Predicting and Achieving Cost-Savings in Procurement with Edmund Zagorin

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This is a podcast episode titled, Predicting and Achieving Cost-Savings in Procurement with Edmund Zagorin. The summary for this episode is: <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 Negotiations Ninja on Twitter:&nbsp;<a href="https://twitter.com/NegotiationPod" rel="noopener noreferrer" target="_blank">@NegotiationPod</a></li><li>Connect with Mark&nbsp;<a href="https://www.linkedin.com/in/markraffan/" rel="noopener noreferrer" target="_blank">on LinkedIn</a></li><li>Follow Negotiations Ninja&nbsp;<a href="https://www.linkedin.com/company/negotiations-ninja-podcast" rel="noopener noreferrer" target="_blank">on LinkedIn</a></li><li>Connect on Instagram:&nbsp;<a href="https://www.instagram.com/negotiationpod/" rel="noopener noreferrer" target="_blank">@NegotiationPod</a></li></ul><p><a href="https://plinkhq.com/i/1300435924" rel="noopener noreferrer" target="_blank"><strong>Subscribe to Negotiations Ninja</strong></a></p>

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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 achieve 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.