The Procurement Initiative

🔑 Unlock collaboration and learning at our Meetups in London and Cologne 🔑 Celebrate a year of successful PROCUREMENT INITIATIVE LEADERS Meetups with us! We've hosted 10 of our monthly exclusive gatherings for top-level procurement professionals and are excited to continue this tradition. Join us for FREE to: 🌐 Connect with fellow procurement leaders 🚀 Stay on top of the latest trends 🤝 Find collaboration partners 🧠 Share experiences ✅ Solve challenges What to expect: 1. Welcoming talk and personal introductions 2. Sharing of key challenges to draw on the experiences of fellow leaders 3. Networking with other top-level procurement professionals  4. Insightful presentations on current topics 5. Delicious drinks and snacks, and an informal atmosphere 6. Chatham House Rules: Share insights while keeping identities confidential 🤝  Meet fellow industry leaders like: - Rebecca Lonsdale, CPO Castrol, bp - Lisa Egan, VP, Global Head of Procurement, Pearson - Claire Brockdorff, VP Global Procurement, Sage - John Butcher, Group Procurement Director, Just Eat Takeaway.com - Milind Tailor Management, Diebold Nixdorf - Andrew Roper, Global Head of Procurement, Clyde & Co - Katrin Calderon, Head of Global Procurement, Sky - Claudio Oricco, Head of Global Direct Procurement, SWAROVSKI - Paul Harvey, Head of Global Sourcing and Procurement, Marsh McLennan 📩 Interested in joining us? Send a LinkedIn message to Richard McIntosh to apply to join a London Meetup, or to Mike Jansen to apply to join a Cologne Meetup. … The PROCUREMENT INITIATIVE LEADERS Community is powered by H&Z Management Consulting in collaboration with SAWOO. #procurement #valuecreation #costreduction #purchasing #ESG #ProcurementInitiative #Networking #Leadership #ProcurementLeaders #London #Cologne

Navigating evolving procurement trends requires a strategy that balances immediate actions and future planning. ⚖️ Laurin Zemmrich of the University of St.Gallen's Institute of Supply Chain Management provides a clear roadmap for CPOs and procurement leaders: 🖌️ Respond: Address immediate trends like inflation management and geopolitical tensions. 📋 Prepare: Invest in mid-term trends such as AI capabilities and CO₂ reduction linked to digitalisation. 🔍 Monitor: Keep an eye on long-term trends like circular economy practices. How do you prioritise today to build a resilient tomorrow? Share your insights in the comments 💬 ... Listen to the full episode with Laurin HERE 👉 https://lnkd.in/djFhrSNG (Spotify) | https://lnkd.in/dpw4Q2wE (Apple Podcasts) 🔗 Download the “Procurement Pathfinder 2024: A Trend Outlook” HERE 👉https://lnkd.in/d_aN9uzs #procurement #valuecreation #costreduction #purchasing #ESG The Procurement Initiative Leaders Podcast is powered by H&Z Management Consulting in collaboration with SAWOO. ⏱ This interview was published on the 17th of June 2024.

🌍 Everyone is telling you to focus on renewable energy to fight climate change. But what about the 90% of biodiversity loss caused by virgin material use? Extracting virgin materials not only drives climate change due to high energy consumption, but also devastates biodiversity, which is just as critical to our planet’s health. Matthias Ballweg, Co-founder of CIRCULAR REPUBLIC, sheds light on the crucial role of circular economy practices. Not only do they combat climate change, but they also tackle the biodiversity crisis head-on, addressing two global challenges simultaneously. ... To start your journey towards circularity, download the whitepaper titled, “Secondary Material Sourcing” – a collaboration between H&Z Management Consulting and CIRCULAR REPUBLIC: https://lnkd.in/dc3G3ydH ... Listen to the full episode with Matthias Ballweg HERE 👉 https://lnkd.in/dkcNqi-8 (Spotify) | https://lnkd.in/dPtKfu6N (Apple Podcasts) #procurement #valuecreation #costreduction #purchasing #ESG The Procurement Initiative Leaders Podcast is powered by H&Z Management Consulting in collaboration with SAWOO. ⏱ This interview was published on the 16th of August 2024.

Transitioning procurement systems during a carve-out is challenging. 🚀 Paolo Lepore, Head of Global Procurement at ECO3, and his team tackled this head-on by implementing automation and innovative tools like contract management systems and Power BI dashboards. 📊🔧 Redefining processes such as prepayments may seem minor, but they significantly impact efficiency and data management. At ECO3, these changes were critical to overcoming carve-out challenges and enhancing visibility across categories. Watch the video to learn more👇 ... Listen to the full episode with Paolo Lepore HERE 👉 https://lnkd.in/d3hDnCUC (Spotify) | https://lnkd.in/dxjzxtEW (Apple Podcasts) #procurement #valuecreation #costreduction #purchasing #ESG The Procurement Initiative Leaders Podcast is powered by H&Z Management Consulting in collaboration with SAWOO. ⏱ This interview was published on the 3rd of July 2024.

The procurement landscape is changing rapidly, and traditional strategies are no longer enough to stay ahead. In the 11th edition of the PROCUREMENT INITIATIVE LEADERS Newsletter, Detlef Schultz, Co-Founder of akirolabs, shares his perspective on category management and how it has evolved to meet today’s business demands. 1. Category management 2.0: Moving beyond cost savings 2. Why traditional category management is obsolete 3. Listen to our latest podcast episode 4. Generative AI in Procurement 5. Looking back at our Community Meetup in Cologne 6. Leadership advice for CPOs with Kathleen Harmeston 📖 Start reading now! (Read time: 10 minutes) 👉 Don't forget to SUBSCRIBE to the newsletter for monthly insights and community updates. ... #procurement #valuecreation #costreduction #purchasing #ESG The Procurement Initiative is powered by H&Z Management Consulting. Thank you to our friends at SAWOO for helping us to create this newsletter.

Aim high to reach new heights! 🚀 Lovisa Söderholm, Senior Vice President of Purchasing at Volvo Penta, believes in the power of high targets: "You shoot for the stars and you end up on the moon, but still you're doing a little bit more than ending up in the top of a tree." Key takeaways: ✅ Cross-functional collaboration: Working together across functions unleashes creativity and innovation. ✅ High ambition: Setting challenging targets drives teams to achieve extraordinary results. ✅ Incremental gains: Even if the ultimate target isn't fully reached, the progress made is often significantly higher than expected. By embracing ambitious goals, procurement leaders can drive impactful change and foster a culture of continuous improvement. ... Listen to the full episode with Lovisa Söderholm HERE 👉 https://lnkd.in/dEsrutvc (Spotify) | https://lnkd.in/dHcdXmDT (Apple Podcasts) #procurement #valuecreation #costreduction #purchasing #ESG The Procurement Initiative Leaders Podcast is powered by H&Z Management Consulting in collaboration with SAWOO. ⏱ This interview was published on the 25th of July 2024.

What happens when procurement evolves from being transaction-focused to becoming a true business partner? Find out in this episode. Host Richard McIntosh speaks with Milind Tailor, Global Head, Resale Products & Services Procurement at Diebold Nixdorf, about the transformative journey of procurement business partnering. Milind shares how procurement can go beyond cost-cutting to build trust, foster supplier innovation, and align with business goals to drive revenue and operational excellence. You'll learn: 1. How Procurement Business Partnering serves as an operating model to align procurement with strategic business goals 2. How to use the Supplier Performance Index as a governance tool to evaluate and enhance supplier relationships 3. Why the Trust Equation is vital for building strong stakeholder and supplier alliances 4. The role of a balanced scorecard in measuring procurement’s impact beyond cost 5. Essential advice for starting and excelling in a procurement career Listen to the podcast HERE 👉 https://lnkd.in/dmCejbPi (Spotify) | https://lnkd.in/dzgQPP5C (Apple Podcasts) Get in touch with Milind Tailor here on LinkedIn. Learn more about Diebold Nixdorf here on LinkedIn or visit their website: https://DieboldNixdorf.com About the host Richard McIntosh: Richard McIntosh, Partner at H&Z Management Consulting, has spent over 23 years helping procurement leaders succeed. Richard is an avid rugby fan, and a children's rugby coach, with a passion for helping children to become their best selves through sports. He spends his time outside of work with his wife and children. Get in touch with Richard McIntosh here on LinkedIn. #procurement #valuecreation #costreduction #purchasing #ESG The Procurement Initiative Leaders Podcast is powered by H&Z Management Consulting in collaboration with SAWOO.

Is it true that sustainability always comes with a high cost? No, says Thomas Janvier, Founder of Janvier Advisory. The former CPO explains that while decarbonised products command a premium due to high demand, their production costs are actually lower. The real investment lies in the upfront CapEx, not in day-to-day operations. Key takeaways: 👉 Reduced energy & material footprints: Efficiency that cuts costs. 👉 One-time CapEx for long-term gains: Invest now, save later. Do you agree? Share your thoughts 💬 ... For more insights on sustainable procurement, listen to the full episode with Thomas Janvier HERE 👉 https://lnkd.in/depw9wFz (Spotify) | https://lnkd.in/dQ56Vfnw (Apple Podcasts) #procurement #valuecreation #costreduction #purchasing #ESG The Procurement Initiative Leaders Podcast is powered by H&Z Management Consulting in collaboration with SAWOO. ⏱ This interview was published on the 18th of July 2024.

No discussion on trends is complete without mentioning AI and machine learning. In procurement, these buzzwords are crucial, but their peak relevance is anticipated in the mid to long term. 💡 Insight: Laurin Zemmrich of the University of St.Gallen's Institute of Supply Chain Management highlights that CPOs are increasingly leveraging AI for: 👉 Procure-to-pay automation 👉 Spend analytics 👉 Contract and risk management 🚀 Takeaway: These technologies not only reduce manual efforts but also enhance risk management capabilities by utilising data from various sources, including web scrapers. ... Listen to the full episode with Laurin HERE 👉 https://lnkd.in/djFhrSNG (Spotify) | https://lnkd.in/dpw4Q2wE (Apple Podcasts) 🔗 Download the “Procurement Pathfinder 2024: A Trend Outlook” HERE 👉https://lnkd.in/d_aN9uzs #procurement #valuecreation #costreduction #purchasing #ESG The Procurement Initiative Leaders Podcast is powered by H&Z Management Consulting in collaboration with SAWOO. ⏱ This interview was published on the 17th of June 2024.

🌍 In a world facing climate change and biodiversity loss, reducing fossil fuel usage alone isn’t enough. Matthias Ballweg, Co-founder of CIRCULAR REPUBLIC, makes a compelling case for why reducing virgin material usage is just as crucial. By embracing circular economy practices, businesses can tackle both challenges while unlocking new opportunities for innovation and resilience. 🌱💡 Watch the video to learn more 👇 ... To start your journey towards circularity, download the whitepaper titled, “Secondary Material Sourcing” – a collaboration between H&Z Management Consulting and CIRCULAR REPUBLIC: https://lnkd.in/dc3G3ydH ... Listen to the full episode with Matthias Ballweg HERE 👉 https://lnkd.in/dkcNqi-8 (Spotify) | https://lnkd.in/dPtKfu6N (Apple Podcasts) #procurement #valuecreation #costreduction #purchasing #ESG The Procurement Initiative Leaders Podcast is powered by H&Z Management Consulting in collaboration with SAWOO. ⏱ This interview was published on the 16th of August 2024.