In this edition of SpendBytes, we focus on how, as a CPO, you can arrive at a sound digital strategy in your organization to align with the transformation in the procurement world. We’ve also showcased some of Infosys’ Procurement Business Applications, that leverage our AI platform NIA™, architected to minimize ramp-up time, to impart direct, meaningful and measurable business value.
We hope you enjoy reading!
As part of our on-going new ‘KREATE’ initiative, Infosys BPM and EdgeVerve, a wholly owned subsidiary of Infosys have been working together to bring business relevant insights and new business applications in the Procurement space.
Here’s a peek into our suite of intuitive Artificial Intelligence (AI) enabled Business Applications for Procurement, leveraging the Infosys Nia™ Platform.
To Know More Click Here!
“Only 18 percent of procurement leaders have a digital procurement strategy supported by a complete business case”
Read our practitioner’s view on how to re-examine your procurement functions’ future goals and develop a strategy thats effective.
1st of a 2-part blog post series by Shubham Tripathi
Our plug-and-play Procurement Business Applications built on Infosys Nia™ enables enterprises to move from a deterministic to a cognitive approach for their procurement processes. Here's how the Business Application Guided Buying #BuiltOnAI, Infosys Nia, can help simplify the buying process in an enterprise. Hear more from Avnish Singh, Senior Director & Regional Head - Products and Platforms, Infosys.
Join us for an interactive webinar on 26 July 2018, 1 PM EDT
Topic: Make Your Enterprise Smarter with Business Applications Built on AI
Read about unique experiences and personal insights from our procurement professionals across the globe.
In this edition, meet Shubham Tripathi, Business Development Director, Infosys Product and Platforms
I am a Business Development Director responsible for helping customers in their Digital Transformation of Sourcing and Procurement Operations using Infosys Source to Pay business apps powered by Artificial Intelligence (AI), Robotics Process Automation(RPA), Machine Learning(ML), Natural Language Processing(NLP), Conversational Assistants(Chatbots) and other digital technologies.
17 years ago I obtained my Engineering Degree from National Institute of Technology, Bhopal and very soon entered the world of consulting. My association with Sourcing and Procurement started when I joined the Supplier Portal Development team for one the leading CNC machine manufacturers in the US around 12 years ago.
The experience of sitting on a mezzanine floor of a manufacturing plant along with the Procurement Operations team and understanding everyday challenges of business users and suppliers was so intriguing that I decided to help sourcing and procurement to simplify operations. I joined a startup and built Bolt-On products for procurement that helped buyers collaborate with their suppliers in real-time and exchange information.
Subsequently I joined Infosys in 2011 and led the development of the Infosys Source to Pay Platform – ProcureEdge. Since then I have been fortunate to lead four large Source to Pay Digital Transformation Engagements across Asia, Australia, Europe, and North America. I help procurement teams solve their business problems, simplify operations using the right target operating model, solution architecture and use unique business solutions like Guided Buying that solve some difficult source to pay problems around user adoption, visibility and compliance leading to enhanced savings.
Having played multiple roles, I wanted to understand newer procurement problems and help protect businesses from digital disruption by providing effective solutions. Hence I took a role in business development as it helps me to be closer to some of the best minds in procurement, understand their problems and the solution they wish for, explore new technologies like AI, Blockchain, AR/VR to solve these problems and help procurement stay relevant and become strategic to their core business.
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