Procuro

Loved speaking at the Miami AI Hub this Sunday! Shoutout to my co-founder and CTO Jake for creating the presentation - hopefully, I did it justice! Here are my learnings from the other speakers: Julian Benegas—Customers don't care if you have AI. They care about delightful customer experiences. The "AI-Native" narrative works well for investors, but customers don't care. I completely agree. Arina Curtis - Fine-tuning is expensive but seems extremely worth it for specialized use cases, especially for verticalized use cases. The performance and cost improvements seem enticing. BRB going to go beg Google, AWS and Microsoft for some free credits ??. Thank you to Burhan Sebin and Mindspace for hosting the event. Such a great turnout, especially for a sunny Sunday afternoon!

Stop following old advice. The future of procurement is: — AI agents — ML applications? — Advanced analytics and on Thursday, March 7th, at 12 pm EST You'll learn about:? — Supplier analytics — Streamlining repetitive tasks — Significant cost savings strategies The LinkedIn Live is FREE. #negotiation?#procurment?#ai PS) Thanks, Pactum AI, for making this happen!?Check them out if you're a procurement pro up against tons of tail spend.

?? Am I the only one who believes procurement is the most strategic function within companies? Here's why → ? ???????????????? ?????????????????????? ?????? ?????? ???????????? ????????: we are responsible for sourcing and purchasing goods, services, and works for a company. We play a crucial role in driving profitability and success. ? ?????? ???????? ?????????????????? ???????????????? ???????????? ??????????????????: during economic downturns, companies face financial challenges, making cost-saving measures crucial. We are on the front lines of managing costs and finding ways to cut expenses without compromising quality. ? ?????????????????? ???????????????????????? ???????? ??????????????????: it's more than just finding the cheapest option; it's about building strategic supplier partnerships. Partnerships provide a competitive advantage. ?? This matters even more if the business relies on physical products. Sourcing and direct procurement are of utmost importance. ?? ? ???????????????? ?????? ???????????? ??????????????: sourcing strategy is crucial to avoid costly mistakes that can affect revenue. By carefully sourcing suppliers, managing contracts, and monitoring risk, sourcing ensures the business always has the right product at the right cost. ?? It doesn't matter how much a sales team can sell if there is no product. ??? ? Leaders need to wake up to how business-critical procurement is. ?? #Procurement #BusinessStrategy #StrategicFunction

Wow, what a wonderful Hackathon! ?????? Today we reviewed more than 10 pitches to solve the critical issue of cancer drug shortages. Thank you to our excellent judges and event sponsors. And, a huge congrats to our winners of the Cancer Drug Shortage Hackathon! Albert Alexander Drew Winget Amita Todkar Elise Liu #SupplyChainManagement #ProcurementLeaders #AISupplyChain

?? So proud to share that Procuro AI earned 2nd place in the Cancer Drug Shortage Hackathon, hosted by the AI Supply Chain Observatory! Shortages of vital cancer-fighting medications, such as Cisplatin, have adversely impacted approximately 90% of hospitals and millions of individuals. Our modified AI-powered contract analysis tool identifies and flags high risk contract clauses around pricing and delivery terms to ensure ethical procurement practices in the health care industry. This will allow the FDA to follow through on its recommendations in their 2020 report on drug shortages. Empowering the FDA, hospital procurement teams, and doctors to audit and track procurement contracts at scale. Our hope is this will help all stakeholders have more visibility into the drug supply chain, identifying potential disruptions, and flagging risks before they become crises. We want to thank Annie Lindseth, Heather Browning, Nic Borensztein for their contributions to the team. Edmund Zagorin, Plug and Play Tech Center for hosting, and Dr. Charlotte Anabelle de Brabandt for her incredibly inspiring story. And congratulations to Spot Health on 1st place! You read more about our solution here: https://lnkd.in/gNU7Un29 Here at Procuro we are on a mission to make intelligent procurement & sourcing accessible to everyone.