The Future of Procurement is Here: Running Sourcing with Agentic AI Today
Agentic AI isn’t theoretical anymore—teams are already running compliant, flexible sourcing from intake to award with agents that automate the busywork, adapt to policy, and generate cleaner data for analytics and strategy. We’ll illustrate what “agentic, flexible, autonomous” looks like across intake, RFx, and award; how all-in-one stacks compare to modular add-ons; and how to measure real impact (cycle time, savings, adoption, and data quality) while keeping compliance, approvals, and audit trails built-in by default.
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Jim has over 20 years of supply chain, strategic sourcing, and procurement strategy and transformation experience. During that time, Jim’s teams have collectively delivered over $3 billion in cost savings, working capital improvement, and process efficiencies to companies across a wide range of industries. As a procurement practitioner in manufacturing, construction, and engineering companies, and as a consulting partner in E&U, Retail, Manufacturing, and CPG firms Jim has worked with C-level leaders to achieve new procurement target operating models optimizing the use of tail spend management, strategic sourcing, business process outsourcing, working capital, and supplier relationship management. Jim also brings significant experience in automation, having led some of the early AI installations in source to pay systems. Jim splits time between Minnesota and Florida, and is an avid sailor, swimmer, and scuba diver.
Kevin Frechette is the CEO and Co-Founder of Fairmarkit, the autonomous sourcing platform. Since starting Fairmarkit as a tail spend automation solution, he has met with and learned from thousands of supply chain and procurement executives to understand where technology can transform procurement. Kevin’s current focus is on exploring the possibilities for AI and automation across procurement and supply chain processes, most recently Generative AI. He notably has led Fairmarkit to being ranked 159th fastest growing company in America by Inc5000. Most importantly, he’s a girl dad to two “spirited” daughters and just expanded the family welcoming his son Grady :)
