{"version":1,"type":"rich","provider_name":"Libsyn","provider_url":"https:\/\/www.libsyn.com","height":90,"width":600,"title":"869: The Modern Operating Model: Building a Lean, High-Value Procurement Team W\/ Stephen Rauf","description":"\u201cDon\u2019t overvalue the top procurement spot, and don\u2019t undervalue the tools and the budget required. It\u2019s an ecosystem.\u201d - Stephen Rauf, Global Head of Indirect Procurement, Zoetis Delivering more value with fewer resources is an easy thing to want, but tough to execute consistently over time\u2026 unless procurement rethinks their entire approach, from operating model and team structure to technology and stakeholder influence. In this episode, Philip Ideson speaks with Stephen Rauf, Global Head of Indirect Procurement at Zoetis, the world\u2019s leading animal health company. Stephen unpacks how he has steered a lean, high-impact team through transformation, why \u201cbuild vs. buy\u201d is a weekly question, and what it takes to create true business partnership \u2013 while surfacing next-gen use cases for AI.&amp;nbsp; In this episode, Stephen shares his point of view on: -Building nimble procurement teams that can punch above their weight -Moving from managing spend to shaping demand with stakeholders -Using tech \u2013 and especially AI \u2013 to enable rather than overwhelm -Deciding when to build internal strength vs. partnering for expertise -Measuring a broader spectrum of procurement value, not just cost savings &amp;nbsp; Links: Stephen Rauf on LinkedIn: https:\/\/www.linkedin.com\/in\/stephenrauf\/&amp;nbsp; Subscribe to the AOP Newsletter:  https:\/\/resources.artofprocurement.com\/art-of-procurement-podcast-subscribe&amp;nbsp; Subscribe to Art of Procurement on YouTube: https:\/\/www.youtube.com\/@ArtofProcurement&amp;nbsp; &amp;nbsp; ","author_name":"Art of Procurement","author_url":"http:\/\/artofprocurement.com","html":"<iframe title=\"Libsyn Player\" style=\"border: none\" src=\"\/\/html5-player.libsyn.com\/embed\/episode\/id\/41549765\/height\/90\/theme\/custom\/thumbnail\/yes\/direction\/forward\/render-playlist\/no\/custom-color\/88AA3C\/\" height=\"90\" width=\"600\" scrolling=\"no\"  allowfullscreen webkitallowfullscreen mozallowfullscreen oallowfullscreen msallowfullscreen><\/iframe>","thumbnail_url":"https:\/\/assets.libsyn.com\/secure\/item\/41549765"}