SIGNALS Issue #19 | October 3, 2024

SIGNALS Issue #19 | October 3, 2024

??Welcome to the first October edition of SIGNALS.

The final stages of the?2024 ProcureTech100 selection? is taking place, with panellists evaluating innovative digital solutions and sharing insights into technology adoption. Discussions have highlighted?the most innovative solutions and their potential to transform procurement strategies.?Tech companies are expected to deliver solutions that not only meet current needs but evolve to address future demands.


????Join the?Live Announcement?of the?2024 ProcureTech100 ?during the PIONEERS webinar on October 22nd -?Register Now !?

???Discover?ProcureTech StrategyLAB, ?a dynamic approach to build and shape your digital procurement strategy and roadmap.

???Meet?Lance Younger and Mark Gillett at?DPW Amsterdam, ?and also at?ORO Imagine .?


?? For additional reading:?

  • How are leadership, digital skills, AI, and collaboration shaping the future of procurement as we approach 2025??Find out more?here. ?
  • Curious about GenAI revolutionising procurement in BFSI??Read more?here .?



"Be limitless in your thinking, but mindful in your execution."??Ashish Gupta, Director of Procurement,?The Clorox Company Source:?ProcureTech?x Zip: AI in Procurement, ?2024



???A Dive Into the 2024 ProcureTech100 Panel Insights




While the process for selection of the?ProcureTech100 ?is largely?driven by data analytics, narrowing the field from more than 5,000 digital procurement solutions to a short list of under 200 solutions across 10 categories, the final stage of selection incorporates not only data, but also the perspectives of nearly 100 corporate,?thought leader, and investor panellists. 90-minute panels for each of the 10 categories provide the panellists with an opportunity to discuss and debate the digital solutions, sharing candid and real-live experiences?in technology?selection, integration, and use.?


To?join?the live announcement of the 2024 ProcureTech100, make sure to tune in to the?PIONEERS ?webinar?on Tuesday, October 22nd.


READ MORE ABOUT THE PANEL INSIGHTS



?????ProcureTech at DPW Amsterdam



ORO Imagine: Shape the Future with Procurement Orchestration


Connect with the team at DPW Amsterdam!? Next week, catch?Lance Younger ?and?Mark Gillett ?at?DPW?Amsterdam ?from 8-10 October 2024.??Here's what they'll be up to during their session with?ORO Labs , taking place ahead of the start of DPW:

  • Jason Busch and Sudhir Bhojwani will kick off with the intersection of world matters and perspectives.
  • Marc Ofiara and Ryan Whitmore from Bayer will go big with intake and orchestration.
  • Stu Rogers and Valeriia Basko from Liberty Global will ramp up intake adoption.
  • Practitioners?Rita Santos, Patrick Foelck, Szilvia Regos, Nitin Kapoor will share perspectives on orchestration - how far and fast can it go?
  • The Procuretech Generation: Boom or Bust? Elouise Epstein tells all.
  • Fast forward: Humanising Procurement... Lalitha Rajagopalan will finish the session on a high.?



?? ProcureTech STARS with Satya Kamal Raparthi, Founder and CEO of Daato


Satya Kamal Raparthi , Founder and CEO of?Daato ?joins Lance Younger in the latest STARS interview, where they discuss crossing the sustainability chasm while keeping compliance, performance, and adaptability at the heart of the journey.


"ESG management requires much more than just reporting; it involves handling diverse data types including supplier data, accounting data, organisational data, and HR data."? Satya Kamal Raparth, Founder & CEO,?Daato


???Would you or your CEO like to be featured in a forthcoming STARS interview??Reach out to?[email protected] ?for more information on how to participate in this dynamic series.


READ THE FULL INTERVIEW



?? ProcureTech StrategyLAB

An agile, creative 'hot-house' that develops and refines digital procurement strategy, identifying priorities and improving performance, the StrategyLAB incorporates business case development, digital roadmap sequencing, integration of AI, and operating model implications, delivering an actionable path for executing the digital transformation journey.


"The very best digital sourcing solutions act as a cornerstone for delivering commercial arrangements with suppliers which are equitable, insight-led and focused on delivering value for the business."?James Tickle, Director,?ProcureTech


???Reach out to?[email protected] ?to learn more about how StrategyLAB can guide your digital transformation journey.



????Thought Leaders



ProcureTech GENERATION: The Digital Procurement Summit?

A big thank you to the procurement leaders who joined us at?ProcureTech GENERATION ?in September for insightful discussions on the future of digital procurement. Here are some key takeaways from the conversation with?Cyril Wasem, ?CPO at?Archroma : ?


? Explore the next big digital innovations driving procurement transformation.

? Learn the critical factors behind successful digital procurement partnerships.

? Discover strategies to accelerate the scaling of digital procurement.


Adding a new element to the mix, we ran this Summit in parallel with the?SuperSaaS ?Accelerator (a one day MBA in scaling startups), giving innovative startups an opportunity to present and pitch to leading enterprises attending our event. New start-ups gained invaluable exposure and experience to decision makers and buyers, while offering our Summit attendees a unique look into the new generation of start-ups changing the industry.?


We’re already gearing up for our next summit on the 9th of December!



???This week's headlines?

  • DeepOpinion ?Raises?€11M in Series A Funding To Bring Enterprise Process Automation to the Next Level?
  • Why?Zip? is the Leader in Procurement Orchestration
  • L'Oréal's ?Biotech Venture To Reshape Cosmetics Supply Chain
  • Exiger? wins Supply Chain Innovation at Global Awards?



???This week's podcast

In this episode,?Rujul Zaparde , CEO/Co-Founder of?Zip, ?discusses building?a $1.5B SaaS & Fintech platform, how velocity is a core value and how to validate a big business idea.?


LISTEN TO THE EPISODE



???Key dates

Events to add to your calendar:



All the best,

The ProcureTech Team


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