"For the average company, the majority of enterprise value is shaped by an ecosystem of suppliers, partners, and third parties. AI is giving companies unprecedented visibility into their supplier ecosystems and enabling smarter, faster decisions at scale, transforming procurement from a support function into a strategic driver of enterprise value.
The evidence is compelling: organizations with leading procurement capabilities powered by AI achieve EBITDA margins that average five percentage points higher than their peers, and the gap between leaders and laggards continues to widen.
AI is creating a new generation of capabilities across the value chain: improving resilience and risk detection, uncovering new sources of value, sharpening sourcing decisions, strengthening supplier collaboration, and unlocking higher supplier performance.
Yet very few organizations are capturing this value at scale. Most remain stuck in experimentation.
In this keynote, Theano Liakopoulou, Senior Partner at McKinsey & Company, will explore how AI is reshaping procurement, how leading organizations are building the hybrid human-AI procurement team of tomorrow, what it takes to scale impact, and how companies can turn procurement into a competitive advantage."
