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 confirmed that modern supply chains must be built on a more resilient foundation. Not just to help manage risk, but to be better positioned to deal with and even gain advantage from disruptions. Along these lines, the notion of agility is also gaining ground in order to quickly adjust supply chain tactics. The question is: can our supply chains be both at the same time? Join this in-depth discussion as we explore the importance of building robust and responsive supply chains to act as a competitive advantage in 2022 and beyond. In this session, you will learn about: – How organizations need to think beyond the current paradigms of supply chain planning and decisioning – Balancing the need for cost optimization with agility and resiliency – The role of continuous supply chain design as a means to be both agile and resilient – Technology implications to support a continuous design approach Featured Panelists: Lora Cecere, Founder, Supply Chain Insights Madhav Durbha, VP of Supply Chain Strategy, Coupa Scott W Luton, Founder, CEO & Host of Supply Chain Now