Join Tom and Alan on the latest episode of Rebuild Procurement as they discuss the latest trends in procurement, focusing on the integration of desktop AI and automation, while Tom Details the difficulty of enterprise wide adoption for type of deployment. The importance of supply chain resilience, and the critical role of effective delegation in management are also major topics this week. They explore how AI can enhance productivity and efficiency in procurement processes while also addressing the challenges and considerations that come with its implementation. Tom and Alan elaborate on the need for procurement professionals to adapt to changing technologies and to develop strong delegation skills to succeed in their careers.

Join Tom today as we dive into the origins of Taiwan Semiconductor Manufacturing's meteoric and their roots at Texas Instruments. Tom discusses TSMC's impressive profit margins, its market dominance, and the geopolitical risks associated with its operations. The conversation highlights TSMC's technological advancements, particularly in AI and quantum computing, and offers insights into negotiating strategies with such a powerful supplier. Overall, this episode of Supplier Central on the Rebuild Procurement Podcast highlights the importance of partner positioning as your best bargaining chip when working with a behemoth supplier with nearly $900B in market cap like TSMC.

Join Tom and Alan on the latest episode of Rebuild Procurement as they discuss the evolving landscape of robotics and AI, exploring their applications in various industries, including agriculture and logistics. They highlight the importance of understanding the suitability of tasks for robots versus humans, the economic implications of robotics, and the impact of AI on procurement and interest rates. The discussion also touches on the challenges of measuring inflation and the need for clarity in economic data. Alan and Tom explore various themes surrounding economic predictions, transparency in data, the history of management consulting, and the evolution of procurement practices. They discuss the implications of a potential economic soft landing, the transparency of data in the U.S. compared to other countries, and the historical context of major consulting firms like McKinsey and Kearney. Learn how the 2x2 Kraljic Matrix delivers accurate supplier segmentation and helps procurement teams develop differentiated purchasing strategies.

Join Tom and Alan on the latest episode of Rebuild Procurement as they discuss space exploration and the latest advancements in technology; Insights and Alan's favorite highlights from the SIG conference; the recent launch of SpaceX's Starship, the future of space travel, and Elon Musk's innovations in robotics and AI. The conversation also highlights the significance of constructive feedback in personal growth and the dynamics of outsourcing in procurement. And finally, we wrap this episode up with a discussion on the procurement cycle and strategies for effective supplier management for category and contract managers.

Join Tom and Alan on the latest episode of Rebuild Procurement as they discuss the importance of procurement policies and the dangers of overzealous regulation. Great news as the ILA dock worker strike was resolved without any major impact to supply chain. FEMA struggles to provide the necessary aid to disaster zones with new storms on the way. Are the issues at FEMA just typical slow moving government bureaucracy, or is there more to the story? Listen in as Tom and Alan discuss the business of procurement from SIG SEG from sunny Palm Springs.

Join Tom and Alan on the latest episode of Rebuild Procurement as they discuss discuss various aspects of procurement intake and tech leaders in the procurement orchestration space to expand greater visibility in the procurement process. The potential impact of the ILA port strike on supply chains could have been catastrophic for certain export markets like perishable foods, but have thankfully been avoided. The implications of force majeure and understanding how it applies to contract management is essential.

Join Tom and Alan on the latest episode of Rebuild Procurement as they discuss the most recent advancements of OpenAI’s newest model and how it can be used for work, which is considered on par with PhD level intelligence. What is your time allocation for building systems versus normal day to day work? Alan provides some insight into his system versus day-to-day work balance. Tom tells us what it is like riding in an unmanned driverless vehicle powered by Waymo in a recent trip to San Francisco. Listen in as Tom and Alan discuss procurement on the road as they are both offsite this week.

Join Tom and Alan as they discuss the dynamics of golden handcuffs and some interesting metrics on how much you should have saved to prepare for a potential stint on the job market. The impact of globalization on job security, and the importance of saving for the future. Interesting tidbits on the release of new Apple and Google phones; Interesting considerations for outsourcing and supplier management to stay ahead of the game and constantly demonstrate value in procurement roles. The importance of evaluating supplier relationships and seeking alternative quotes to ensure cost-effectiveness by using a roadmap.