ProcureTech SIGNALS 2023 Issue #1
Welcome to our weekly LinkedIn SIGNALS newsletter!
Happy 2023! We're buzzing to welcome?a new year focused on the ever-changing landscape of procurement. So much so, that we're starting with our?ProcureTech Predictions webinar?on?Thursday 19th January?at?3pm GMT?where we'll present key trends identified by the 2022 ProcureTech100 - we look forward to seeing you there!
This week, we start off by looking at the new AI kid on the procurement block: Generative AI. What is it and why is it so controversial?
We're spotlighting the last categories from the 2022 ProcureTech100: Supplier Management and?Sustainable Procurement, where solutions define and deliver new value for teams, and address impact across ESG driven pillars.
Forget AI - 2023 is the year of Gen-AI
During the euphoria of OpenAI's ChatGPT programme official launch at the end of 2022, we used it to write a blog post with surprising results.
Now at the beginning of what’s anticipated to be an exciting, fast paced year for procurement and technology, we take a look at the future of the Generative AI landscape.?There’s no denying that autonomous technologies like Gen-AI can save great amounts of time for teams. But what is it? And why is it so controversial??
Supplier Management - 2022 ProcureTech100 pioneers
Portals. Embedding AI and automation. Low code platforms.
The Supplier Management category focus is defined by the customers for each company, whether the focus is commercial, collaboration or contractual.?Suppliers and customers are chasing the network effect as both sides seek to reduce administrative burden through leveraging standardised supplier due diligence, vetted by peers on the network.?Supplier management solutions are defining and delivering new value for more mature procurement teams, typically as an integrated information and intelligence hub.?
Sustainable Procurement - 2022 ProcureTech100 pioneers
ESG. Supply Chain Visibility. Traceability. Integration.
The Sustainable Procurement category is defined through the solution capabilities that address a corporates supply chain impact across ESG driven pillars:??
News
The news that matters this week...
?? CLM leader Sirion secures?$110m Series D funding
领英推荐
?? OneTrust : digital trust and?embedding ESG transformation into the future enterprise
?? Raconteur | B Corp? suggests how you can?take your digital transformation strategy?to the next level
? The 6 core elements of a?good Vendor Management process?according to Certa.ai
???? When the?"EU has set standards that cannot be met", what do you do??A conversation with RepRisk 's CEO
???ProcureTech100 2022 Yearbook?- get your FREE copy now!
Experiences
The must-attend digital and procurement experiences...
???SCM Lecture: Lead-time and demand forecasting Lokad 11 January
???2023 Predictions & Purpose ProcureTech ?19?January
???Big Ideas Summit Procurious ?9 March London
Podcast
This week's podcast...
?? The Radical Reinvention podcast welcomes 联合利华 's CPO, Willem Uijen , who discusses how companies can create resilient and responsible global supply chains using digital roadmaps.
If you enjoyed this newsletter, then please share with your peers and friends, more collaboration and conversation = more inspired action!
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As usual, we'd also love to hear your wisdom, feedback and suggestions on any 'hot'??? digital procurement topics or events you'd like to hear more about or to share.
The?ProcureTech?Team