This is a podcast about procurement for anyone that is looking for strategies to better position their supply chains or just to understand how to purchase goods and services more effectively!
Six questions to determine if a supplier can walk away from a negotiation
In this episode, we go over six critical questions to ask suppliers to gauge the buyer-supplier power dynamic and how to best utilize those answers during a negotiation.
18 Jul 2023
Supplier Development
Supplier Relationship Management is made up of two things, supplier performance management and supplier development. In this episode we take a deep dive into supplier development. We talk about what it is, why it is important, and how to implement it to achieve the best results which will make your supply chain as strong as possible!
17 May 2023
P3 Model
In this episode we talk about the P3 model, which is the extension of procurement process lite. This model entails the steps and process that it takes to be a successful procurement professional or for anyone in an organization to strategically source goods and services while achieving the best results.
25 Apr 2023
Procurement Process Lite Series - Contracting
Part four of the procurement process lite series where we discuss utilizing a contract as a performance based document that assures our organizations desired performance results are being met by our suppliers!
25 Apr 2023
Procurement Process Lite Series - Scope of Work & Specifications
Part one of the procurement process lite series where we talk about what to do when you receive a scope of work or specifications from your internal stakeholder to get the best results.
25 Apr 2023
Procurement Process Lite Series - RfX
Part two of the procurement process lite series where we discuss how to most effectively work with suppliers and leverage their knowledge during the RfX phase to achieve the best results!
25 Apr 2023
Procurement Process Lite Series - Supplier Relationship Management
Part five of our procurement process lite series where we discuss how to most proactively manage your suppliers by measuring their performance and focusing on their development to strengthen your supply chain!
25 Apr 2023
Procurement Process Lite Series - Negotiation
Part three of the procurement process lite series where we talk about how to most effectively negotiate with suppliers with the understanding that negotiation planning is the most critical part of any negotiation!
6 Mar 2023
Apple Inc's Sapphire Display Supplier That Never Was
What can we learn from Apple's ambition to put sapphire displays on their iPhones? In this episode we look at a case study of Apple's ambitious pursuit to put sapphire glass displays on their iPhones in 2014 and why that pursuit never came to fruition due to supplier relationships.
1 Mar 2023
Procurement Process Lite Series - Preview
The ProcureStrategy podcast will be doing a full series for procurement process lite with the goal of helping procurement professionals, business owners, entrepreneurs, and anyone else purchasing for their organizations the best results possible at the lowest total cost of ownership!
1 Mar 2023
Cost Optimization vs Cost Cutting
Cost Optimization and Cost Cutting are both ways for an organization to save on costs but they usually have very different perceptions by many in organizations. We discuss why procurement professionals need to focus on Cost Optimization now so they do not have to worry about Cost Cutting later.
21 Feb 2023
Types of Costs
In this episode we talk about the different types of costs that anyone making a strategic purchase should understand. We also go over how to break down total cost of ownership to assure that we are getting the lowest total cost of ownership along with other tips when considering managing costs internally!
14 Feb 2023
ProcureStrategy - Our Why
14 Feb 2023
Six Ways to use ChatGPT for Procurement
In this episode we go over six ways to use ChatGPT for procurement professionals to better streamline procurement workflows throughout the day!
8 Feb 2023
Design for Total Cost of Ownership
In this episode we talk about how to get the lowest total cost of ownership right from the scope of work and specifications stage and how to best leverage suppliers to make sure that we are achieving best results when procuring goods and services. We discuss why we need design for TCO, what design for TCO is, examples of design for TCO, and how to implement it right away!
7 Feb 2023
TRAILER - ProcureStrategy Podcast
The Official Trailer of the ProcureStrategy podcast!
1 Feb 2023
Contract Terms & Conditions
Every procurement professional should understand contracting! In this episode we talk about common terms and conditions that are in supplier contracts and how we want to negotiate them. This episode will also help in cutting down contracting lead time when working with your internal legal department. We also have a bonus at the end where we discuss how to solve the problems of unnecessary supplier redlines, rouge spending, and overspent contract.
31 Jan 2022
Interest Based Negotiation
In this episode we talk about creating value through interest based negotiation. If you are interested in making sure that you are getting the lowest total cost of ownership while also assuring that your supplier is thrilled with the deal then this is a must listen to episode!
10 Jan 2022
Procurement Process Lite
Welcome to the first episode of ProcureStrategy! I am your host Louis Bastone to set the tone of this podcast going forward I am going to go over what I like to call procurement process lite, which you will hear a lot about in upcoming episodes when I cover different topics and strategies pertaining to procurement.
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