Business Transformation Leader Tony Gainsford joins us to explain how he used Supplier Collaboration, Process Mining and Automation Tolerances to drive successful procurement transformation at Molex.

Guest: Tony Gainsford – Business Transformation Leader, Molex

Host: Sarah Nelson – Senior Solution Advisory,SAP Finance & Spend

Host: Erik Derenne – Director, Strategic Solution Advisory, SAP Finance & Spend

Host: Justin Morse – Vice President, Solution Advisory, SAP Americas, Finance & Spend

Oftentimes people think of a business transformation or a procurement transformation as simply a technology project. That the best way to transform and improve the way the business runs is to just find newer software, with fancier bells and whistles, and that alone will solve all the issues, improve all the KPIs, and drive value for the organization.

And if that still doesn’t deliver the expected ROI, the expected results? What next?

Our guest today is Tony Gainsford, Business Transformation Leader at Molex. Tony has spent decades running successful transformation programs at Molex and knows first-hand what it takes to avoid common transformation pitfalls and achieve desired outcomes. In fact, Tony led an effort to digitize collaboration with all their Suppliers across the entire order-to-pay process through the SAP Business Network and strengthened the relationship with his Suppliers in the process.

Tony highlighted just how important it is to have a solid vision before beginning a transformation project and the need to be flexible along the way as new information is uncovered. He reflected on the benefits of using process mining and data mining tools to identify the gaps, bottlenecks and workarounds and how changes to the configurations, tolerances, rules and processes can turn issues into competitive advantages. The biggest revelation is that even in this age of AI, automation and digitization, the human relationship is still a vital component of the transformation process.

So, let’s dive in, and don’t forget to like, share, and subscribe. I am your host Erik Derenne, and you’re listening to The Future of Procurement Podcast.

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