Procurement & Supply Chain LIVE’s Post

Ninian Wilson’s keynote was a masterclass in tech-led procurement transformation! From real-time dashboards to AI-powered co-pilots, his insights are shaping the future of our industry. A huge congratulations to Ninian on his Lifetime of Achievement Award during the Global Procurement & Supply Chain Awards 2024, too. Procurement pros, are you ready to embrace the next S-curve? Share your thoughts below! #ProcurementInnovation #AI #ProcurementLeadership

 “It's not about what it is, it's about what it can become.” - Dr. Seuss Fantastic day spent at the Procurement & Supply Chain Live 2024 catching up with some old friends and making some new ones. There was a range of topics covered on Day 2 with the common, and most important, themes very much at the fore: Sustainability & Scope 3, Supply Chain Visibility, Risk & Resilience and AI. Supported by some great and inspiring people; the keynote speakers, fireside chats and panel discussions were full of insight and experience that everyone could take something away from. For me, the key takeaways were; ✅ The power of collaboration: getting to know and align with your suppliers ✅ The value of Supplier Relationship Management (assuming you do it right!) ✅ The need for standardisation: some problems require a common solution ✅ The importance of available, accessible and quality data (data-centricity) ✅ People, and there are great people working in procurement & supply chain! A lot of this is not new but it is being applied to new challenges and supported by some exciting tech developments, which were on show with case studies and practical examples of how to engage, employ and excel with them. It was my first time at this particular event, it will not be my last. #PSCLiveLondon

💬 What is next in Procurement? Join Spend Matters analyst Nikhil Gaur and Focal Points sales and marketing leader, Matthew Buckingham, as they discuss key trends across procurement. Discover how emerging technologies, data-driven insights, and orchestration platforms are reshaping procurement processes, driving innovation, and unlocking new opportunities for procurement leaders. 🌐 Key topics include: - Innovation & efficiency in sourcing & supplier management - The role of digital orchestration in connecting your ecosystem - Best practices to leverage technology in procurement Register here to secure your spot: https://lnkd.in/gF--n-VF

You don't want to miss out on this!!! Why should you attend? 🚀 Exclusive insights from world leaders in procurement, supply chain and logistics 👊 Level up your network through opportunities to connect with other professionals and learn from them in engaging workshops 🚀 Learn how AI is transforming the industry from those who implement it best 👊 Hear the latest on supply chain finance and strategy from the likes of Vodafone, SAP & Mastercard 🚀 & so! much! more! for more details click below 👇 my DMs are open for any questions!

🌟 NEW IDC STUDY: Customers realize $14 million in annual benefits with Zip! https://lnkd.in/gYUHbedA We’re proud to announce the recent IDC Business Value report on the Zip Spend Orchestration Platform by Patrick Reymann and Matthew Marden. 📊 IDC conducted in-depth interviews with five global enterprise organizations using Zip and uncovered transformational results. Here are the standout findings from the IDC Report showcasing the immense value Zip provides: ➕ 3.6% annual spend savings ➕ 47% increase in spend under management ➕ 55% faster procurement cycles ➖ 73% reduction of ad-hoc purchases ➕ 2X increase in compliant purchases Curious to know the full IDC findings? 📑 Download the full report to learn more about the incredible value Zip can provide for businesses looking to transform procurement orchestration. 👉 https://lnkd.in/gn_WhDwE

Last month, our team headed to Miami🌴 for Procurement Leaders | A World 50 Group Community Americas Procurement Congress. Our Founder and CEO Stephany Lapierre took the stage with Freddie Mac's William E. Bagley to discuss the importance of supplier data in procurement's digital transformation. Our latest blog recaps their conversation and sums up the top 5️⃣ reasons to focus on your supplier data. ➡️Read it here: https://hubs.la/Q02tlmT90 #PLAPC #SupplierData #Procurement #DigitalTransformation

What is the future of Global Procurement? A quick search would tell you this: (1) By 2030, these AI-powered decisions will become standard practice for procurement. The function will also have stronger demand forecasting and supplier negotiation abilities because of the technology's ability to make accurate predictions based on historical data and market patterns (2) Predictive analytics and generative AI are the top two technologies likely to have the biggest impact on procurement functions over next 12-18 months. 66 % of procurement executives say increased regulatory and ESG demands are heavily influencing strategic sourcing in the next 3–5 years. Organisations are facing unprecedented change and disruptions that threaten their future viability. Inflationary pressures, regulatory requirements, pricing fluctuation, an ever-evolving industry landscape, and shifts to outcome-based pricing are all key forces compelling procurement leaders to reevaluate strategies. In the midst of continuous disruption, it’s time for procurement leaders to be the disruptors, bringing the function to life, working across siloes, and shift its reputation from cost-cutting to customer-centric and business enabling. Added to the global picture are visible and notable rising geopolitical tensions, which are damaging and shifting supply chains, as is the economic hangover of the COVID-19 pandemic, as well as soaring costs driven by broader inflationary pressures. It may sound like a daunting task, but its time for procurement professionals to navigate all this whilst building a digital-first function that can support the wider business and port operations. Ports must challenge their current thinking and consider how they can rebuild the function focusing on the entire target operating model spanning the service delivery model, process, people, governance, data and technology layers whilst driving the needs of the entire business, delivering sustainable value and meeting regulatory compliance at the core. Procurement in the port industry needs a new perspective that is forward-looking, focused on aiming to maximise third-party relationships, innovation, integration, collaboration and data-driven performance. Are you interested in understanding how TrentGO and our global eMarketplace solution, can be your worldwide partner, helping you deal with all the challenges above, and bring about a level of change and collaboration not yet seen in our port industry? Get in touch with us today to find out how we can support your business and future proof the new era of procurement. #portsandterminals #globalpartner #futureproofingprocurement #digitaltransformation #procurementexcellence

Just arrived home in Copenhagen after a terrific few days in London attending Procurement & Supply Chain LIVE 2024. I had the privilege of participating in a panel discussion on “The Future of Logistics & Distribution” alongside fellow panellists @Stuart Farrell, CPO of AllPoints Fibre, @Alexander Tschentscher, Head of Supply Chain & Logistics Strategy at Siemens and Franck Capron, Senior Director at GEP. It was a great discussion, expertly moderated by Neil Perry. During the event I was also able to attend a number of presentations, fireside chats and workshops focussed on procurement optimisation, sustainability, diversity and risk resilience, among other pivotal topics shaping the future of Procurement and Supply Chain. My key takeouts are: 1) AI and Automation: A central theme was the increasing role of AI in supply chain management. Many discussions highlighted how AI can enhance forecasting, demand planning, and overall efficiency. However, it remains underutilised in certain areas, signalling room for further adoption across the industry. 2) Sustainability and ESG: Sustainability remains at the forefront, with an emphasis on balancing environmental goals with long-term infrastructure investments. ESG (Environmental, Social, and Governance) principles are gaining more importance as businesses are pushed to meet regulatory demands, especially around emissions. 3) Resilience and Risk Management: The need for resilient supply chains was a recurring topic, particularly in the context of geopolitical disruptions and economic uncertainty. Risk mitigation strategies, including better supplier relationships and more agile logistics models were discussed as essential for future-proofing operations. 4) Collaboration over Competition: Several speakers stressed the importance of treating suppliers as partners rather than just vendors. Collaborative relationships are seen as crucial for long-term success and innovation in the supply chain. 5) People: Investing in talent and upskilling was another significant point. The ongoing talent shortage in the sector was cited as a major concern, making people development a top priority alongside technological advancement. #PSCLIVELondon #Procurement #supplychain

The 5th World Procurement Summit is coming to Berlin, Germany on March 13th and 14th, 2025. This edition will explore cutting-edge digital technologies, agile procurement transformations, resilient supply chains, innovative talent management, and the best practices in sustainable procurement to build value and thrive in this rapidly changing business landscape. 🎬 View the video highlights from last year’s event. Find out more about the summit▶️ https://lnkd.in/dn5xBGug Join the group to stay ahead of all event updates ▶️https://lnkd.in/d5PmyYEj #Procurement2025 #Procurement #ProcurementSummit #DigitalProcurement #LuxatiaSummits

🎯 𝗦𝗮𝘃𝗲 𝘁𝗵𝗲 𝗗𝗮𝘁𝗲! 🚀 The 3rd Annual Middle East Procuretech Summit & Awards 2025 is here to redefine the future of procurement! 📌 𝗪𝗵𝗮𝘁 𝘁𝗼 𝗘𝘅𝗽𝗲𝗰𝘁: ✨ Explore cutting-edge topics like Cloud Procurement, E-Procurement Solutions, and Supplier Relationship Management (SRM). ✨ Gain insights into trends driving procurement process automation and digital transformation. ✨ Network with top industry leaders including Chief Procurement Officers, Heads of Supply Chain, AI Technology Experts, and more. 📌 𝗪𝗵𝘆 𝗔𝘁𝘁𝗲𝗻𝗱? ✅ Unlock strategies for achieving procurement excellence through technology-driven innovation. ✅ Learn from real-life case studies, business insights, and industry leaders' experiences. ✅ Build valuable partnerships and collaborations to address emerging challenges in the procurement ecosystem. 📈 With the global procurement software market expected to surpass $10.2 billion by 2027, this is your chance to stay ahead in the rapidly evolving landscape of digital procurement. Mark your calendar and join us for this unmissable experience in 2025! 🌟 Be part of the transformation. Be future-ready. #MEPTS25 🌍 Visit: meprocuretech.com ✉ For more information: info@verve-management.com #procurement #supplychainmanagement #supplychainexcellence #supplychainlogistics #procurementleaders #supplychain #MiddleEastProcuretech #ProcurementInnovation #EProcurement #CloudSolutions #Procuretech2025 #DigitalTransformation #AIinProcurement #BigData #NetworkingOpportunities #IndustryLeaders #Innovation #Collaboration