326: How to Build a Simple Sourcing Governance Process to Align Procurement Impact with Business Needs

<p><span style="font-weight: 400;">When it comes to governance during the sourcing process, your experience probably matches one of the following two scenarios:</span></p> <ol> <li style="font-weight: 400;"><span style="font-weight: 400;">You have a strict 7 or 8 step process, and at the end of each step you have to get an approval of some sort to move to the next.  </span></li> <li style="font-weight: 400;"><span style="font-weight: 400;">You have an approval council that wants to see proof that you checked every single box during the sourcing process.  </span></li> </ol> <p><span style="font-weight: 400;">What do these scenarios have in common? They are burdensome, create mountains of paperwork, and really slow down the process. No wonder stakeholders want to bypass procurement altogether.</span></p> <p><span style="font-weight: 400;">In this podcast, AOP Founder and Host Philip Ideson shares his easy 2-step governance process, one that he created when he was an Indirect Sourcing Manager earlier in his career. This process - and the templates required to carry it out - are part of one of the</span> <a href= "https://artofprocurement.com/mastermind/"><span style= "font-weight: 400;">AOP Mastermind</span></a> <span style= "font-weight: 400;">mini-courses that you member companies will be able to access on July 1st,.</span></p>