AI-driven Sourcing: Discover the Best-in-Class Features in Autonomous Sourcing Tools | Webinar

April 11, 2024

ON-DEMAND WEBINAR

AI-driven Sourcing: Discover the Best-in-Class Features in Autonomous Sourcing Tools

Sourcing organizations are increasingly trying to make their processes more efficient through digital adoption. While e-Sourcing tools were the starting points for this digital transformation, they have evolved and are now enhanced by the addition of automation and artificial intelligence.

Watch this webinar where our analysts offered insights into the complex technology landscape of autonomous sourcing tools. They also discussed the various functionalities autonomous sourcing tools offer across the sourcing workflow, providing a clear understanding of their impact and benefits.

What questions did the webinar answer for the participants?

What does the autonomous sourcing technology landscape look like?
What is the current state of adoption of automation in sourcing technologies?
What are the best-in-class features and functions to look for in an autonomous sourcing tool?

Who should attend?

Enterprises
Chief procurement officers (CPO)
Global sourcing managers
Vendor managers/vendor relationship managers
Procurement managers
Supplier relationship management technology providers
Supplier management leaders
Technology providers offering autonomous sourcing solutions

Amy Fong

Partner

Amit Lad

Senior Analyst

Bhanushee Malhotra

Practice Director

When High Tech meets High Touch: Generative AI in CX | Networking Event

April 5, 2024

Networking event

intelligent sourcing networking dinner

April 18, 2024

Catch Everest Group Partner, David Rickard at Intelligent Sourcing’s dinner event on April 18, 2024. David’s keynote is titled When High Tech meets High Touch: Generative AI in CX.

David Rickard

Partner, Everest Group

SIG Global Executive Spring Summit 2024

March 25, 2024

IN-PERSON EVENT

SIG Global Executive Spring Summit

March 25-27, 2024 |

Asheville, NC

Everest Group is a proud sponsor of SIG’s 2024 Global Executive Spring Summit, taking place from March 25 – 27, 2024 at The Omni Grove Park Inn, in Asheville, NC.

Leapfrogging Technology and Talent Challenges with the Help of Procurement Outsourcing

March 27, 2024 | 11:55 AM-12:40 PM ET

Procurement outsourcing (PO) is no longer just about lift and shift for labor arbitrage. Service providers have become important strategic partners to drive value and accelerate technology adoption. In this session, we will discuss the characteristics of high-value PO engagements, digital trends, including Gen AI, and how modern sourcing teams utilize talent for success. In this vendor-agnostic session, Everest Group’s analysts will share their PEAK Matrix® for PO providers and perspectives on provider capabilities and investments.

You will learn:

Characteristics of successful procurement outsourcing engagements
Which providers are investing most strategically
Digital trends, including GenAI in procurement
Which pricing models set up both buyers and providers for success
How onshore/nearshore delivery is increasing to support upstream activities
Lifecycle Phase: Optimization

Amy Fong

Partner, Everest Group

Shirley Hung

Partner, Everest Group

CPOs: Do More with Less in APAC through Gen AI, Innovation, and Rate Cuts | LinkedIn Live

March 21, 2024

LinkedIn Live

CPOs: Do More with Less in APAC through Gen AI, Innovation, and Rate Cuts

View the event on LinkedIn, which was delivered live on Thursday, March 21, 2024.

2024’s CPOs, senior procurement, and VMO leaders in the Asia-Pacific region are seeking to accelerate revenue growth while keeping rising costs at bay. In other words, they want to do more with less.

To achieve this, they are focusing on adopting modern technologies such as generative AI (gen AI) to drive productivity, ensuring supplier innovation moves the needle, rebalancing their sourcing portfolios, and driving sustainable growth through optimized processes. 🛠️🔍

Watch this engaging APAC-focused LinkedIn Live discussion where our analysts and procurement veterans explored sourcing and supplier strategies that can drive accelerated revenue growth and enhance cost optimization.

During this session, we explored:

✅ CPO and procurement leaders’ priorities in 2024 🎯
✅ How technology modernization (e.g., through gen AI) can drive productivity and accelerate revenue growth 🚀
✅ The outlook for pricing in 2024 in APAC and the best-in-class negotiation and contracting tactics that procurement and category management leaders are using 💰
✅ How sourcing and supplier management leaders are driving innovation from their strategic suppliers

Meet the Presenters

Priya Gupta

Head of Procurement, India

Philip Morris International

Bhanushee Malhotra

Practice Director

Everest Group

Brish Bhan Vaidya

Head of APAC Strategic Sourcing & Global Buying Center

Uber

Abhishek Sharma

Partner

Everest Group

Decoding Supplier Relationship Management Technologies: What Are the Best-in-Class Functionalities and Features? | Webinar

February 27, 2024

ON-Demand Webinar

Decoding Supplier Relationship Management Technologies: What Are the Best-in-Class Functionalities and Features?

WATCH THE WEBINAR ON-DEMAND

Enterprises are increasingly focusing on transforming supplier management activities through digital adoption to improve efficiency and relationships. However, the supplier management technology landscape is complex. Technology providers have varying capabilities and focus areas within the supplier management space, making it difficult for enterprises to choose and implement.

In this webinar, our analysts unpacked how enterprises can better understand the supplier relationship management (SRM) technology landscape and highlight the best-in-class functionalities and features.

What questions did the webinar answer for the participants?

What does the SRM technology landscape currently look like?
What are the best-in-class functionalities and features that enterprises should look for when adopting an SRM tool?
What does a high-level assessment of the functionality and solutioning elements of various technology providers offering SRM tools entail?

Who should attend?

Enterprises
Chief procurement officers (CPO)
Global sourcing managers
Vendor managers/vendor relationship managers
Procurement managers
Supplier relationship management technology providers
Procurement suite providers
Procurement outsourcing service providers

Amit Lad

Senior Analyst

Everest Group

Bhanushee Malhotra

Practice Director

Everest Group

Akash Thunga

Senior Analyst

Everest Group

Navigate Gen AI Risks in Supply Chain and Procurement: Planning for Success | LinkedIn Live

February 1, 2024

LINKEDIN LIVE

Navigate Gen AI Risks in Supply Chain and Procurement: Planning for Success

View the event on LinkedIn, which was delivered live on Thursday, February 1, 2024.

Sourcing and supply chain teams are awash in data and content, making the function a prime opportunity to implement generative AI (gen AI). However, these functions also face significant ethical, privacy, and accuracy concerns.

Watch this LinkedIn Live event to hear our experts discuss how the market, providers, and functional leaders are addressing these challenges to pave the way for innovation. This event is a follow-up to our previous LinkedIn Live discussion, The Possibilities for Generative AI in Sourcing.

During the event, we explored:

The risks, challenges, and barriers to gen AI adoption and how organizations can position themselves for success
How procurement leaders can navigate the ethical, privacy, and security concerns in the adoption of gen AI to drive innovation
The technology providers in the gen AI space that sourcing and supply chain teams can work with

Meet the Presenters

Amy Fong

Partner

Everest Group

Nitish Mittal

Partner

Everest Group

Edmund Zagorin

Founder and Chief Strategy Officer

Arkestro

GSA’S Sustainable Sourcing Symposium | Conference

January 31, 2024

conference

GSA’S SUSTAINABLE SOURCING SYMPOSIUM

January 31, 2024

The GSA Symposium 2024 will kick-start your year with all the insights and tools you need to drive more sustainable sourcing throughout 2024.

David Rickard, Partner at Everest Group, will be doing the opening keynote, sharing insights from our Key Issues 2024 study. David will delve into key business challenges, strategies, and industry insights, to help kickstart your year and stay ahead of the curve in 2024.

Everest Group’s Key Issues 2024 study captures the pulse of IT-BP industry leaders from across the globe to uncover major concerns, expectations, and trends, and how they plan to drive accelerated value through global services in 2024. Themes include the global services industry outlook, key business challenges and priorities, expectations from service providers, expected changes in outsourcing deals, digital and next-generation capability priorities, and the impact of Gen AI, among others.

Where: DLA Piper, 160 Aldersgate St, Barbican, London, EC1A 4HT

David Rickard

Partner, Everest Group

Generative AI’s Role in Modern Procurement: Use Cases and Impact | Webinar

December 5, 2023

ON-DEMAND WEBINAR

Generative AI's Role in Modern Procurement: Use Cases and Impact

WATCH THE WEBINAR ON-DEMAND

In today’s business landscape, streamlined and efficient procurement processes are essential for sustained growth. It is imperative for procurement to embrace leading-edge technologies such as generative AI to stay competitive.

Generative AI’s ability to optimize procurement processes, mitigate risks, and enhance decision-making is transforming the way organizations operate, making it a key tool for resilience, cost savings, and strategic advantage.

Watch this webinar to hear our analysts discuss generative AI use cases across the source-to-pay value chain, implementation challenges, and the essential steps to harness the technology’s full potential.

What questions has the webinar answered for the participants?

What is the impact of generative AI across the source to pay value chain?
What business challenges can generative AI solve for procurement organizations?
Who are the technology providers in the generative AI space that organizations can work with?
How are organizations using AI in procurement?
What are the adoption trends of generative AI in procurement?
What are the risks, challenges, and barriers to generative AI adoption?

Who should attend?

CPOs
Category managers
Indirect sourcing leaders
Supplier management leaders
Strategic sourcing leaders
CIOs, CTOs
Procurement technology providers

Amy Fong

Partner

Amit Lad

Senior Analyst

Bhanushee Malhotra

Practice Director

Modernizing the Strategic Sourcing Process with Technology | Virtual Roundtable

November 15, 2023

virtual roundtable

Modernizing the Strategic Sourcing Process with Technology

November 15, 2023 |

10:30 AM EST | 9 PM IST

Join industry thought leaders and stakeholders for an engaging virtual roundtable discussion on how to drive meaningful impact in outsourced services spend through digitalization and modern sourcing practices.

Attendees will discuss best practices for effectively measuring the impact of sourcing strategies through tech and methods for aligning this impact with your organization’s broader objectives. We’ll also explore how to cultivate collaborative relationships with suppliers for sustained success.

Sourcing leaders will come away with actionable insights and strategies that can be immediately implemented to elevate sourcing practices.

Participants will discuss:

• Cutting-edge technology trends that are reshaping sourcing strategies
• Best practices for measuring impact, including proven methodologies to measure the impact of your sourcing strategies through tech
• Ways to align your sourcing strategies with broader business objectives, ensuring that your efforts drive meaningful results and growth
• Approaches for fostering collaboration with suppliers through tech, ensuring inclusivity and long-term success in the sourcing ecosystem
• Strategies that you can implement immediately

Who should attend?

• Procurement leaders
• Category managers
• Sourcing managers

Virtual Roundtable Guidelines

The only price of admission is participation. Attendees should be prepared to share their experiences and be willing to engage in discourse.

Participation is limited to enterprise leaders (no service providers). Everest Group will approve each attendance request to ensure an appropriate group size and mix of participants. The sessions are 90 minutes in duration and include introductions, a short presentation, and a facilitated discussion.

Khushboo Hanjura

Senior Analyst

Shirley Hung

Partner

Bhanushee Malhotra

Practice Director

Global Supplier Diversity: A Path to Inclusive Procurement | LinkedIn Live

November 2, 2023

LINKEDIN LIVE

Global Supplier Diversity: A Path to Inclusive Procurement

View the event on LinkedIn, which was delivered live on Thursday, November 2, 2023.

As businesses expand globally, diversity in supply chains becomes critical for competitiveness, risk mitigation, and meeting societal demands for inclusion and social responsibility.

Watch this LinkedIn Live as our expert analysts explore the global landscape of supplier diversity initiatives and the challenges and opportunities they present . We’ll discuss the importance of inclusive procurement practices and the cultural considerations and adaptation of supplier diversity strategies in different regions .

Viewers will gain practical advice on aligning procurement processes with diversity goals on a global scale and hear success stories and innovative approaches from around the world that promote supplier diversity and inclusive procurement .

What did we discuss?

The global landscape of supplier diversity initiatives and the challenges and opportunities
How inclusive procurement practices can foster diversity and inclusion within the supply chain, and why it’s important
Cultural considerations when adapting supplier diversity strategies in different region