PODCAST | Self-guided procurement and adjusting to change

Can self-guided buying in procurement enable the business to scale quickly and easily? 

It’s the topic for today’s Art of Procurement Podcast – and how procurement can adjust to the change as well.

The self-service approach has been used in a number of corporate process areas, including requisitioning, contingent labour, benefits, employee onboarding, mobility, and travel booking. 

What’s more, it has been in use for decades – it is no longer an untested method. Procurement must catch-up with stakeholder expectations for scalable, digital enablement in purchasing as well.

Recorded at Art of Procurement’s Digital Outcomes event in March, session moderator Philip Ideson spoke with Elisabeth Schlag Lawrence, SVP, Head of Procurement Governance & Enabling at Bayer, and Mita Gupta, Senior Vice President at Globality Inc. about this topic.

“Procurement teams need problem-solvers – people that are thinking about the big business issues of the day. They can figure out how to tackle challenges in an efficient way. It’s a real opportunity to continue to build upon all the progress that procurement frankly has made,” Mita Gupta, Senior Vice President, Globality.

Topics covered include:

  • what kind of a mindset shift is required for procurement teams trying to transition from spend management to spend enablement
  • why procurement seems to follow a slower pace of change than other functions in the enterprise
  • how procurement can embrace the value and benefits of self-guided buying without feeling like we have to sacrifice control.

Listen to the Art of Procurement Podcast.