Curt Hall of Cutter Consortium recently published a thought piece on applications of AI and ML for optimizing procurement. He highlighted Suplari and partner RapidRatings as an example use case for managing Supplier risk with AI.
About 90 days into your new CPO role, it’s time to implement the final component of your launch plan: the design, documentation, and execution of your strategic vision and plan for procurement.
DEMO 2021 brings together the most disruptive startups that will have the greatest impact and ROI on procurement’s digital transformation.
In our prior posts, we discussed how to understand the business culture, stakeholders, and how to assess your procurement organization’s maturity. Now that you have these understandings, you can begin to manage the communications, business expectations, and change management necessary for your procurement strategy.
Fantastic article from the talented Tiernan Ray of ZDNet and Barron’s. This is the single best overview of the vision of Suplari, Inc. and the future of the AI-driven enterprise.
The key question that you must answer in your assessment is what are the specific gaps within your organization and from what maturity level (Beginner to Best in Class) are you starting?
Kearney recently published an article highlighting 10 critical technologies organizations need to adopt to protect against and prepare for more COVID disruptions in 2021. Kearney included Suplari among the list for our excellence in rapid automation in spend diagnostics.
Congratulations, you find yourself in a new role leading a procurement organization. Whether you are a career-long procurement and supply chain professional, or are from finance or a business unit discipline, this can seem like a daunting opportunity and you may be asking yourself, “where do I begin”?
CPO, Karoline Dygas joined Nordstrom in 2019, where, among other things, she supports all of the organization’s indirect spend. At Nordstrom, indirect spend is everything outside of the merchandise sold in the stores. Prior to Nordstrom, Dygas spent five years at Starbucks, where she led the Global Sourcing and Store Development Supply Chain, and before that she was senior director of strategic sourcing at Walgreens.
Procurement transformation and utilization is a significant EBITDA improvement initiative for Private Equity (PE) firms.