722: Transforming Procurement at Roche: A Roadmap for the Future w/ Patrick Foelck

"What ultimately drove all of us – leadership team, colleagues, and people in procurement – was the excitement about the future. The ability to contribute very differently to the success of the company, ultimately impacting the patient journey, is a great purpose that we have – curing and helping patients." - Patrick Foelck, Head of Strategy & Transformation and Head of Insights & Enablement Procurement at Roche How procurement prepares for the future, one that includes accelerating digital innovation, may determine whether they have a future at all.  In this episode, Philip Ideson discusses the importance, if not existential necessity, of procurement transformation with Patrick Foelck, Head of Strategy & Transformation and Head of Insights & Enablement Procurement at Roche. As Patrick said, "There must be more than running this singular, one-dimensional process and chasing the savings as a one-dimensional outcome. I think that is also our future. If we don't get out of it, or if we don't build on it, procurement will be dead to an extent, or replaced by technology or by an external party." In this episode, Patrick and Philip tackle the 'big' questions around the future of the procurement operating model and the role of procurement transformation in securing that future, while also discussing:  How to build the procurement operating model of the future, pulling together insights and enablement, delivery, business partnering, capabilities, and digitization Roche's own transformation journey and what success looks like post-transformation Defining, measuring, and achieving transformation success with KPIs beyond savings Links: Subscribe to This Week in Procurement Patrick Foelck on LinkedIn