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The Future of Procurement Innovation: Chris Garwood's Game Plan at BP This episode explores the future of procurement, focusing on the impact of technology, sustainability, and strategic partnerships. It covers how digital innovation is transforming procurement processes, the challenges of regulatory compliance, and the role of AI in enhancing efficiency. The discussion also highlights the importance of supply chain resilience, improving the buying experience, and leveraging data-driven insights to drive business value. Host: Herman Knevel, CEO, DPW Guest: Chris Garwood, VP Supply Chain, bp 00:00 Introduction 00:59 Key Sessions and Inspiration from Paul Polman 02:00 Chris Garwood’s Role at bp 03:18 The Role of Technology in Procurement 04:02 Balancing Tech-Savviness with Expertise 04:33 Key Challenges in Procurement at bp 06:39 Navigating Regulatory Changes and Sustainability Compliance 08:47 bp’s Digital Garage: Driving Innovation 11:06 The Digital Garage Workflow and Implementation 13:31 Transforming the Buying Experience with New Technologies 13:53 The Complexity of BP’s ERP Landscape 16:56 The Role of Partnerships in Procurement 20:58 AI in Procurement and Future Opportunities 22:46 AI’s Impact on Procurement Roles and Skills 23:54 Supply Chain Risk and Sustainability Concerns 25:29 The Evolving Role of Procurement 26:39 Closing Remarks and Future of DPW Website: https://conference.dpw.ai/ Follow us on social media: LinkedIn - / digital-procurement-world Instagram - / digitalprocurementworld Facebook - / digitalprocurementworld X - / dpwhq #dpwamsterdam #digitalprocurement #procurement