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Rich Sains

CEO at Acada

London, United Kingdom

CEO and founder of Acada - a procuretech firm with a mission to make life easier for procurement professionals.

Available For: Advising, Consulting, Speaking
Travels From: London
Speaking Topics: Digital Procurement, Procurement Transformation, Future of Procurement

Speaking Fee $3,500 (In-Person)

Rich Sains Points
Academic 0
Author 70
Influencer 5
Speaker 1
Entrepreneur 20
Total 96

Points based upon Thinkers360 patent-pending algorithm.

Thought Leader Profile

Portfolio Mix

Company Information

Company Type: Company
Theatre: Global
Media Experience: 6 years

Areas of Expertise

Agile 30.08
Analytics
Business Strategy 30.12
Climate Change
Cloud
Cybersecurity
Digital Disruption
Digital Transformation 31.08
Emerging Technology
Entrepreneurship
FinTech
Future of Work
Leadership
Lean Startup 30.30
Legal and IP
Management
Mergers and Acquisitions
Procurement 35.12
Retail
Startups
Sustainability 36.47
COVID19 31.16
AI 30.01
Innovation 30.09
Supply Chain 30.40
Customer Experience 30.15
Project Management 34.74
Mental Health 30.16
Marketing 30.06

Industry Experience

Consumer Products
Financial Services & Banking
High Tech & Electronics
Hospitality
Media
Professional Services
Retail
Telecommunications

Publications

28 Article/Blogs
Let's Make Everyone Procurement!
Procurement Weekly
August 19, 2022
Outside of Procurement, who really understands what Procurement does?
If we're honest, the dark arts of Procurement are only fully understood by practitioners.
Stakeholders switch off as soon as we talk in 'Procurement Speak'.
Unfortunately, this holds us back, meaning we aren't delivering the right level of value for our organisations.

See publication

Tags: Procurement

The RFP is Dead – Long Live Agile Sourcing!
Acada
August 12, 2022
The RFP has been Procurement’s approach to managing complex sourcing for many years, providing comfort that a rigorous and objective process has been run to select a supplier.

Many months of effort on all sides go into writing lengthy sets of requirements, asking and answering questions, crafting beautiful documentation and scoring.

We talk about ‘what’ we want suppliers to do and ‘how’ we want them to do it, judging them on how close they come to our singular view of the world.

We rarely provide more than a paragraph of ‘why’ we need this or what we want to achieve.

But is an RFP the most effective way of choosing the right supplier for the job?

See publication

Tags: Agile, Procurement, Supply Chain

Realising Procurement's Potential
Procurement Weekly
July 29, 2022
Realising Procurement's Potential
Succeeding in the War for Talent
Digital Procurement - Putting People, Processes and Data First
Latest podcast episode with David Loseby

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Tags: Procurement, Agile

Inflation busting tips and self-service
LinkedIn
May 13, 2022
With double-digit inflation in some categories, having a strategic approach to mitigating the impact on your organisation is vital. By working through a structured process with all your existing supply base, you can simplify and speed up your review process.

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Tags: Digital Transformation, Procurement

Procurement Weekly - #1
Procurement Weekly
February 18, 2022
Hi - and welcome to Procurement Weekly! In this Newsletter I give Procurement Professionals and Leaders five things every week which are quick to read and useful - content which is thought-provoking, helpful but most importantly: actionable.

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Tags: Digital Transformation, Sustainability, Procurement

How's the 'Great Resignation'​ affecting Procurement?
LinkedIn
January 28, 2022
Either the pandemic has led us to reevaluate, with many striking a better balance between work and family, or we may be seeing the result of pent-up demand after more than a year of repeated lockdowns and uncertainty. Either way, the result is the same. Job vacancies rose to record highs at the end of last year as employers struggled to attract new workers.

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Tags: Procurement, Marketing, Project Management

My journey to Strategic Procurement
LinkedIn
January 23, 2022
I'm a child of the 1980s and it was clear from an early age that I'd go into tech. I was very curious about how things work and I would walk off whilst at the shops, ending up in the window display after following power cables. Getting my first Sinclair Spectrum at home and working with BBC BASIC at school got me into coding - it was a very manual and frustrating process but ultimately very rewarding to see basic images appear on a screen based on your instructions.

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Tags: Innovation, Procurement, Project Management

Sustainable Procurement and COP26
LinkedIn
November 23, 2021
Now that COP26 has ended, discussions have started about whether or not the climate conference was a success. ‘Success’ here is a subjective term, but the consensus seems to be that while action is being taken, it’s nowhere near enough. Everyone knows what needs to be done, but too few people know how, or are willing to take the necessary steps.

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Tags: Digital Transformation, Sustainability, Procurement

How procurement can better engage the C-Suite post-pandemic
LinkedIn
October 27, 2021
Procurement is having a moment. While globalisation and digital transformation have brought about rapid change in supply chains, COVID-19 accelerated and disrupted this process in equal measure. And the long tail of this – from fuel shortages to supply issues to talent challenges – has put procurement in the spotlight. And into the daily vernacular of the C-Suite.

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Tags: Digital Transformation, Procurement, COVID19

Let's Target the Root Cause of Overwork: Poor Systems and Processes
LinkedIn
October 15, 2021
The topic of burnout has been rising up the agenda for employers across the board in recent years, with workers complaining of increasing workloads not being matched by investments in extra headcount or pay. Then the pandemic happened.

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Tags: Procurement, Mental Health

Three tips for Procurement Digital Transformation
LinkedIn
October 07, 2021
Here at Acada, we have spoken about the need for digital transformation of the procurement profession for years now. However, in spite of the huge benefits that digital transformation can bring, many teams are still early in their adoption of digital products and practices.

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Tags: Digital Transformation, Procurement

Digital transformation is about people, not technology
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October 06, 2021
The key to doing digital transformation right is making sure the process is all about the people   Perhaps the most common mistake we see people make when going through a digital transformation programme is focusing too much on the … Read More

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Tags: Digital Transformation, Supply Chain, Procurement

Digital transformation is about people, not technology
LinkedIn
September 15, 2021
Perhaps the most common mistake we see people make when going through a digital transformation programme is focusing too much on the tools and forgetting about the people they are supposed to help.

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Tags: Digital Transformation, Procurement, Project Management

How to Find the Right KPIs for Your Procurement Team
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April 06, 2021
Performance tracking is key to the success of any business process. As the legendary consultant Peter Drucker once said, ‘what gets measured gets managed’, and improvement relies on knowing where you are and where you want to get to. But … Read More

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Tags: Digital Transformation, Procurement, Supply Chain

2020 Recap – Business Tech News
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January 15, 2021
2020 was indeed a very unique year. Many of would say passed so quickly, and yet with so little new memories and experiences. However, we managed to get business done, to invent, to transform. Below we present you with 20 … Read More

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Tags: Digital Transformation, Procurement, Supply Chain

Five Ways to Ensure Early Engagement in Procurement Projects
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November 02, 2020
Do your stakeholders ask for your involvement in a project too late for you to make a difference? Perhaps when the selection has already been made and they just need help with a contract?  Within the profession it is widely … Read More

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Tags: Digital Transformation, Procurement, Supply Chain

Increasing Procurement Effectiveness Through Digital Transformation
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April 27, 2020
Speaking with members of my network I hear many similar stories. Organisations are looking to Procurement teams to deliver more, both in terms of bottom line savings but increasingly top line growth through marketplace innovation. Often, this is without any … Read More

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Tags: Digital Transformation, Procurement, Supply Chain

Mastering Procurement Digital Transformation
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April 22, 2020
Digital Procurement is critical to the success of a modern day procurement team and something that many organisations will have embedded to some extent.  The success of their efforts will have been dependent on how effectively their teams have embraced … Read More

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Tags: Digital Transformation, Procurement, Supply Chain

Onboard New Procurement Recruits More Quickly
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March 11, 2020
Bringing in new recruits is a great way to get new ideas and outside knowledge into your team.  However, as most procurement functions work in different ways, it can be challenging to get a new team member up to speed … Read More

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Tags: Digital Transformation, Procurement, Supply Chain

How Excel Is Harming Your Procurement Team
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March 08, 2020
Do you rely heavily on Excel to track your team’s procurement projects and activity? Let’s face it, Excel was first released back in 1985 and yes, it’s great for tables of numbers and working out a TCO. But as your … Read More

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Tags: Digital Transformation, Procurement, Supply Chain

How to Manage your Team Remotely
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March 02, 2020
Whilst some of us are able to go back into offices, a number of firms are continuing to request that their teams work from home. It’s something we should be very practised at now, but moving from an emergency way … Read More

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Tags: Digital Transformation, Procurement, Supply Chain

What’s Wrong with our Supplier Relationships?
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March 01, 2020
Are some of your suppliers not behaving as you would like? Do you get the feeling that they may just not like you or your firm? It’s likely to be nothing personal, but how you treat your suppliers at an … Read More

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Tags: Digital Transformation, Procurement, Supply Chain

IT and Procurement leaders: How to minimise Coronavirus impact on IT hardware supply
LinkedIn
February 08, 2020
The Coronavirus epidemic is both tragic and alarming and has highlighted how dependent the tech industry on concentrated manufacturing centres in and around China. So how is this affecting IT supply chains and what should leaders do to minimise business impact?

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Tags: Digital Transformation, Procurement, COVID19

Procurement In The Next Decade
LinkedIn
December 30, 2019
We need to ensure that procurement is seen as a strategic enabler of business change, not a process speed-bump designed to slow down the spending of money. A key skill for the workforce of the 2020's will be effective stakeholder management - facilitating the business to deliver in the right way with the right partners. This will require developing deep relationships with stakeholders at the appropriate level - getting the right balance between execution, constructive challenge and bringing valuable market insight, whilst doing the right thing for your organisation.

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Tags: AI, Digital Transformation, Procurement

Procurement Digitisation ≠ Excel
LinkedIn
September 23, 2019
Let’s face it, Excel was first released back in 1985 and yes, it’s great for tables of numbers and inputting costs. But as your team grows and develops, relying too heavily on Excel for reporting can do more harm than good. Excel wasn’t designed for this and can quickly become error-ridden, chewing up employee time, all without providing a proper audit trail or appropriate security.

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Tags: Digital Transformation, Procurement

Frustrations within your procurement team
LinkedIn
August 28, 2019
However, Millennials are the generation most likely to change roles and to look for new opportunities. According to Deloitte's Millennial survey 49% would quit their current job in the next two years if they had the choice. Therefore, potentially a quarter of your team could be looking outside your organisation or even the profession for their next career move. This job hopping isn’t about lack of loyalty. Millennials are impatient and eager to find new ways to innovate and grow.

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Tags: Digital Transformation, Innovation, Procurement

Procurement Leaders: Five ways to be more effective and deliver more with less resource.
LinkedIn
June 17, 2019
There's been a number of articles and papers over the last few months highlighting a key issue facing Procurement Leaders in 2019 - organisations are growing at a faster rate than the investment in additional procurement resource.

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Tags: Digital Transformation, Procurement

Lessons from Silicon Valley
LinkedIn
February 20, 2019
I spent some time in Silicon Valley last week to attend the Startup Grind conference in Redwood City. It was a fantastic two-day conference with a number of founders and CEOs of VCs and tech businesses speaking such as Box, Stripe, Qualtrics, Airbnb, Airtable, Sequoia, YCombinator plus the former US CTO Megan Smith and Google CMO Lorraine Twohill. I learnt such a lot from this trip I thought it would be good to share some of the main points.

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Tags: Digital Transformation, Procurement

1 Founder
Acada
Acada
March 01, 2019
Helping Procurement teams save time so they deliver more. We've produced an innovative system for procurement people to manage their workload and give visibility to their leaders and stakeholders. Our consulting practice works with leaders to streamline processes, mitigate risks and eliminate waste

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Tags: Digital Transformation, Procurement, Project Management

1 Panel
The Procurement Conversation
The Procurement Conversation
May 25, 2022
LinkedIn Live
Want to speed up your Procurement Processes?

The Procurement Conversation is joined by CIPS Award winner Mirko Kleiner (co-founder of Flowdays) to talk about speeding up Procurement using the Lean-Agile methodology.

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Tags: Lean Startup, Procurement, Project Management

14 Podcasts
CPO Conversation: Tom Mills
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September 25, 2022
I talk to Tom Mills on his passion for Procurement, building a following on Social Media, his favourite Music and what the future holds for Procurement.Tom can be found:https://procurementprotagonist.substack.com/https://www.linkedin.com/in/tom-mills-procurement/

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Tags: Digital Transformation, Sustainability, Procurement

CPO Conversation: Peter Smith
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September 11, 2022
This week I'm joined by Peter Smith, author of Bad Buying, co-author of Procurement with Purpose, Procurement Expert and former CPO.  His books are excellent and available through all good bookstores.I asked Peter:Why Procurement?Is the interpersonal side of Procurement more or less important

Tags: Digital Transformation, Procurement, Sustainability

The People Side of Procurement Digital Transformation with David Loseby
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July 21, 2022
A fireside chat with David Loseby, to talk about the often forgotten side of Digital Transformation - people.

Tags: Digital Transformation, Procurement, Sustainability

Ensuring ethical labour in your supply chain with Alex Gosney
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July 15, 2022
Alex Gosney from Nutral joins us to discuss how we can ensure that our supply chains use ethical labour.

Tags: Digital Transformation, Procurement, Sustainability

What Should Procurement Stop Doing? With Tom Mills.
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June 08, 2022
Procurement has had a frantic couple of years, dealing with many challenges that we may have previously had to face once in a career, seemingly every few months.  With many teams feeling the strain, something must give. So what should we stop doing?The Procurement Conversation panel is joined by Pr

Tags: Digital Transformation, Procurement, Sustainability

Episode 5: What Should Procurement Stop Doing?
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June 08, 2022
Procurement has had a frantic couple of years, dealing with many challenges that we may have previously had to face once in a career, seemingly every few months.  With many teams feeling the strain, something must give. So what should we stop doing?The Procurement Conversation panel is joined by Pr

See publication

Tags: Digital Transformation, Sustainability, Procurement

How Can We Speed Up Procurement? With Mirko Kleiner.
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May 26, 2022
Want to speed up your Procurement Processes?Over the last couple of years business has been speeding up - but procurement is getting more and more bogged down with addition process work.  Getting slower isn't an option, so how can we speed up procurement?That's the question we're tac

Tags: Digital Transformation, Procurement, Sustainability

Episode 4: How Can We Speed Up Procurement?
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May 26, 2022
Want to speed up your Procurement Processes?Over the last couple of years business has been speeding up - but procurement is getting more and more bogged down with addition process work.  Getting slower isn't an option, so how can we speed up procurement?That's the question we're tac

Tags: Digital Transformation, Procurement, Sustainability

Why is Digitising Procurement so Hard? With Steve Day
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May 12, 2022
In this episode we ask 'Why is Digitising Procurement so Hard?'The secret is that it isn't really - but over many years we have invested much time and money in programmes which have been poorly adopted and haven't landed.What can we do differently to turn this around and realise

Tags: Digital Transformation, Procurement, Sustainability

Episode 3: Why is Digitising Procurement so Hard?
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May 12, 2022
In this episode we ask 'Why is Digitising Procurement so Hard?'The secret is that it isn't really - but over many years we have invested much time and money in programmes which have been poorly adopted and haven't landed.What can we do differently to turn this around and realise

Tags: Digital Transformation, Procurement, Sustainability

Episode 2: How Procurement Can Tackle Inflation
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May 09, 2022
Rising inflation is all over the news - how can we in procurement help our organisations to mitigate the impact of this on the bottom line?  Our panel is joined by Tracey Giblin Kelly who is a chartered accountant and finance director of Kavita's business, Novo-K.  Tracey gives the finance vi

Tags: Digital Transformation, Procurement, Sustainability

Episode 1: The Procurement Talent Shortage
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May 09, 2022
This week, we're tackling the Procurement Talent Shortage, what it is and how we can fix it.

Tags: Digital Transformation, Procurement, Sustainability

Increasing Day-to-Day Productivity - Richard Sains from Acada
James Meads Media & Consulting Ltd
September 02, 2020
How do we get Procurement working outside of inboxes and spreadsheets? One answer is to have a cloud-based SaaS app which shares project updates, stakeholder and supplier communication and delivery objectives all in one space.
That's what Richard Sains, my guest today, has developed. He's one of the growing contingent of former procurement professionals turned procuretech entrepreneurs!

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Tags: Digital Transformation, Procurement, Project Management

Refresh - Business Transformation Podcast
Refresh - Business Transformation
July 30, 2020
In today’s market, how can you keep your business relevant and one step ahead of the competition? We look at how you can transform your business to drive real growth and efficiency.

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Tags: Business Strategy, Customer Experience, Digital Transformation

Radar

1 Prediction
2022 Predictions for Procurement

Date : October 20, 2021

There are a number of key challenges which will continue to get worse in 2022 - rising inflation, supply chain disruption and difficulty filling procurement vacancies. These issues will be faced against the backdrop of increased organisational expectations for procurement - increasing workload and causing a decrease in wellbeing and productivity for many procurement teams.

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Blog

Opportunities

1 Business
Procurement Digital Transformation Consulting

Location: London, UK and Virtual    Date Available: October 01st, 2021     Fees: 13500

Submission Date: October 20th, 2021     Service Type: Service Offered

At Acada, we specialise in how to best develop a strategic plan for procurement transformation and execute this plan. We work with leaders to review capability, processes, systems and map out a clear plan to transform the function.

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Rich Sains