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Ep 08 Inside Procurement: Aligning Procurement Strategy with Corporate Strategy
In the first podcast of 2019, we discuss ‘procurement strategy’. Not a new concept, but for many this just meant achieving simple goals – such as reducing cost by 5% Y-o-Y. However, recently there have been significant developments within the procurement function, resulting in leaders becoming far more sophisticated in how they conceptualise their strategies, but most importantly, how those strategies can support the company’s overall business goals.
In this podcast we pick two important aspects of strategy:
- What is strategy – ‘procurement strategy’ in particular?
- How can companies ensure their procurement strategies are aligned with the overall corporate strategy?
Omer Abdullah is Chief Commercial Officer and Co-founder for The Smart Cube. He works with Procurement and Strategy leaders at global organisations, transforming their teams to become value-driven and insight-led. Omer has more than 30 years of management consulting and global corporate and industry experience across North America, Europe, and Asia. His prior roles include A.T. Kearney (North America), Warner Lambert (USA), and The Perrier Group (Asia-Pacific). Omer has an MBA from the University of Michigan at Ann Arbor, USA, and a BBA from the University of East Asia.