Big Data Analytics Revolutionizing the Procurement Process

Big Data Analytics for procurement has become a game changer as it can help organizations in reducing costs, utilizing time, labor, capital and other resources more effectively. In the ecosystem of procurement, the benefits of Artificial Intelligence (AI) can be significant. It includes providing actionable, real-time insights about the availability and lead times of materials, cost, and operational risk of the suppliers and the geographies they operate in. With robust decision making skills and leadership, this knowledge pool can boost organizational agility among others.

Join us in this webinar to get an insight on ways in which Big Data can improve the procurement process and optimize costs apart from the actions that could be taken by procurement professionals to elevate its influence in the AI driven world.

Key Takeaways From The Webinar:

  • What is Procurement Analytics and why is it important?
  • Strategies to help procurement leaders get value from Big Data
  • Challenges faced by companies
  • Case Study: Innominds’ solution for a global leader in building materials
  • The future of Procurement Analytics, and how Deep Learning and Machine Learning are breaking new grounds

Target Audience:

Procurement Managers, Business Analysts and anyone with an interest in Procurement Analytics. 

Watch On Demand Webinar



Ravi Kumar Meduri

EVP - Digital and IP Solutions at Innominds

Ravi is responsible for creating digital solutions and IP for Innominds. As a passionate Big Data and AI practitioner, Ravi has delivered solutions in several verticals including Manufacturing, CPG, Retail, Telecom, Supply Chain, Spend Analytics, Parts Management and Operations.

Karthik Mohan

Karthik Mohan

Manager - Engineering Services at Innominds

Karthik Mohan has extensive experience in the field of analytics, technology, engineering, and sales. An alumnus of the Indian School of Business, he has completed his Electrical Engineering from National Institute of Technology, Kurukshetra.