Blog Layout

Anyone for a Steam Powered Tesla?

Richard Beaumont • 10 April 2023

New Tech won't fix a broken Process

Anyone for a steam-powered Tesla?


At a recent Procurement Conference I offered delegates the chance to buy a steam powered Tesla; there weren’t many takers. But in the world of Procurement Transformation, it seems there is quite a demand. 


Perhaps I should explain?


Every procurement team is going to digitize. Whether this means the first tentative steps or a full-blown upgrade, the logic is the same: As Procurement Leaders the change from ‘Buying' to ‘Strategic Procurement’ requires us to consider what changes we need in the capability of our teams (this is No1 and I will come back to this in the next article), the Process we follow and the quality of our Data.

With these three sorted we can set about selecting the right eTool(s) to help us accelerate the transformation.


Ok, so where does the steam come into it?


Process.


Every business has a procurement process and they come in the business's own unique flavour. So often, when we look for an eTool, we decide on the one we like and then spend time and money changing the eTool so it follows our old process.

So here’s the steam-powered Tesla: 150 years ago the steam train and railway was the internet. It enabled travel, trade, communication in a way that was faster, safer and more efficient than ever before. Today we can achieve the better travel in an electric car. So we buy a Tesla, which right now is about as good as it gets. Do we put coal in the boot, a couple of jerrycans of water on the back seat and jab the dashboard with a poker to get going? 


No! We press the button and use the integrated system to drive. Why would you use it the way we had to use a steam train?

So, I asked the delegates: “why wouldn’t you simply adopt the process and experience that came with the eTool, just like you would simply use the Tesla?”


After all, how many of us have written to Amazon to say “listen guys, we love your service and platform but could you just change it to make sure we have to do the bit where we go to the shops, pay in cash and drive the purchase home?”


Of course there might be the odd thing you do need to add... for example if you need certificates to prove origin or quality and your preferred eTool doesn’t yet have this feature then we need to challenge the supplier to fix it. But this should be the exception, not the rule.


No-one wants a steam-powered Tesla; so why keep your old way of working when you are transforming to the future by insisting your eTool uses your old process?


by Richard Beaumont 1 September 2023
Changing currency is a bumpy ride for Procurement
by Richard Beaumont 21 August 2023
Cost focus is no longer enough, it’s time for a new tool - meet the TripleTCO™
by Richard Beaumont 18 August 2023
This is a subtitle for your new post
by Richard Beaumont 27 July 2023
How can you deliver greater Value in Software Procurement?
by Richard Beaumont 27 July 2023
Finance and Procurement can really make this work for you!
by Richard Beaumont 27 July 2023
So your Data is terrible? You need to Fix it!
by Richard Beaumont 27 July 2023
3 Ways to have Fun and be Awesome!
by Richard Beaumont 5 May 2023
Is Procurement a BMX?
by Richard Beaumont 26 April 2023
What can we do to make sure our Business Cases are credible?
What environmental regulation means for Finance & Procurement
by Richard Beaumont 10 April 2023
Businesses will need to invest in sustainability reporting and due diligence processes and may need to rethink their supply chain strategies to meet the requirements of the triple whammy of Scope 3, ISSB Sustainability Reporting Standards and the German Supply Chain Act. It will almost certainly require a "Team Effort" from Finance and Procurement to achieve it. The good news is that taking action to address these issues will bring benefits, such as enhanced brand reputation, increased stakeholder trust, and improved operational efficiency
More posts
Share by: