ProcureTech SIGNALS 2022 Issue #20

ProcureTech SIGNALS 2022 Issue #20

Welcome to ProcureTech's weekly LinkedIn newsletter!

“From a regulation and investment standpoint, there has been a real move to make a difference in how we look at sustainability and reducing carbon footprints" 

Rajesh Kalidindi, CEO and Founder of LevaData

An engaging ProcureTechSTARS session with Rajesh Kalidindi, CEO and Founder of LevaData. Insights to action, speed and innovation, Elon Musk and meditation.

80% of greenhouse gas lies in the supply chain: highlights from EcoVadis' eBook on achieving Sustainable Procurement with a data-driven approach. How are companies tackling this?

Edbury Daley's latest spotlight on talent and the evolving procurement technology space, plus the skills needed to keep up with the constant change.

Register on ProcureTech to take full advantage of our platform and get the latest inspiration from the digital procurement ecosystem.

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ProcureTechSTARS with Rajesh Kalidindi, CEO and Founder of LevaData 🌟

Rajesh shared his thoughts on Elon Musk, insights to action, speed and innovation, three-legged stools, electric cars and Headspace. 

LevaData's investment in AI, data modelling and its propriety purpose-built framework allows them to expand and scale across different use cases for their customers.

Check out the full conversation with Rajesh here.

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94% say their focus lies in the supply chain to achieve sustainable procurement 🌏

EcoVadis' eBook on achieving Sustainable Procurement with the help of data reveals what companies are currently doing. 

Whilst it shows there is still much work to be done, it highlights how businesses are finding new ways to tackle challenges in the supply chain by rethinking sustainable procurement systems and practices.

“A typical company's supply chain accounts for 80% of its greenhouse gas emissions.”

Learn more about EcoVadis' Sustainable Procurement eBook here.

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Investment in the procuretech sector passes $2bn a year 💰

The latest issue of Edbury Daley spotlights the evolving space of procurement technology. 

Investment. Hiring. Digital transformations. Just some of the key topics highlighted as the digital procurement ecosystem continues to accelerate, with a growing movement in seeking procurement talent to ensure the space is keeping up with constant changes.

“Procurement overall is struggling to keep up with the changes in data access and data proliferation and not because of technology, but because of people. We don't have enough people with the right skills to be able to help procurement transform at the pace at which we need it to change.”

Lance Younger, CEO at ProcureTech

Check out the full Spring edition.

News

The news that matters this week...

💰Keelvar raises €23 in Series B funding to simplify procurement and expand into US 

🤝 Legal & Professional services platform LexisNexis buys CLM Parley Pro to boost its ELM platform

💭 How can you overcome barriers when using AI in your procurement team? Craft explains 

How resilient is your supply chain? Makersite gives an insight into the crisis

🧑⚖️ Onit reveals the top 5 Challenges of working with Legal departments 

💸 Everstream Analytics closes $24m Series A funding round to propel technology innovation and expansion 

Experiences

The must-attend digital and procurement experiences...

🎉 ISM World ISM 22-25 May, Orlando, Florida

🎉 Addressing Risk and Compliance challenges using Digital Procurement tools Art of Procurement and Ivalua 31 May

🎉 eSolutions Days BME 31 May - 1 June

🎉 ESG webinar - Make It Count: Come together for a better future BT Sourced 1 June

🎉 How the war impacts Supply Chains: Dealing with sanctions, cyberattacks and other disruptions riskmethods 7 June

🎉 Innovation in Digitalisation and Technology: Insights from the ecosystem HICX On-demand webinar

Podcast

Check out the featured podcast...

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🔎 Martin Chilcott, CEO and Chairman of Manufacture 2030 spoke about sustainability and best practice in business, and how companies can reduce their environmental impact. Listen here 🎧


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If you enjoyed this newsletter, then please share with your peers and friends, more collaboration and conversation = more inspired action!

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As usual, we'd also love to hear your wisdom, feedback and suggestions on any 'hot' 🔥 digital procurement topics or events you'd like to hear more about or to share.

The ProcureTech Team

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Genevieve Landricombe

Transformation / Operational Leadership / Procurement / Legal / Financial Services / Trustee / NED

2y

Interesting review of EcoVadis research into 6000 tech companies over 5 years. Average score on sustainability scorecard 51%...

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