Dubbed ‘The Risk & Resilience Conference’ the two-day hybrid event, featuring keynotes, roundtables, Q&As, and 1-2-1s from inspirational and knowledgeable leaders in the procurement and supply chain space.
Transforming procurement with dynamic supplier data
Lapierre opened 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,” she said.
While many organisations have been making the leap to the cloud, Lapierre warned “software doesn’t fix data". She added: "Just because you have implemented a technology doesn’t mean you will have clean data. You are still dependent on humans maintaining information.”
She explained that 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," she said.
She added: “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 LONDON 2022
Held at the QEII Centre from 12-13 October, BMG’s all-new hybrid event incorporates two zones - SupplyChain LIVE and Procurement LIVE - to create a single EXPO style experience.
The event 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.
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