Conrad from Graphite, along with Natasha and Zachary, discuss the evolution of procurement, highlighting its transition from an essential, tactical function to a more strategic one, focusing on value, transparency, and integrity. They explore the challenges of having a centralized procurement process versus a "shadow procurement organization" and the importance of tailoring procurement practices to a company's size and stage of growth. The conversation also touches on the need for procurement teams to deeply understand the market and leverage that knowledge to streamline the RFP process.