342: Bad Buying - Tales of Waste Billions w/ Peter Smith

<p><span style="font-weight: 400;">For many years, Peter Smith wanted to write a book that was fundamentally about procurement but would appeal to a wider business audience, One that would peel back the onion on the role of procurement, with tales of what happens when good buying practices are not followed.  Following a career as a practitioner, and most latterly leading Spend Matters in the UK, Peter got to work.  The result: Bad Buying – how organizations waste billions through failures, frauds, and fk-ups. </span></p> <p><span style="font-weight: 400;">In this interview, Peter discusses:</span></p> <ul> <li style="font-weight: 400;"><span style= "font-weight: 400;">Examples of bad buying from across both the public and private sectors</span></li> <li style="font-weight: 400;"><span style= "font-weight: 400;">Whether the growth of the procurement function has become a double-edged sword</span></li> <li style="font-weight: 400;"><span style= "font-weight: 400;">Learnings that procurement professionals can apply to turn “bad” buying into “good buying”</span></li> </ul>