Revolutionising Procurement: What needs to change in the industry?

Cultural Change in Procurement: Embracing Risk and Innovation

In this episode of Procurement with David Kershaw, Sam Markey discusses the intersection of procurement, innovation, and public services. He shares insights from his experience in local government and the importance of understanding historical context to inform future decisions. The conversation explores the role of AI in public services, the significance of place leadership, and the need for cultural change in procurement practices. Markey emphasizes the shift from a spending mentality to an investment mindset, highlighting the potential for collaboration to drive local economic growth and community engagement. Takeaways Innovation in public services is crucial for future growth. Understanding history helps inform better decision-making today. AI can significantly enhance public sector productivity. Place leadership requires collaboration among various stakeholders. Procurement should be viewed as a strategic tool, not a necessary evil. Cultural change is needed to embrace informed risk in procurement. Investment in category-specific knowledge is essential for impact. Storytelling can foster community cohesion and learning. Public procurement can drive local economic growth and social value. Engaging the market early is vital for successful procurement outcomes.

AI and Procurement: A New Era of Collaboration

In this episode, David Kershaw discusses the intersection of AI and procurement with experts Warren Smith and Nathan Davies. They explore the rapid evolution of AI technology, its implications for procurement practices, and the importance of collaboration and community in navigating this new landscape. The conversation highlights the need for transparency, standards, and anticipatory approaches to ensure that procurement professionals can effectively leverage AI to enhance public services. Takeaways: * AI is rapidly evolving and impacting procurement practices. * The importance of historical context in understanding AI's role. * Procurement must adapt to support innovation and technology adoption. * Communities of practice are essential for sharing knowledge and experiences. * Transparency and ethical considerations are critical in AI procurement. * Standards are necessary to guide AI implementation in procurement. * Future generations must be included in AI governance discussions. * The procurement profession needs to raise its profile and engage early in projects. * Legal frameworks must evolve to accommodate new technologies. * Collaboration between public and private sectors is vital for successful AI integration.

Revolutionising Procurement: What needs to change in the industry?

In this episode of Procurement with David Kershaw, David speaks to his long-time colleague and Director of Insight, Impact and Innovation for Posterity Global, Warren Smith. David and Warren take some time to discuss the evolution of procurement practices over the course of their careers, emphasising the need for innovation, collaboration, and a focus on public value. They explore the challenges faced in traditional procurement methods, the importance of engaging with the market, and the role of digital transformation. The conversation also touches on the significance of contract management, intergenerational wellbeing, and the future of procurement leadership. Visit our website for more information www.posterity.global [https://www.posterity.global] Or get in touch with the team here [https://www.posterity.global/contact-us].

Welcome to Procurement with David Kershaw

In this inaugural episode of the Procurement podcast, David Kershaw discusses the purpose of the podcast, the importance of public procurement, and the opportunities and challenges it faces today. Joined by Sean Miller, they explore the impact of political changes, the role of AI in procurement, and the foundational principles that guide effective procurement practices. David shares his career journey and the vision behind his new venture, Posterity Global, aimed at enhancing public procurement for the future. Takeaways * Public procurement is a significant area, with $14 trillion spent annually. * The podcast aims to make procurement more accessible and engaging. * AI can enhance procurement processes and improve job satisfaction. * Openness, fairness, and transparency are essential in public procurement. * Procurement is not just about contracts; it's about delivering value. * David's career spans various sectors, enhancing his procurement expertise. * Posterity Global focuses on future-oriented public procurement. * Political changes can significantly impact procurement strategies. * Community engagement is vital for effective procurement practices. * The podcast will explore various procurement topics in future episodes.

Trailer

Procurement with David Kershaw is a podcast dedicated to looking at the world of public sector procurement; what's working, what isn't, where have we been, and where are we going? David Kershaw, founder and managing director of Posterity Global [https://PosterityGlobal], will be bringing together members of his team and guests from across the entire sector to have discussions that maybe can't be had by others working in public sector procurement