Buyers Meeting Point procurement by Kelly Barner

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"The Point" is written by BMP Editor Kelly Barner as well as a diverse group of guest contributors.

Recommended Procurement Webinars for March 20 - 24: AP Automation and Learning Supply Chains

Recommended Procurement Webinars for March 20 - 24: AP Automation and Learning Supply Chains

The new computing trends have officially reached a fever pitch. Few blog posts and events don’t discuss the potential of AI, automation, smart machines, and cognitive computing, and this week’s recommended webinars are no exception. Click on the title of each webinar below to view the full description and register.

BTW: If you haven’t already, sign up for our mailing list to be sure you get my weekly recommendations in your Inbox each Monday.

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Recommended Procurement Webinars for March 13 - 17: Automation, AI, RFXs, and Risk

Recommended Procurement Webinars for March 13 - 17: Automation, AI, RFXs, and Risk

Mark your calendars now – this week all the action is happening on Thursday. If you’re in New York City, consider registering for ISM-New York’s Annual Meeting on Procurement Risk Management. If you’re not already a member and need a connection, reach out to me directly and I’ll be glad to make an introduction. Click on the title of each webinar below to view the full description and register.

BTW: If you haven’t already, sign up for our mailing list to be sure you get my weekly recommendations in your Inbox each Monday.

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Webinar Notes: Man and Machine: Redefining Procurement’s Role in the Cognitive Age

Webinar Notes: Man and Machine: Redefining Procurement’s Role in the Cognitive Age

Last week, Procurious ran a webinar on cognitive technology along with panelists from IBM, Cognitive Scale, and the Entrepreneur’s Fund. The webinar is available on demand as a free, 2-part course on Procurious. For more about the webinar, or to view it on demand, click here.

As you might expect, terminology and definitions were very important in this webinar. What is cognitive computing? How is it different than AI? And who, exactly, is Watson?

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Our Recommended Procurement Webinars for November 7 - 11: Panel Palooza

Our Recommended Procurement Webinars for November 7 - 11: Panel Palooza

This week’s webinars are an unofficial panel-palooza celebration. From the CFO CPO relationship to the evolving role of robotic process automation at the management level to risk intelligence, this will be a great week for forming or redefining your position on critical topics. Click on the title of each webinar below to view the full description and register or visit the BMP events calendar to see what’s on tap for the rest of the month.

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Book Review: Tomorrow Today

Book Review: Tomorrow Today

“Because technology has become an extension of the knowledge worker’s business and personal life, it has become apparent that to separate the two is not just pointless, it is impossible.” (p. 15)

 

Tomorrow Today: How Ai Impacts How We Work, Live And Think
(And It’s Not What You Expect) by Donal Daly, CEO of Altify, is exactly my kind of book. Not only does it discuss recent developments in automation and AI and illustrate their impact on business and society through recent news stories, it is so full of enthusiasm for the future that it must have been written by someone with a background in sales.

Targeted at ‘knowledge workers’, this book addresses the challenges and opportunities faced across functions – sales, marketing, procurement, finance, etc. Will the rise of the machines eliminate the need for professionals who see themselves as strategic and value oriented today? Will humans and AI (Augmented rather than Artificial using Daly’s definition) settle into a kind of symbiosis that harnesses the advantages of each into a powerful combined capability? These questions – which might be dark and intimidating in a different context – are addressed head on and without hesitation.

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Best Procurement and Supply Chain Webinars 8/22 - 26

Best Procurement and Supply Chain Webinars 8/22 - 26

The following events are the ones I recommend attending this week out of all the webinars taking palce. Click on the title of each event below to view the full description in our events calendar and to connect to their registration pages.

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Best Procurement and Supply Chain Webinars 6/13 - 17

Best Procurement and Supply Chain Webinars 6/13 - 17

Here are my recommendations for the best way to spend 1 hour of thought provoking professional development time this week. Click on the title of each event below to view the full description in our events calendar and to connect to their registration pages.

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Best Procurement and Supply Chain Webinars 5/30 – 6/3

Best Procurement and Supply Chain Webinars 5/30 – 6/3

Even with the holiday Monday in the U.S. this week, there are still a couple of events worth catching. In fact, one is a ‘don’t miss’ webinar. Click on the title of each event below to view the full description in our events calendar and to connect to their registration pages.

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Robots, Warehouses, and Fulfillment

Robots, Warehouses, and Fulfillment

According to TechInsider, there are warehouse robots currently in place that could potentially boost productivity up to 800%. Yes, you read that correctly: eight hundred percent. With huge boosts in productivity, it comes as no surprise that companies such as Amazon are taking automation to the next level, but what impact will it have on their employees? If the numbers stack up, the robot takeover could be imminent, but that does not necessarily mean human warehouse employees will become obsolete.

As with most technological advances, employees must adapt.  Remember when basic computers were introduced to the workplace? Let’s take a look at some of the robots being used today, how they’re being utilized, and most importantly, what it means already or is going to mean for their human ‘coworkers.’

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Best Procurement and Supply Chain Webinars 3/28-4/1

Best Procurement and Supply Chain Webinars 3/28-4/1

In addition to the webinars recommended below, CPO Rising is taking place in Boston, MA on Tuesday and Wednesday. Buyers Meeting Point will be covering the event live as an official media partner. Follow the event live on Twitter using hashtag #CPORising2016 for the latest insights from leading CPOs and industry thought leaders. Click on the title of each event below to view the full description in our events calendar and to connect to their registration pages.

 

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Best Webinars 1/11-15: Challenging Fundamentals

Best Webinars 1/11-15: Challenging Fundamentals

Happy New Year! This week marks the start of a new year of webinars – and based on the first events out of the gate, 2016 is clearly going to be a year where it pays off to challenge the fundamentals. Click on the title of each event below to view the full description in our events calendar and to connect to their registration pages.

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Webinar Notes: Key Trends of Advanced Analytics

Webinar Notes: Key Trends of Advanced Analytics

These notes are from a September 2nd webinar presented by Alexander Linden, Research Director at Gartner. The event is available on demand and can be viewed here. You don’t have to be a hard core analyst to benefit from this event – the take aways were interesting and applicable to procurement even though it wasn’t a procurement-specific event.

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Webinar Notes: ePayments: Big Trends & Predictions for 2015

Webinar Notes: ePayments: Big Trends & Predictions for 2015

This week’s webinar notes are from a February 12th event hosted by Bottomline Technologies and presented by Andrew Bartolini of Ardent Partners. Once it is available on demand (assuming it will be) it should be listed on Bottomline’s website.

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Tomato, Tomato… Analysis, Analytics?

Tomato, Tomato… Analysis, Analytics?

Spend analysis solutions have long been critical enablers of procurement organizations. Over the last couple of years, however, the term analysis has gradually been replaced by analytics. In order to gather information on this transition, I reached out to Rosslyn Analytics, a company that has operated under the ‘analytics’ label since their founding in 2005, long before it was the prevailing term. I'd like to thank them for their help in putting this post together.

 

Let me begin by giving working definitions for both terms. According to BigDataCraft.com,

 

Analysis is the examination process itself where analytics is the supporting technology and associated tools.”

 

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