Supply Chain Connect From Cost Center to Value Creator: The Transformation of Modern Procurement
7 snips
Sep 8, 2025 Robert Reynolds, Founder & CEO of Tangible Intelligence, discusses the groundbreaking transformation in procurement. He highlights how AI is revolutionizing sourcing workflows, making them more efficient and predictive. The conversation dives into tackling rogue spending through advanced technologies and the challenges of gaining recognition within the C-suite. Additionally, Reynolds talks about how modern procurement needs to navigate tariff fluctuations, showcasing the essential role sourcing professionals play in driving enterprise success.
AI Snips
Chapters
Transcript
Episode notes
Procurement Becomes Strategic Value Creator
- Procurement is shifting from backward-looking cost analysis to forward-looking value creation enabled by new tech.
- AI and data tools let sourcing read signals from spend that were previously invisible.
Adopt A Three-Layer Delivery Model
- Use a three-layer delivery model: expert, expert-augmented, and digital-led for different transaction complexity.
- Route simple, high-volume contracts to LLM-led fast lanes and reserve experts for complex deals.
Automate Reviews And Predict Pipeline Risks
- Accelerate sourcing throughput by automating repetitive contract reviews with LLMs and orchestration stacks.
- Use AI to detect seasonality, pipeline vulnerabilities, and predict near-term sourcing risks.