Something extraordinary is happening in procurement right now. ✨
It's not about automation.
It's not about data.
It's not about AI.
It's not even about technology at all.
It's about a new way of working.
It's a new way of making and communicating supplier selection decisions.
It's a new way of knowing if your supply chain is leaving value on the table.
It's about finally getting past our familiar silos, blockers, and failure modes.
It's about making value creation the less-effort path for every stakeholder.
It's about making recurring market tests the default path for all A & B spend.
It's about freeing up Procurement's time for high-value relationship building activities with suppliers, stakeholders, and the C-Suite.
It's about amplifying Procurement's value across every category of spend.
Now we've seen it happen at Chevron, Fortune 10, at massive global scale.
And Koch Industries. And BASF, and Standard Industries, and Crown Cork & Seal, and many more large enterprises with complex global supply chains.
That's the power of an ML price prediction model that's trained on $100B in complex spend, where the supplier relationship, lead time, MOQ and other attributes matter MORE to decisions based on total value than lowest price.
That's the power of combining Negotiation Science, Supplier Science, and Process Science. That's the power of Predictive Procurement.
And so, to celebrate this extraordinary paradigm shift in procurement, we decided that we need to share this breakthrough with the world. We are gathering our advisors, customers, prospects, and the broader ecosystem around procurement's AI transformation in Houston October 29th & 30th.
You won't want to miss this one. Join me and Robert DeSantis, Stuart Gold, Ben Leiken, Greg Cruz, Eric Graber, Caroline Cioe, Mark Paretti and the rest of the gang alongside legendary supply chain executive thought leaders like Len DeCandia, Tom Maher, James Cuff, Michael Shin, Joshua Flowers, Michael Novello, and Katherine Dei Cas, with more to be soon announced.
Want to attend Optimal with a complimentary pass? I have a couple left, and if you are a Procurement or Supply Chain thought leader or practitioner with an active LinkedIn presence DM me and let's talk 😉
