Podcast

Episode 2: Pushing for the future of procurement

By TealBook
I’m trying to solve and get ahead of tomorrow’s problem because fundamentally every supply chain disruption we have today is because of design choices we made 10 or 20 years ago. And so if we don’t start to make the change to thinking for the next 10 to 20 years now, we’re just gonna keep pushing that timeline out and we’re gonna go from one disruption to another. All we’re gonna be is the disruption responders. And I wanna get us beyond that as a profession.
Dr. Elouise Epstein Partner at Kearney

Dr. Elouise believes that suppliers need benefits translated to them, and indeed that in the future all our data should benefit us. She is emphatic about data and analytics literacy being at the forefront of our media and our minds. Do consumers know how much of our data is being collected and how it’s being used? Assuming they do is a fallacy.

Having just finished a book on the complexity of digital procurement, Dr. Elouise is already many steps ahead into formulating her next book. She won’t rest on the advancements of today when she is so aware of the problems tomorrow will bring. And she has strategic thoughts on how data can address issues within risk management and sustainability that she debates with Stephany.

Show co-host Katherine McCleery brings this foundational data discussion with TealBook Founder and CEO Stephany Lapierre and Dr. Elouise Epstein to listeners, including conversation on: 

  • The challenge of managing and automating ever-changing supplier data without relying on portals, a corporate IT function, or an S2P 
  • Where the greatest risk to an enterprise lies and how a deeper understanding of third party data is the key to future-proofing
  • How procurement can adopt digital and break a massive problem into bit-sized pieces through incremental, tactical planning and open-sourcing strategy through real-time community engagements
  • The true vision of data unleashed is when actions start changing based on more informed decision-making beyond procurement and throughout an enterprise 

About Dr. Elouise Epstein:

Dr. Elouise Epstein is a digital futurist and Kearney partner based in San Francisco. She has more than two decades of experience working as a trusted adviser with clients to develop digital procurement and supply chain strategies.

Known for her dry wit, historical anecdotes, and direct tone, Dr. Epstein is a frequent presenter on digital procurement. She is author of the newly released book Trade Wars, Pandemics, and Chaos: How Digital Procurement Enables Business Success in a Disordered World and is already working on a follow-up book.

Links:

Stephany Lapierre, TealBook: website | twitter | Linkedin | YouTube | Instagram

Dr. Elouise Epstein, Partner, Kearney: website | Linkedin

Additional resources:

Trade Wars, Pandemics, and Chaos: How Digital Procurement Enables Business Success in a Disordered World” by Dr. Elouise Epstein
Dr. Epstein’s spider graph

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