If there's one thing we've learned in 2020, it's that supply chains need to be smart, resilient and locally accessible. Because of the major vulnerabilities that Covid-19 exposed in 2020, the procurement function will move higher up on the C-suite agenda. It has proved critical in mitigating risks, identifying opportunities and accelerating business growth during the crisis. Increased investments in the procurement function will likely follow in 2021.
In our first season, we will shine a light on how the procurement function has evolved. We will be hosting experts across industries ranging from BP, Procter & Gamble, DS Smith, ThyssenKrupp, APA Group and more.
Kearney partner and procurement expert Enrico Rizzon invites James Fazzino, chairman of Manufacturing Australia, to discuss the country's ambitious climate targets and how to achieve them by 2050. Supported by abundant sun, wind, and land, Australia has the potential to become the world's largest supplier of green hydrogen. "A stronger public and private collaboration is needed," says Fazzino, who is a serial investor in ammonia production plants and sits on numerous boards across industries in Australia. Listen now.
Kearney partner and procurement expert Ana Conde invites Group Chief Procurement Officer Alex Jennings and Director of Head of Global Enablement and Transformation Harold Hendrickx, both of DS Smith, for an in-depth analysis of the procurement transformation journey the packaging giant has been on with Kearney. Alex and Harold have been through an impressive journey over the past year that required immediate action to keep “shop open whilst it was being rebuilt and redecorated.” Now, their function is called ONE Procurement and is set up to provide a balance between process, governance, technology, and ownership in order to deliver superior results from one single source of truth. Listen now.
In this episode, Singapore based Kearney partner Keat Yap interviews Phoenix Wei, VP Purchasing at ThyssenKrupp Elevator China to discuss the impact of Covid-19 on Chinese supply chains and the emerging oppportunities to stategically transform existing structures.
Phoenix Wei leads and executes all strategic and operational purchasing activities to sustain the rapid business growth at TKE in Asia Pacific. He is responsible for implementing and institutionalizing all sourcing policies, systems, and processes, including cost-saving programs. Phoenix and his team have developed an organizational capability to deliver long-term competitive advantages to the region. Phoenix received his MBA from Tsinghua University with a focus on statistics and finance.
Imran Dassu, Partner in Kearney's London office and a leader within our Strategic Operations Practice, invited Jamila Belabidi, Purchases Director, Global Women Economic Empowerment & Global Innovation at Procter & Gamble to discuss the impact a diverse and well-functioning procurement function can have on organizations and society at large.
Through Kearney's work as a Knowledge Partner with the Women's Forum and its 'Daring Circles' working group, Imran and Jamila work together closely on translating the rich agenda of the Women’s Forum Meetings into an on-going constructive dialogue which delivers tangible positive societal and economic outcomes for women and society.
Members of the Women's Forum aim to bring the voices of women to the forefront, to show how they are pioneering change across not only supply chains but all functions and across all industries.
Kearney's Fast Track Transformation podcast is produced by Kearney, a global management consulting firm. We help our clients reach their full potential and find the way forward during uncertain times. Learn more at https://www.kearney.com/procurement/fast-track-transformation-podcast
In episode one of Kearney's Fast Track Transformation podcast, Jim Pearce, partner in London, invited Rob Hemsley, Director of global procurement at BP Castrol. Jim and Rob discuss the most successful strategies to make the often complex process of buying especially during a pandemic as simple as possible for any organization. Learn more.