SIGNALS Issue #15 | August 9, 2024
ProcureTech, An ORO Labs Company
Building the digital future of procurement with ORO Labs
??? Welcome to the August?edition of SIGNALS.? This month we bring you the latest trends reshaping the procurement landscape, from AI use cases to sustainable sourcing strategies:?
"Every step of the process can be enhanced by GenAI; it's an ongoing evolution."?Marc Ofiara, Lighthouse Lead Category Management, 拜耳 Source: ProcureTech x ORO:?Power Procurement Orchestration, 2024
?? Whitepaper : AI in Procurement, A Pathway for Progression
The future of procurement is here
This comprehensive whitepaper produced by ProcureTech, An ORO Labs Company and Zip is designed for procurement leaders, financial executives, and IT innovators seeking strategies to transform procurement with AI. Read about AI uses cases and how to understand your own organisation's maturity in using AI.
With insights from leaders at the 可口可乐公司 , 萬事達卡 , 壳牌 , and more, this guide will help you benchmark your processes with an expertly crafted framework.
"AI will be used to amplify our capabilities. But, procurement is still more or less a human business. You need to negotiate with your internal stakeholders, you need to negotiate with your supplier. I don't see, in the short-term, that AI will replace category management, risk management or interactions with the board."
Fulden Sener , CPO and Head of Global Supply Chain Management, Rieter
?? Thought Leaders
ProcureTech GENERATION: The Digital Procurement Summit
We will soon be hosting our upcoming Digital Procurement Summit on 2nd September (check out last year's summary here).
Hear from Joel Hyatt ,?CEO and Co-Founder of? Globality, Inc. , as he?opens up about how?digital procurement is set to change the way organisations operate:
If you are a corporate leader?and interested in our upcoming events, contact us: [email protected]
???Want to know more about the ProcureTech100 selection process?
Our selection process is independent,?robust, inclusive?and data-driven. We utilise proprietary databases and 20+ additional sources across multiple datasets refreshed on a continuous basis.?This includes information?from solution providers and thousands of data points encompassing growth, security, customer, financial and employee data.?Our process spotlights iconic solutions that are rapidly and deeply integrating AI to drive transformation in procurement.
As a reminder, if you are a digital procurement solution provider be sure to submit your digital solution by the 16th of August.
???Register for our PIONEERS webinar where we will announce the 2024 ProcureTech100 ?For further questions, visit ProcureTech100 FAQs
领英推荐
?? Podcasts?
Fortt Knox Update by CNBC: Evan Smith, CEO of Altana?
In this latest episode, Evan Smith , CEO of Altana speaks about how the invest in capital, and how global business leaders need to be reorganising their businesses around value chain networks in order to succeed in an increasingly volatile, complex global economic and geopolitical environment.
Don't forget to create your personal profile on SOURCE.
SOURCE combines leading content focused on digital procurement transformation and the largest marketplace for procurement solutions with an interactive, expert community, empowering procurement to digitalise.
?? Book of the Week?
Back in our STARS interview with Malin Schmidt , Founder and CEO of Kodiak Hub recommends diving into Good to Great by Jim Collins. It's a timeless management classic that continues to offer valuable insights for business leaders striving for excellence.
?? This week's headlines?
???Key dates
Events to add to your calendar:
?? If you enjoyed this newsletter, please share it with your peers and friends. More collaboration and conversation = more inspired action!
?? Don't forget to follow ProcureTech and join SOURCE now for all things digital procurement!
?? 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.
All the best,
The ProcureTech Team