
812: Procurement's Path Through an Era of Polycrisis W/ Baber Farooq
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About this listen
“The greatest challenge facing the world today isn't tariffs or monetary uncertainty – it's stagnating productivity.” - Baber Farooq, Senior Vice President, Product Marketing SAP Ariba & SAP Fieldglass
Navigating today's interconnected global business landscape has thrust procurement directly into the heart of strategic risk management. Supply chain disruptions, new AI-driven realities, looming ESG regulations, and shifting diversity initiatives pressure leaders to redefine procurement’s strategic impact.
In this episode, Baber Farooq, Senior Vice President, Product Marketing SAP Ariba & SAP Fieldglass, joins Philip Ideson to unveil pivotal findings from the latest SAP Economist Impact report: “The Resilient Edge: Procurement in an Era of Polycrisis.”
Baber shares why procurement leaders everywhere must proactively align their operating models to evolving global challenges – especially in preparation for generative AI, stringent sustainability standards, and shifting supply chain landscapes.
Baber covers how to:
- Navigate escalating supply chain and geopolitical risks
- Prepare teams for an inevitable AI-driven procurement environment
- Prioritize ESG initiatives to anticipate regulatory impacts effectively
- Apply advanced spend analytics to move beyond simple reporting and drive actionable insight
Links:
- Baber Farooq on LinkedIn
- Optimizing Procurement’s Source-to-Pay Strategy
- Bridging the Confidence Gap to Achieve the Best Business Outcomes
- Learn more about SAP
- Subscribe to This Week in Procurement
- Subscribe to Art of Procurement on YouTube