Smarter Sourcing

EP 2 — DuPont’s Miguel Gonzalez on Creating Value Through Procurement Transformation

In this episode of the Smarter Sourcing podcast, John speaks with Miguel Gonzalez, Chief Procurement Officer at DuPont. They discuss how DuPont takes a centralized approach to its procurement strategy by integrating it across the business, and how they're building supply chain resilience through redundancies and contingency plans. They also talk about their three priorities for procurement, the rising importance of ESG, and how DuPont is prioritizing employee health and wellness.
Topics discussed:
How DuPont builds supply chain resilience through redundancy and contingency plans.
The three priorities in their procurement strategy: compliance, supply security, and creating value.
Why DuPont prioritizes employee health and wellness, and how Miguel leads by example.
How they model for what's happening worldwide to anticipate changes or disruptions.
How they've structured a centralized procurement approach that integrates procurement across the business.
The rising importance of ESG and why it should be part of everyone's job.
Why procurement leaders need to think about managing indirect costs as well. 

EP 1 — Beachbody's Marc Suidan on Why Questioning Everything Leads to Better Business Outcomes

In our first episode of the Smarter Sourcing podcast, recorded at the ICR Conference, John speaks with Marc Suidan, CFO at The Beachbody Company, a health and fitness company. They discuss Marc's career evolution to CFO, what drew him to Beachbody, and how Beachbody functions as an organization — including its centralized procurement process for its nutrition arm. They also discuss the practices that make a company agile and fast-moving, how to leverage customer data for better decision-making, and the three initiatives that are propelling Beachbody into the future.
Topics discussed:
The fundamentals of The Beachbody Company, how it functions, and why Marc was drawn to become its CFO.
How tracking customer behavior is easier through a streaming platform and how Beachbody uses data to drive better outcomes.
How the centralized procurement process for Beachbody's nutrition arm works.
Why the threat of cyber attack keeps Marc up at night.
The common practices that make companies more agile, fast-moving, and successful.
The three initiatives Beachbody has focused on for its transformation.
The challenges a connected fitness company faces in terms of manufacturing, inventory, and shipping versus one with just a streaming platform.