607: The Peculiarities of Construction Procurement w/ Neha Kumar

There are few categories of spend as large and operationally complex as construction. From different sourcing models, to right timelines, to a whole host of contractors and subcontractors to coordinate, procurement has to walk a fine line between being a roadblock and advocating for active spend management. Neha Kumar has experience working for companies like Barclays, Bloomberg, Deutsche Bank and Sumitomo Mitsui Banking Corporation across the corporate services, facilities, and real estate categories. Most recently her focus has been on construction. In this episode, Neha takes Philip Ideson on a journey through the peculiarities of construction procurement - the first time we have covered this category on the podcast!  Understanding and deciding between the common models for construction sourcing Why scheduling is just as important as price How construction RFPs differ from other RFPs and the role they play in the sourcing and project management process