Future Proofing Procurement: Leveraging Innovation in Supply Networks

Eva Wimmers the Former CPO at Deutsche Telekom, is currently in Australia running a series of procurement innovation workshops.

This ground breaking project is being delivered in conjunction with The Faculty and brings together Australia’s top procurement teams, with the goal of unlocking and leveraging the untapped potential that lies within our supply networks.

In this post, Eva provides some insight into the need for procurement innovation and highlights what she’ll be covering in The Faculty’s Innovation Workshops.

The whole world is digitalising, as all industries are affected by the rapid changes that the Internet and its services are producing for our every day lives. This means that Procurement needs to change and learn how to procure such products and services.

Often these are not only provided by the big established companies, but increasingly by small- and mid-size innovative players – this produces a bunch of new challenges for Procurement teams around the world:

• How do we find these innovative solutions and companies, as they tend not to just apply for an RFQ with us?
• How do we protect our companies against the risk that these smaller organisations might bring?
• How do we lead our teams into this new world?

I am very excited that The Faculty invited me to discuss such topics in a Pop-Up Work Shop with CPOs in Melbourne and Sydney, Australia, that runs under the title of Innovation Procurement.

For the Australians amongst you: today was the Melbourne workshop that was received very well by all participants! But you can still register for the Sydney workshop on October 20th with The Faculty – see you there or follow us on procurious.com!

Click here to register for Sydney Procurement Innovation Workshop