With the latest ‘hot topic’ in procurement being the application of AI to some of their most tedious work, it would be easy to overlook the fact that what is really being discussed is procurement outsourcing.
Whether procurement is outsourcing work to artificial intelligence or ‘old fashioned’ human intelligence, the evaluation process and preparation to transition are much the same. Procurement must be prepared to identify and communicate the who, what, when, where, and how – not to mention the why.
In this AOP session, Joe Payne, Senior Vice President of Sourcing and Procurement, and Anthony Mignogna, Vice President of Sales and Solution Engineering, both from Corcentric, separate perceptions about procurement outsourcing from reality.
They will answer live questions about:
- Common misperceptions about procurement outsourcing that apply to these decisions, regardless of the intended destination for offloaded work
- The connection between procurement outsourcing and frameworks for measuring procurement’s impact
- Whether changes in the procurement space over the last few years make it possible to have a new conversation about outsourcing
Presenters:
Joe Payne, SVP, Source-to-Pay, Corcentric
Joe Payne is a sourcing and procurement expert. He has spent his entire career working with many different companies, ranging from mid-sized and large companies to the Fortune 100, to optimize their sourcing and procurement strategies. As a strategic sourcing consultant, he has worked to identify a company’s unique sourcing needs, identify optimal areas for improvement, and ensure a tailored approach that drives performance improvement. As the SVP of Source to Pay for Corcentric, Joe is extending his expertise into the rest of the source to pay process. Corcentric’s innovative, single-source solution helps companies to optimize all or part of their source to pay process. By using a remarkable combination of human experts, technology, and best practices, Corcentric’s source to pay solution saves time, millions of dollars, and provides high-quality visibility into organizational spend that allows for appropriate and rapid decision making.
Anthony Mignogna, Vice President, Strategic Solutions Engineering , Corcentric
Anthony has helped mid-market and Fortune 1000 companies drive value throughout their organization via B2B technology and services. His extensive background in consulting and software has enabled him to help finance and procurement teams with tailored solutions for digital transformation, cost reduction and working capital improvement.
Phil Ideson, Managing Director of Art of Procurement
Phil Ideson is the Founder and Managing Director of Art of Procurement. Prior to Art of Procurement, Phil led procurement transformation, category management, and sourcing programs for clients of Procurian and Accenture. Previously, Phil was Head of International Procurement, Sourcing & Third Party Risk Management at Ally Financial.
Kelly Barner, Partner, Head of Content ─ Brand Partnerships, AOP
Kelly Barner is ─ Procurement ─ Supply Chain Writer and Influencer, and the Owner and Managing Director of Buyers Meeting Point. She’s also the General Manager at the Art of Procurement and the Show Host for an upcoming Supply Chain Now monthly livestream, Dial ─ for Procurement.