The New 80/20 Rule: Maximizing Procurement Impact with AI
The 80/20 rule has long shaped procurement strategy, but what if AI could shift the equation? In this webinar, we’ll explore how AI agents and automation are transforming procurement, not just by optimizing spend, but by fundamentally changing the way work gets done.
Learn how AI enables teams for high-impact strategy work, why a connected technology ecosystem is critical for AI adoption, and how businesses can integrate and orchestrate AI-driven workflows through Agentic AI.
Hear from Nitin Gupta (Mondelez International, Senior Director, GBS Source-to-Pay), Stephen Simko (SVP, Global Procurement Service Line Leader, Genpact), and Kevin Frechette (Fairmarkit, CEO and Cofounder), as they discuss the next evolution of procurement and how organizations must adapt their processes to stay ahead.
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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 :)
With over 9 years of experience at Mondelez, Nitin has spearheaded initiatives such as the Procurement Data Hub & Analytics, MDIB (Mondelēz Digital Indirect Buying), P2P Automation, the Value Impact Program, and the Finance FP&A COE Implementation. Before joining Mondelez, Nitin accumulated 12 years of experience at BP, Amex, Macquarie, and Whirlpool, where he led shared services implementations and developed domain expertise in Finance, STP (Source-to-Pay), and OTC (Order-to-Cash). He is also known for driving digital innovations and transformations.
