In this episode, we go over six critical questions to ask suppliers to gauge the buyer-supplier power dynamic and how to best utilize those answers during a negotiation. 

Supplier Relationship Management is made up of two things, supplier performance management and supplier development. In this episode we take a deep dive into supplier development. We talk about what it is, why it is important, and how to implem...

In this episode we talk about the P3 model, which is the extension of procurement process lite. This model entails the steps and process that it takes to be a successful procurement professional or for anyone in an organization to strategically...

Part five of our procurement process lite series where we discuss how to most proactively manage your suppliers by measuring their performance and focusing on their development to strengthen your supply chain! 

Part four of the procurement process lite series where we discuss utilizing a contract as a performance based document that assures our organizations desired performance results are being met by our suppliers! 

Part three of the procurement process lite series where we talk about how to most effectively negotiate with suppliers with the understanding that negotiation planning is the most critical part of any negotiation! 

Part two of the procurement process lite series where we discuss how to most effectively work with suppliers and leverage their knowledge during the RfX phase to achieve the best results! 

Part one of the procurement process lite series where we talk about what to do when you receive a scope of work or specifications from your internal stakeholder to get the best results. 

What can we learn from Apple's ambition to put sapphire displays on their iPhones? In this episode we look at a case study of Apple's ambitious pursuit to put sapphire glass displays on their iPhones in 2014 and  why that pursuit never cam...

The ProcureStrategy podcast will be doing a full series for procurement process lite with the goal of helping procurement professionals, business owners, entrepreneurs, and anyone else purchasing for their organizations the best results possibl...

Cost Optimization and Cost Cutting are both ways for an organization to save on costs but they usually have very different perceptions by many in organizations. We discuss why procurement professionals need to focus on Cost Optimization now so ...

In this episode we talk about the different types of costs that anyone making a strategic purchase should understand. We also go over how to break down total cost of ownership to assure that we are getting the lowest total cost of ownership alo...

In this episode we go over six ways to use ChatGPT for procurement professionals to better streamline procurement workflows throughout the day! 

In this episode we talk about how to get the lowest total cost of ownership right from the scope of work and specifications stage and how to best leverage suppliers to make sure that we are achieving best results when procuring goods and servic...

The Official Trailer of the ProcureStrategy podcast!

Every procurement professional should understand contracting! In this episode we talk about common terms and conditions that are in supplier contracts and how we want to negotiate them. This episode will also help in cutting down contracting le...

In this episode we talk about creating value through interest based negotiation. If you are interested in making sure that you are getting the lowest total cost of ownership while also assuring that your supplier is thrilled with the deal then ...

Welcome to the first episode of ProcureStrategy! I am your host Louis Bastone to set the tone of this podcast going forward I am going to go over what I like to call procurement process lite, which you will hear a lot about in upcoming episodes...