In this episode, we’re joined by Keith Wright - Founder & CEO of K. Wright Consultancy and author of “The Power of Professional Procurement.”

With 25+ years experience as a Procurement practitioner, Keith shares his knowledge about Procurement’s new challenges, new role, and new value creation - as well as the best and worst practices that he’s seen in his consulting career. He also talks to Sam about why he made the transition from practitioner to consultant and the lessons that he’s shared about “Professional Procurement” in his new book.

Visit Keith’s website to download his supplier scorecard and get a copy of “The Power of Professional Procurement”:
https://www.kwrightconsultancy.co.uk/

Or reach out to Keith on his LinkedIn: https://www.linkedin.com/in/keith-wright-4aa823a8/

(00:38) - Introducing Keith

(01:49) - What does Sourcing & Procurement mean to Keith?

(04:25) – How did Keith end up working in Procurement? Did he choose it or did it choose him?

(05:49) – Where does Keith think that Procurement can help the most?

(07:38) – What made Keith switch from being a Procurement practitioner to an independent consultant?

(11:40) – What tip would Keith give to anyone looking to make the move into consulting?

(13:04) – Does Keith see a common denominator for businesses that are getting Procurement right or wrong today?

(17:30) – What are the biggest challenges for Procurement teams today?

(21:36) – What Procurement tactics does Keith see that should be a thing of the past?
(24:04) – What inspired Keith to write his book “The Power of Professional Procurement”?

(27:07) – What are some of the key themes that Keith shared in his book “The Power of Professional Procurement”?

(29:20) – What was some of the qualitative and quantitative data that Keith captured for writing his book?

(32:22) – What does “Professional Procurement” look like to Keith?

(34:19) – What are some of Keith’s top Procurement hacks?

(38:14) – What advice would Keith give to himself at the beginning of his career?

(39:44) – Keith answers our Kodiak Moment quick fire round of questions