"With Great Sales, Comes Great Instability: Can Procurement Superheroes Survive the Recession?"

Of course you can! Being in procurement means you are ready for anything! One factor that keeps you from being vulnerable is having the best people - your procurement team’s tribal knowledge - that keeps you competitive and at super strength. Who else knows which suppliers to use, for which purchases, and what is the right price to pay? This is what will keep you ahead of the villains when it comes to serving your customers.

But what do you do when your most trusted resource, your superhero team, isn't around any longer either due to labor shortages, unforeseen layoffs, or the leftover impact of the great recession?

We’ll discuss how to reduce the human risk associated with the loss of this crucial resource in your organization and how embedded technology can be your trusted sidekick by:

• Automation. Learn how to make automation your trusty sidekick to keep data in hand and inventory constant throughout your product’s lifecycle.

• Leverage Machine Learning. When it comes to rote transactions, use machine learning so professionals can focus on what your organization values.

• Have a backup plan. How to laser-focus when creating a contingency plan using machine learning to help predict future purchases and consider product substitutions in advance.

Rise above the supply chain kryptonite!