Dubbed ‘The Risk & Resilience Conference’ the two-day hybrid event was held on the 27th and 28th of April, featuring keynotes, roundtables, Q&As, and 1-2-1s from inspirational and knowledgeable leaders in the procurement and supply chain space.
Transform the procurement function with dynamic supplier data
Taking to the stage for a second day, Stephany Lapierre, CEO and Founder of TealBook closed Procurement & Supply Chain LIVE with a keynote on how organisations can transform their procurement with dynamic supplier data.
Lapierre begins her keynote by highlighting the complexities of big data. “We all have a big data problem. It’s a complex challenge that is hard to manage and maintain.”
While many organisations have been making the leap to the cloud, Lapierre warns that “software doesn’t fix data. Just because you have implemented a technology doesn’t mean you will have clean data. You are still dependent on humans maintaining information.”
She explains that in order to drive value and success, organisations need to invest in collecting clean data. No matter how much AI and machine learning an organisation throws at data, if it’s incomplete or unclean the level of value that can be gained from the insights is low, leading to narrow visibility.
“The supplier base is the biggest untapped asset, if optimised properly, it can deliver hundreds of millions of dollars in value, provided that supplier data is dynamic and available across systems and people.”
Did you see Stephany Lapierre’s keynote when attending Procurement & Supply Chain LIVE 2022? Watch on-demand Lapierre delivering her keynote on ‘Transforming Procurement With Dynamic Supplier Data’:
To watch any of our other speakers from Procurement & Supply Chain LIVE: The Risk and Resilience Conference, click here.
PROCUREMENT & SUPPLY CHAIN LIVE 2022
Click here, to find out how you can attend PROCUREMENT & SUPPLY CHAIN LIVE LONDON 2022.
Held at the QEII Centre between the 12th and 13th of October 2022, BMG’s all-new hybrid event incorporates two zones - SupplyChain LIVE and Procurement LIVE - to create a single EXPO style event.
PROCUREMENT & SUPPLY CHAIN LIVE LONDON 2022 will give those attending the chance to showcase their values, products and services to partners and customers.
To find out more about PROCUREMENT & SUPPLY CHAIN LIVE LONDON 2022, click here