
01:10:30 - How is data going to change procurement
Watch the full conversation - https://www.zivio.com/resources/digital-procurement-transformation-navigating-the-journey-for-maximum-value-creation
Communication and how procurement can benefit from the art of telling stories
With With Simon Geale, EVP Procurement, Proxima
00:00:00 - Best of breed technology's lesson from putting monkeys in space
00:07:45 - Diversity of talent in procurement
00:17:30 - Why do most procurement transformations fail
00:28:00 - Story telling in tech adoption
00:37:50 - Aligning procurement to the business' strategy
00:44:40 - Building trust in supplier & stakeholder relationships
00:48:00 - Having something to say at the top table
01:01:00 - Preparing the story before you tell it
01:07:10 - Visualising a successful outcome
01:13:00 - Exciting trends in procurement
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