Procurement Evolution: From Legacy Systems to Cloud
This week, host Sagi Eliyahu welcomes Nico Bac, Founder of Digital Procurement Now, shares his journey from driving procurement innovations at Procter & Gamble to establishing his own advisory firm. Gain valuable insights on effective leadership, the critical role of user-friendly technology and AI’s growing influence in the industry.Key Takeaways:(02:10) Nico’s transition from corporate procurement at Procter & Gamble to founding his own firm.(04:45) Early adoption of digital procurement tools like Cooper and Ariba.(07:55) Emphasizing user experience as a top priority in procurement technology.(11:20) Cautionary approach to AI’s growing influence in procurement.(15:35) Risks associated with relying on outdated procurement technologies.(18:50) Migrating procurement systems to cloud-based platforms is essential.(22:30) Big data will drive future procurement decisions and enhance strategy.Resources Mentioned:Nico Bac - https://www.linkedin.com/in/nico-bac-dpnow/Digital Procurement Now - https://dpnow.ai/This episode is brought to you by Tonkean.Tonkean is the operating system for business operations and is the enterprise standard for process orchestration. It provides businesses with the building blocks to orchestrate any process, with no code or change management required. Contact us at tonkean.com to learn how you can build complex business processes. Fast.#Operations #BusinessOperations