In this session, Bel Brands will share their playbook for implementing predictive procurement orchestration in their RFQ process, including how they made the business case, what spend categories were good starting points, case studies, lessons learned, and key takeaways. The session will also include an overview of how predictive procurement works, how machine learning models update in real-time to reflect your team’s best decisions, and how predictive alerts can be embedded inside of Procure-to-Pay and ERP systems from SAP, Oracle, Coupa, Ariba, and others. 

Contributors: Arkestro
Categories: 2023 Spring - Amelia Island, Summit Presentations
SRC Type: Performance Management, Sourcing Management