Telia's CPO Nicolas Passaquin Reveals All | Procurement excellence

Join us for an electrifying episode of the Procurement MasterMind Podcast™ featuring Nicolas Passaquin, the Chief Procurement Officer of Telia.
Dive deep into the world of procurement excellence as Nicolas unravels the intricacies of setting up and running a procurement center of excellence (COE). With his extensive background in supply chain management and transformative work at Telia, Nicolas shares invaluable insights and real-world examples that will leave you inspired and informed.
In this episode, we explore:
The Essence of a COE: Nicolas defines what a center of excellence means to him and explains why it's essential for modern procurement.
Justifying the COE: Learn about the strategies and "secret sauce" behind getting a COE funded, despite not directly negotiating cost reductions.
Scope and Boundaries: Discover the activities within and beyond the scope of a COE and how to draw the line on what procurement professionals should handle.
Challenges and Benefits: Nicolas discusses the biggest challenges and benefits of running a COE, sharing compelling stories and examples.
The AI Revolution: From AI-driven bids to contract management, explore where AI in procurement is headed and how it might augment COE models.
Change Management: Delve into the challenges of change management and the strategies Nicolas uses to bring people along on the journey.
Regulatory Compliance and Sustainability: Understand how Telia's COE drives regulatory compliance and sustainable supply chains.
Business Unit Alignment: Learn how the COE helps improve alignment and engagement between business units and procurement.
Advice for Aspiring CPOs: Nicolas shares his biggest piece of advice for CPOs looking to justify and establish a successful COE.
Career Advice: Get Nicolas’s top tips for those aspiring to become a CPO of a major company in the future.
This episode is packed with expert advice, strategic insights, and practical tips that you won't want to miss. Tune in to learn from one of the industry's leading voices and elevate your procurement game to the next level.
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[@PranavRaghu-so2du]

Getting COE funded in procurement org is really a tough bite. It's definitely viewed as overhead costs at many places. Yet I agree this will change in near future, provided we can 10x results

[@saandeepvdandekarr]

❤👍

[@ramakrishnans2050]

Great Insights!