31 min listen
PATRICK OR TREAT?: Why the Direct Material Sourcing Space Merits More Attention from the Analysts with Patrick Reymann
PATRICK OR TREAT?: Why the Direct Material Sourcing Space Merits More Attention from the Analysts with Patrick Reymann
ratings:
Length:
32 minutes
Released:
Apr 5, 2023
Format:
Podcast episode
Description
Patrick Reymann is in the What the Duck?! Hot seat today. Sarah and Patrick delve into why the direct material sourcing space merits more attention from the analyst community. Patrick is an Enterprise and Procurement Applications Analyst for IDC is highly interested in the attributes that are most meaningful to buyers. After spending over 20 years as a sourcing and procurement consultant he moved over to the analyst world. Learn all about the ins and outs analyst community, what they do and the impact they have on direct materials sourcing. Show Highlights Cycling, Sports, and Woodworking Fanatic Career Beginnings in the U.S. Air ForceMoving into Consulting Direct Materials Procurement LearningsAnalysts Ignore Direct Materials SourcingFrom Consultant to Analyst – What do they do? Technology Trends MOMENTS TO DUCK AROUNDPATRICK: Learnings over the years in Direct Materials Procurement "All of the global upheaval that we've had over the past couple of years has really shown a light on the direct side. You know, when we talk about all the supply chain challenges that we're all very familiar with, we're not talking about challenges on the indirect side. We're not talking about people couldn't get laptops and people couldn't get complimentary workforce labor or office supplies. No, we're talking about direct. So, you know, in that vein, it's been as difficult as the past couple of years have been. It's really elevated the position of the supply chain practitioner and, in particular, direct practitioners. And so, we collectively have a much larger seat available. Our voice carries more weight today than it did three years ago, and it's time to take advantage of that."PATRICK: Technology Trends in the Direct Space “Automation and the infusion of what I call intelligent decision support tools, everybody is looking at that for so many reasons, just the workforce challenges is one reason. We have a number of surveys that talk about how entities are utilizing these intelligent systems because they're challenged from a staffing perspective. Automation is absolutely a desired attribute for so many buyers.”
Released:
Apr 5, 2023
Format:
Podcast episode
Titles in the series (92)
WHAT THE DUCK?! Get to Know Sarah Scudder: WHAT IN THE ACTUAL DUCK IS THIS SHOW ALL ABOUT?!?! Sarah Scudder kicks off her show by letting people know who she is, what she does, and what in the world is on her mind on launching this podcast. Sarah is the CMO of SourceDay, but she is so much more than that. Get to know more about her with guest host Sheyna Webster, in this first-ever episode of the What The Duck?! podcast! Show Highlights: What makes Sarah, Sarah Young passion for fashion Why launch a supply chain podcast? What to expect in the podcast? Direct vs. Indirect spend The guests to expect What keeps Sarah busy Sarah's best accomplishment Quotes: Sarah - Career at SourceDay: “One of the things that I'm most excited about in joining the team is our focus on direct spent the first part of my career I spent on the indirect side.” Sarah - Provide what is useful: “I think the more that you can provide useful, valuable insights to buyers and people in the supply chain, the more by What the Duck - Another Supply Chain Podcast