Enhancing Procurement Strategies
How are procurement and IT leaders addressing the growing challenges of cybersecurity in 2024?
In this episode, Scott W. Luton is joined by Richard McVay, Senior Director and IT Telecom Subject Matter Expert at Omnia Partners, to dive into the increasingly complex world of procurement technology and cybersecurity. With cyber threats like ransomware and third-party breaches on the rise, Richard shares how businesses can protect their operations while optimizing procurement strategies.
The discussion covers real-world examples of how companies are leveraging advanced procurement tools to streamline processes, safeguard sensitive data, and improve decision-making. Richard also emphasizes the importance of bridging the gap between IT and procurement, the cost of running RFPs, and why aligning these functions is essential to staying competitive.
This episode is hosted by Scott Luton and produced by Amanda Luton and Katherine Hintz.
Additional Links & Resources
Check out all the great resources and information mentioned during the show:
- Watch on YouTube: https://youtu.be/VjmborzKgJE
- Connect with Richard: https://www.omniapartners.com/solutions/industry-experts/it-telecom
- Become a member: https://www.omniapartners.com/get-started/membership/industry
- Maximizing Solutions with Group Purchasing Video: https://www.omniapartners.com/resources/videos/maximizing-it-solutions-with-group-purchasing
- How purchasers can protect businesses from impending cyber threats blog post: https://info.omniapartners.com/resources/insights/how-purchasers-can-protect-business-from-impending-cyber-threat
- Connect with Richard on LinkedIn: https://www.linkedin.com/in/mcvayrichard/
- Learn more about OMNIA Partners: https://www.omniapartners.com/
-
Learn more about our hosts: https://supplychainnow.com/about
Want more Supply Chain Now?
We know you can’t get enough Supply Chain Now! Don’t miss a single episode, livestream, or webinar:
- Watch and listen to more Supply Chain Now episodes here: https://supplychainnow.com/program/supply-chain-now
- Subscribe to Supply Chain Now on your favorite platform: https://supplychainnow.com/join
- Connect with the Supply Chain Now community and programming: https://linktr.ee/Supplychainnow
- Work with us! Download Supply Chain Now’s NEW Media Kit: https://bit.ly/3XH6OVk
- UPCOMING WEBINAR- Creating the Unified Supply Chain Through the Symbiosis of People and Technology: https://bit.ly/3XDtrej
- UPCOMING WEBINAR- Defending Your Business from Ransomware and Cyber Threats: https://bit.ly/4d0VGcf
- UPCOMING WEBINAR- End-to-End Excellence: Integrating Final Mile Logistics: https://bit.ly/3ZlpE7U
- UPCOMING WEBINAR- AI for SMBs: Unlocking Growth with Netstock’s Benchmark Report: https://bit.ly/3AWtoCD
- UPCOMING WEBINAR- The ABCs of Cargo Security and Loss Prevention: https://bit.ly/3zAirpT
- UPCOMING WEBINAR- Future-Proof Your Logistics: AI-Powered Solutions for Competitive Edge: https://bit.ly/3BouB5E
- Check out all upcoming Supply Chain Now Events: https://supplychainnow.com/events/
- For everything else, start here: https://supplychainnow.com
More Podcast Episodes
agility
Podcast
April 9, 2025
How New Tariffs Might Disrupt the Electronic Component Supply Chain
In this episode of Supply Chain Now, hosts Scott Luton and Marty Parker welcome Justin Sears, Head of Product Marketing for SaaS at Altium, to explore how manufacturers can stay resilient amid rising tariffs, supply chain disruptions, and evolving global risks. Justin shares how his career journey—from early SaaS solutions to leading cloud-based collaboration tools for electronics design—has shaped his approach to visibility, agility, and innovation. Together, they unpack the complex impact of new tariffs on electronic components, why just-in-time is being replaced by just-in-case, and how companies are shifting procurement strategies to adapt. Justin also talks about the role of cloud platforms like Altium 365 in improving real-time collaboration across design, procurement, and manufacturing—bridging gaps, reducing errors, and increasing speed to market. This episode is hosted by Scott Luton and Marty Parker, and produced by Amanda Luton, Trisha Cordes, and Joshua Miranda. Additional Links & Resources Check out all the great resources and information mentioned during the show: Watch NOW on YouTube Connect with Justin Sears Read more on the Altium 365 Supply Chain Management webpage Check out the Altium BOM Portal Check out Altium Stories on YouTube Learn more about our hosts Want more Supply…
data
Podcast
February 17, 2025
Analysis of the U.S. Bank 2024 Q4 Freight Payment Index
In this episode of Supply Chain Now, hosts Scott W. Luton and Kim Reuter are joined by freight industry experts Bobby Holland, Director of Freight Business Analytics at U.S. Bank, and Ken Adamo, Chief of Analytics at DAT Freight & Analytics. Together, they break down the latest U.S. Bank Freight Payment Index and what it reveals about the current state of the freight market. Bobby and Ken share data-driven insights on key industry trends, including sluggish manufacturing, shifts in freight demand, and the impact of tariffs on cross-border shipments. They also discuss the balance between supply and demand, regional freight challenges, and how businesses can use data to navigate economic uncertainty. For logistics professionals, shippers, and supply chain leaders, this episode provides actionable intelligence on market conditions, freight costs, and what to expect in 2025. This episode is hosted by Scott Luton and Kim Reuter, and produced by Amanda Luton and Trisha Cordes. Additional Links & Resources Check out all the great resources and information mentioned during the show: Watch on YouTube Download the U.S. Bank Q4 2024 Freight Payment Index Connect with Bobby Connect with Ken Learn more about U.S. Bank Learn more about DAT Freight…