We’re back with part 2 of a 3 part series of live episodes recorded at Procurement Summit in Berlin on 29 and 30 September 2021.
This episode is all about startups who heavily feature AI or game theory as part of their experience and solution.
This week, we bring you the first in a 3 part series of live episodes recorded at Procurement Summit in Berlin on 29 and 30 September 2021.
On this episode, we’re looking at startups whose mission is solving problems in the rapidly growing and increasingly important ESG and Risk Management area.
Tactical, non-strategic spend is a time suck to pretty much every organisation, regardless of their size.
Managing this through traditional channels – i.e. ERP systems – is a cumbersome process for both the procurement professional and the stakeholder.
Henning Hatje, Co-Founder and CEO of Berlin-based startup Lhotse is my guest on this week’s show to talk about how his company is changing that.
AI must be applied to specific fields to provide tangible solutions. The fundamentals of procurement can be broadly classified into the following 4 questions:
What am I buying?
From whom do I buy?
What price am I paying?
Who is doing the buying?
Answering these questions is not easy, especially in large, enterprise level organisations with legacy systems i.e. different ERP systems, multiple languages and complex supply chains.
Business relationships at their heart are all about people.
Managing people-to-people relationships through email chains and Excel sheets isn’t particularly effective, be it with either internal stakeholders or external suppliers.
Sheldon Mydat, CEO of Suppeco is my guest this week, to walk us through how stakeholder relationships and supplier development can flourish when these relationships can be managed in one single, central and easy-to-use app.
Historically, there wasn’t much technology out there to deal with indirect services spend, both from a sourcing and supplier contract lifecycle management perspective.
This has started to change recently. But is it possible to manage both strategic and tail spend in the same platform?
My guest on this week’s podcast is Fabian Heinrich from Berlin-based startup Mercanis. We find out to what extent their platform can support both of these requirements.