Source Code
Spencer Penn, CEO and Co-Founder of LightSource, hosts conversations with procurement and supply chain leaders, operators, and builders about the realities of direct materials sourcing. The podcast covers tradeoffs, hard-earned lessons, and the future of an increasingly complex supply chain. It is aimed at anyone involved in building, sourcing, or managing supply chains.
Episodes
Jim Nelles, Supply Chain & Procurement Executive - Why Procurement Should Be a Profit Center
In this episode, we sit down with Jim Niles, a supply chain and procurement executive with leadership experience across major companies and private equity. Jim shares how he found his way into procurement and why the function can create major value for a business. He explains why private equity firms increasingly look to procurement to improve EBITDA, how teams can uncover cost-saving opportunitie
Spencer Penn, CEO at LightSource - What AI Means for the Future of Procurement
In this special episode, the tables are turned as Spencer Penn, CEO of LightSource and usually the one asking the questions, takes the guest seat with Aaron McMillan, Editor of Procurement Magazine. Together, they look back at what AI actually changed in procurement over the past year and what could be coming next in 2026.Spencer shares his bold prediction that 50% of white-collar jobs could be au
Chris Chandler, Founder & Managing Partner at Creovia Group - How Procurement Creates Value in Private Equity
In this episode, we sit down with Chris Chandler, founder and managing partner of the Creovia Group, to explore how procurement creates value inside companies and private equity portfolios. Drawing from his experience across General Motors, Kellogg’s, Dr Pepper Snapple, MoneyGram, and the private equity world, Chris shares why strong procurement goes far beyond negotiating prices. He explains why
Doug Johnson, VP, Global Supply Chain at Emerson - 34 Years of Supply Chain Leadership
In this episode, we sit down with Doug Johnson, former VP of Global Supply Chain at Emerson, to explore the lessons he learned from more than three decades leading global supply chain and procurement teams. Doug shares how an unexpected career path led him to the top, why great leaders spend more time listening than talking, and how the right culture and people matter more than compensation. He al
Victoria Folbigg, CEO of Folbigg Consulting & AI Procurement Academy Co-Founder - Why AI Won't Replace the Best Procurement Professionals
In this episode, we sit down with Victoria Folbigg, CEO of Folbigg Consulting and co-founder of the AI Procurement Academy, to explore how artificial intelligence is changing the future of procurement. Drawing from decades of leadership at companies including Procter & Gamble, Barclays, and SAP Ariba, Victoria shares why the biggest opportunity isn't simply adopting AI, but understanding
Shashi Mandapaty, Chief Procurement Officer, Former Johnson & Johnson Executive - Lessons From Leading Global Procurement
In this episode, we sit down with Shashi Mandapaty to explore a journey that goes far beyond procurement. After leading global procurement at one of the world's largest healthcare companies, Shashi is now helping build what could become the world's largest cancer biorepository in India. As a stage four cancer survivor himself, he shares how personal experience, business leadership, and h
Rick McDonald from Clorox - The $7B Cyber Attack That Exposed Real Leadership
Rick McDonald spent decades inside one of the most complex parts of business, the part most people only notice when something breaks. At Clorox, that break came in the form of a cyber attack that forced the company to operate without normal systems for months. Suddenly, procurement, payments, planning, manufacturing, and supplier communication became a test of trust, speed, and judgment.His story
Jason Busch Former CEO of Spend Matters - Will AI Make Procurement Obsolete?
Jason Busch makes a strong case that procurement was never really about the auction. The auction was just the visible moment. What actually drove results was everything leading up to it and everything that followed, how clearly the requirements were defined, how well suppliers were prepared, and whether the business could turn a negotiated number into something real.What makes Jason interesting in
Danny Wang, former SVP at Canada Goose on Consulting, Sourcing, and Supply Chain Trust
Danny Wang shows why great procurement is not about chasing the lowest price or hiding behind process. It is about knowing what really matters, asking better questions, and making decisions that actually work in the real world.Danny has built his career across contract manufacturing, consulting, retail, apparel, and hospitality, with experience at Accenture, Walmart, Canada Goose, Aqor, and Effici
Mitzi Campbell, CPO from International Paper: How AI Is Reshaping Procurement Leadership
Mitzi Campbell shows why procurement is no longer about process, cost savings, or sitting behind a desk. It is about relationships, judgment, and the ability to operate beyond what automation can replace.Mitzi is the Chief Procurement Officer at International Paper, with over 30 years of experience across industry and consulting. She has worked with global organizations, led transformation initiat
Pierre Mitchel, ProcureTech Analyst |- Will AI Replace Procurement Teams? The Future of Spend Analytics and Automation
Pierre Mitchell has spent years helping companies understand one of procurement’s biggest challenges: knowing exactly where their money is going. Even today, many teams still struggle with clear spend visibility, which makes it harder to find savings, manage risk, and make better decisions.In this episode, Pierre breaks down why spend analytics is still difficult, why AI is changing procurement, a
Nico Orduz from Time Manufacturing - Why Procurement Should Be Involved From Day One of Product Development
Nico Orduz shows why strategic sourcing is not just “get it cheaper.” It is getting involved early, protecting the business, and making trade offs you can stand behind before the design locks you into the wrong costs and the wrong suppliers.Nico is the Global Director of Strategic Sourcing at Time Manufacturing. He built the function from scratch, grew a full team, and learned that the job is as m
Nels Hinderlie - What Sales Professionals Wish Procurement Teams Knew
Nels Hinderlie explains why enterprise selling is not only about moving a deal to signature. It is about working through procurement the right way, creating alignment across the people involved, and helping companies understand the real value of a solution while they weigh risk, process, and internal scrutiny.He has spent over a decade in software sales across tech and digital protection, giving h
Kris Stasukaitis from Shure - How Great Procurement Teams Manage Risk Before Problems Happen
Kris Stasukaitis shows why procurement is not just about finding a lower price. It is about protecting the business, building the right supplier base, and making smart sourcing decisions before risk, quality issues, or supply disruption turn into much bigger problems.Kris is the Associate Director of Mechanical Commodity Management at Shure. With nearly two decades at the company and years of cons
Source Code | Direct Materials. Real Talk.
Source Code is where procurement and supply chain leaders get real about direct materials sourcing. Spencer Penn talks with operators and builders about the decisions that matter, the tradeoffs that sting, and where the industry is actually headed. If you're building, sourcing, or trying to make sense of a supply chain that won't stop getting more complex, this is the show. New episodes
