In this episode, we’re joined by a household name and thought leader in Procurement – Peter Smith. With over 40 years (or make that 30 years) of experience, Peter has worked with Procurement as a practitioner, professor, Managing Editor of Spend Matters Europe, and author of the books “Bad Buying” and “Procurement with Purpose.” He joins us to discuss how he’s seen Procurement evolve during his career and where it’s going in the future, where Procurement is succeeding and “F’ing up,” how to avoid “Bad Buying,” and more! 


(00:40) - Introducing Peter

(02:25) - What does Procurement & Sourcing mean to Peter?

(04:40) - How has the role of Procurement evolved over Peter’s career and why has it changed? 

(08:36) - What topics does Peter see are most pressing for the next generation of Procurement in university? 

(11:45) - How well is the theory of Sustainable Procurement aligning with the actual practice? 

(12:52) - How do Procurement leaders go beyond just “ticking the boxes” and drive truly Sustainable Procurement?

(16:10) - Where does Peter see businesses succeeding and where are they F’ing up? 

(18:52) - How does Peter think that targets are actually influencing Procurement practitioners? 

(22:26) - How does Peter think that businesses are F’ing up? 

(26:13) - What are some steps that Procurement can take to avoid Bad Buying? 

(30:48) - Peter talks about the importance of investing in Contract Management

(34:20) - Peter answers our quick-fire round of questions 

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