Making Your Suppliers Part of a Team
Modern Business Operations: AI, Automation, Legal, Procurement, IT, and Ops · 2024-01-04 · 23 min
Episode notes
On this week’s episode, host Seth Colaner welcomes Anna McGovern , Founder and Managing Director of Pondview Consulting, LLC . Anna discusses the importance of procurement teams partnering with suppliers, and speaking the language of business to create value. Key Takeaways: (02:37) Being a "customer of choice" means ensuring suppliers want to partner with you and bring innovative ideas. (03:18) Involving suppliers as key team members who enable decreased time to market. (9:18) The importance of gaining insights from adjacent industries. (14:11) Framing a problem as one that impacts everyone motivates teams to set aside differences and find a solution. (18:23) Procurement professionals now need skills in finance, legal, coaching and technology to create business value. (19:57) Strategic influencing becomes important when you're not the budget holder but need to show value. (21:17) Keep learning and embrace new technology. Resources Mentioned: Anna McGovern - Pondview Consulting, LLC - This episode is