Predicting and Achieving Cost-Savings in Procurement with Edmund Zagorin
Predicting and Achieving Cost-Savings in Procurement with Edmund Zagorin

Predicting and Achieving Cost-Savings in Procurement with Edmund Zagorin

Ahmad Jaber

36 min
Business & Finance
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<p>What does predictive procurement mean? Can you truly predict pricing? The ability to predict and achieve cost-savings in procurement and supply chain is where there’s often a gap. How do you make an accurate prediction based on data and then&nbsp;<em>achieve</em>&nbsp;it? Edmund Zagorin, the founder of Bid Ops, shares how you can make accurate predictions and achieve the elusive cost savings in this episode of Negotiations Ninja.&nbsp;</p><h2>Outline of This Episode</h2><ul><li>[2:05] Learn more about the history of Bid Ops</li><li>[5:26] Major issues procurement organizations face</li><li>[6:55] How to source talent from within your organization</li><li>[10:57] Opportunities for procurement in 2022</li><li>[13:33] How to build in cost certainty</li><li>[19:18] Predicting and achieving savings in procurement</li><li>[24:06] Achievement of predictions using technology</li><li>[28:51] Learn more about Bid Ops’ conference: Optimal ’22</li></ul><h2>Resources &amp; People Mentioned</h2><ul><li>Optimal 2022:&nbsp;<a href="https://bidops.com/events/optimal-register/" rel="noopener noreferrer" target="_blank">The Leadership Summit for Predictive Procurement</a></li><li><a href="https://www.tealbook.com/" rel="noopener noreferrer" target="_blank">TealBook</a></li><li><a href="https://www.salesforce.com/" rel="noopener noreferrer" target="_blank">Salesforce</a></li><li><a href="https://www.amazon.com/Predictable-Revenue-Business-Practices-Salesforce-com/dp/0984380213" rel="noopener noreferrer" target="_blank">Predictable Revenue</a>&nbsp;by Aaron Ross and MaryLou Tyler</li></ul><h2>Connect with Edmund Zagorin</h2><ul><li><a href="https://bidops.com/" rel="noopener noreferrer" target="_blank">Bid Ops</a></li><li>Connect on&nbsp;<a href="https://www.linkedin.com/in/edmund-zagorin-41291b13/" rel="noopener noreferrer" target="_blank">LinkedIn</a></li><li>Follow on&nbsp;<a href="https://twitter.com/elizeyaquate" rel="noopener noreferrer" target="_blank">Twitter</a></li></ul><h2>Connect With Mark</h2><ul><li>Follow Negotiatio

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