Let’s face it, MRO inventory is usually overbought and underinsured, costing millions. But organizations rarely do anything about it because they’re convinced their data just isn’t in a good enough place to make MRO optimization a priority. But perfect data doesn’t exist, it never will, no matter how many data cleanses you waste money on. Explore how AI is creating a new approach to MRO/indirect materials optimization and bridging the gap between procurement and operations teams, while breaking the stigma of having to have perfect data to get started. Learn how leading manufacturers have adopted an AI approach and have learned the secret that’s been hiding in plain sight. We’ll discuss topics such as: -Eliminating the need for lengthy and costly data cleanse projects -Increasing visibility of spend and price variances to reduce tail spend -Building confidence in your MRO inventory availability to ensure you will have the right part at the right time at the right place, at the right cost -Identifying millions in savings opportunities through inventory deduplication, revamped stocking policies, and network-sharing opportunities

Recent disruptions have exposed the single points of failures within our supply chains, and major nations across the globe are now contemplating or pushing towards ‘sovereignty’ of their supply chains. ‘Made in America’ is one such initiative for the White House with an eye toward building American Supply Chain Resilience. Similar initiatives are in play by EU, India, and other governments Join Supply Chain Insights’ Lora Cecere, Supply Chain Now’s Scott Luton, and Coupa’s Madhav Durbha in this highly thought-provoking session, exploring ideas such as: -What a “sovereign” or “Made in America” supply chain looks like -Forces that are driving the government and organizations towards sovereign supply chains -Implications for your supply chain -How to prepare