The Future of Procurement: Sourcing Smarter with Data Artwork

Supply Chain Deepdive

Hosted by industry veterans Michael Jung and Jess Williams, each episode of Supply Chain Deepdive offers a thorough exploration of the most pressing topics and transformative trends in supply chain and logistics. From in-depth discussions on technological advancements such as AI and blockchain to analyses of global market shifts and sustainability efforts, this podcast is designed to equip supply chain professionals with the knowledge and insights needed to navigate today’s challenges and tomorrow’s opportunities.

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Supply Chain Deepdive

The Future of Procurement: Sourcing Smarter with Data

October 08, 2024 • Global Supply Chain Council (GSCC) • Season 1 • Episode 9

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In this insightful episode of Supply Chain Deepdive, hosts Michael Jung and Jess Williams dive into McKinsey & Company’s comprehensive report titled 'Where Procurement is Going Next.' Drawing on data from McKinsey’s 18-year procurement benchmarking study, the hosts explore how top-performing procurement teams are leveraging data-driven decision-making and advanced digital tools to drive operational and financial success. You'll learn how strategic sourcing, supplier diversification, and sustainability initiatives are shaping the future of procurement. Whether you're part of a large corporation or a smaller organization, the episode reveals how even modest investments in data and analytics can lead to remarkable improvements in procurement performance and business resilience.

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