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The Sourcing Industry Landscape


Jul 8, 2019

Nikesh’s journey into procurement wasn’t a straight line. After dabbling in a few different ventures from medicine to real estate, Nikesh came to realize that companies were dealing with an abundance of data but no one to interpret it. Through artificial intelligence and machine learning, he created Suplari to fill an important niche in the procurement industry to help procurement teams interpret their data to gain new business insights.

Key Takeaways:

  • The future of procurement lies with CPOs who look for ways to align with the company’s corporate initiatives and goals.
  • By rejecting the status quo, procurement teams can have a material impact on the initiatives and KPIs of the company.
  • Don’t give up just because your idea didn’t work the first time you tried it