The Growth of Value & Creativity from Procurement’s Next Generation with Williams Racing’s Olivia McNamara and Reckitt’s Julie Katz #64

“I'm not here to cut costs, I'm just here to add value. However you want to dress that word of value, it's totally up to you.”The next generation of bright procurement prospects bring with them a focus on understanding what they’re procuring in a way that we haven’t seen before.We can only continue this trend of value and ROI, however, if we overcome the barriers to entry for school leavers and graduates. Two such future procurement leaders, Williams Racing’s Olivia McNamara and Reckitt’s Julie Katz, join Martin this week on Talent Talks.We discuss the shift away from ‘baseball bat cost-cutting’, giving the rest of the business a better understanding of procurement’s strategic role, and the need for greater awareness of the profession.This episode of Talent Talks covers:The creative difference between direct and indirect procurementFocusing on value, and moving away from cost-cutting aloneTop skills needed in the modern procurement professionNew generations wanting to truly understand what they’re procuringHow to better present procurement’s role to the wider businessThis episode of Talent Talks is sponsored by 4C Associates – a leading European procurement and supply chain consultancy, who work collaboratively with forward-thinking clients to deliver real business value across a wide range of transformation and cost optimisation service offerings. Visit https://www.4cassociates.com/ for more information.Links and references at: https://talentdrive.co.uk/

Om Podcasten

The Talent Talks Podcast provides regular insights and guidance to procurement and supply chain professionals. Host, Martin Smith interviews CPO's within large corporations and brands in the UK such as John Lewis, Mars, Babcock International, Managing Directors of procurement specialist companies including as Procurement Excellence and Embedded IT as well as thought-leaders and authors from the sector. Martin Smith, founder of Talent Drive is a specialist procurement and supply chain recruiter. He uses his network and expertise to provide insightful, thought provoking discussions, as well as providing tips on building your own career in the industry. The podcast is just one area of #projectprocurement; Martin's network of like-minded procurement professionals including webinars, content and events. Register your email to find out about our next meet-up and get involved: https://bit.ly/talenttalksmailinglist We'd love to hear your thoughts on the podcast, and do please reach out if you'd like to be a guest; [email protected]. All links and references at https://talentdrive.co.uk/