The success of procurement relies on fostering a robust, data-driven culture that empowers informed decision-making and streamlines processes. A good data posture—built on trusted supplier data—is essential for achieving these goals. TealBook, Procurement Leaders, and an expert panel of speakers explored the key components of a successful data-driven procurement strategy, including the role of Gen AI.

The session focused on:

• The main challenges that come with creating and maintaining a robust data posture
• How a strong data foundation enables successful adoption of technologies like Gen AI
• Practical strategies from S&P Global and Zimmer Biomet for enhancing data-driven processes
• Gen AI in action: Real-world use cases for supplier recommendations and insights