BristleCone Pulse 2017 Presentation at MIT. James Heidrich is an Operations and Supply Chain Systems and Process Transformation expert, with over 20 years of experience in the delivery of premium transformation, optimization, standardization, and concept coordination services on an international scale. He is also a DMAIC and DMEDI Black Belt and Lean methodology expert. James’ know-how encompasses the whole gamut of Project Management and complex global Supply Chain Management. He is an articulate and culturally sensitive communicator and public speaker who believes in nurturing a strong relationship among stakeholders, suppliers, and various departments. James is known in the industry for his exceptional analysis of trends and statistical data, and the dovetailing of key corporate functions to maximize corporate productivity.

1. The Future Of
Procurement In
The Digital Era
James Heidrich

2. “It is bad procurement
policy to unilaterally lock
itself into one set of
technologies.
-Tom Schatz
2

3. 3

4. Procurement and
Supplier Relationship
Leverage supplier relationships
for innovation to better manage
and impact overall procurement
value proposition.
“

5. Procurement and Supplier Relationships
Cost
Reduction
Logistics Inventory Quality
Supply chain
management

6. Digital Strategies
“Strengthening alignment and
collaboration between finance
and procurement functions.

7. 7
i. Catalogues and Contracts
ii. More spend under procurement
control
iii. Various mobile approvals
iv. Integration of budgets into these
systems
Fully- integrated
P2P systems

8. 8
i. Services
ii. People and Systems
iii.Value Chains
Full Digital Category
and Service
Procurement

9. Procurement
Technologies
“A new wave of digital
procurement
technologies are
coming.

10. 10
Machine Learning
Artificial Intelligence
Robotics
Automation User Experience

11. 11
“Artificial
Intelligence (AI)

12. 12
Machine
Learning“

13. 13
UX
“Integrating procurement
technology to streamline
end-user experience.

14. 14

15. 15
“
Capitalizing on the Blockchain
Technology
Sharpen up security and
enhance operational efficiency
of procurement processes
with blockchain integration.

16. 16
Blockchain technology would be an excellent
alternative to optimize the procurement process.
It is …..
Accurate.
Precise.
Secure.
It can reduce errors, delays and additional costs and save
a lot of valuable time.

17. Digital Supply Chain and
Supplier Management
Higher level of
accountability and
multi-stage
integration across
the entire supply
chain.
“

18. 18
Sustainable End-to-End Supply Chain
Risk Visualization
So, What’s Next?

19. 19
Machine
Learning
Artificial
Intelligence
Robotics
Automation
User
Experience

20. Developing
Organizational
Capabilities
Organization and
capabilities need to
change to capitalize
on the digital
revolution.
20
“

21. Thank you
21