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Procurement and AI - Boston

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Boston

Downtown location to be confirmed.

Boston, MA TBC

United States

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Artificial Intelligence is set to transform how sourcing is conducted. High performing teams will be able to conduct higher quality bid processes faster and glean much richer information from the market. This seminar, hosted by Pierre Mitchell of Spend Matters, will focus on best practice techniques in managing bid processes and offer guidance on how to find the right balance between price and quality using scenario analysis. It will also explore new developments in Automation & Sourcing Robotics that are pushing back the boundaries of performance and speed.

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Introduction: Alan Holland, Keelvar

The Procurement AI Landscape: Pierre Mitchell, Spend Matters

  1. Learn about trends in procurement and Artificial Intelligence

Who, When & Where of Applying Sourcing Optimization

  1. Categories that offer best savings and performance
  2. Sourcing Alliances and How to Leverage Analytics to offer flexibility for Alliance members but still pool spend effectively.

The anatomy of an Optimized Sourcing Event

  1. John Paul O'Gorman, CTO of Keelvar
  2. The key elements of sourcing event design.
  3. Walkthrough - construction of a sample event.

Future Best-Practice: Sourcing Robotics

  • How Speed of Execution opens up new negotiation paradigms: mergiing the benefits of auctions with the control of multi round RFQs
  • Auto detection of categories and construciting sourcing strategies using AI
  • An Example of Robotics in action
  • Harmonizing sourcing strategies and ensuring mass adoption of best practice
  • Other AI-based approaches for mass adoption of best practice and automation of sourcing.

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Boston

Downtown location to be confirmed.

Boston, MA TBC

United States

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