2023 Top 10 Predictions

Top 10 2023 Predictions: Revealing the way ahead for digital procurement

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This week, we hosted 2023 ProcureTech Predictions & Purpose. 

Joined by an expert panel of leading corporates, we discussed the 2022 ProcureTech100’s predictions, providing a unique leaders’ view of what’s in store for digital procurement in 2023. 

Over 70 predictions for 2023 were provided by the ProcureTech100 pioneering digital solution providers which provided inspiration for the panel discussion.  

The webinar elicited engaging conversations between the panel, each sharing their own experiences, successes and struggles of using and looking for the right digital solutions. The attendees also voted on the predictions that they consider most relevant and likely to happen. 

The panel

– Dr Elouise Epstein (Partner, Kearney) 
– Vanya Petrovic (Director, Digital Procurement, Coca Cola Europacific Partners) 
– Sam De Frates (Global VP – Commercial Performance, Capabilities & Services, Mars) 
– Mark Smith (Procurement VP – Digital & Talent Supply, BP) 
– Lance Younger (Founder & CEO, ProcureTech) 

The conversation was engaging… 

“Curation is key… We’re always thinking of practical ways to incentivize suppliers to use sustainable methods.” Vanya Petrovic
“Risk: when the tide goes out, you see the old pipes and rusty trollies. Then you can see who had your back; who was there to help you out? Or who was just there to get their invoice?” Sam de Frates 
“Total Talent Management, AI and Analytics capabilities will be essential, especially to manage new categories of spend” Mark Smith
“If your data’s not good, guess what’s not going to be good… your output!” Dr Elouise Epstein

We’re also excited to share the Top 10 Predictions for 2023 as voted for by the webinar attendees: 

1. Sustainability is a consideration in every sourcing decision

Ali Cohen, Brand & Marketing Lead, Archlet

2. Cross-functional, stakeholder-oriented collaboration

Lubos Libiak & Drasko Jelavic, Cirtuo

Organisation & talent
3. Digital solution proliferation is unstoppable and connectivity will be crucial

Adriano Garibotto, Chief Sales & Marketing Officer, and Co-founder, Creactives SpA

Digitalisation & Intelligence
4. Digital transformation to develop Supplier Diversity


5. Accelerated decision making and best-in-breed tech

Kevin Frechette, CEO and Co-founder, Fairmarkit

Digitalisation & Intelligence
6. Corporate initiatives delivered by integrated procurement/business teams

Kevin Frechette, CEO and Co-founder, Fairmarkit

Organisation & talent
7. Multi-tier supply chain visibility

Ilya Levtov and Seb Butt, Founder & CEO, and Global Business Development, Craft

Supplier Management & risk
8. Digital innovation to turn cost centres into revenue generators

Paul Polizzotto, Founder & CEO, Givewith

Commercial & Productivity
9. Scope 3 carbon reduction

Christian Heinrich, Co-founder, carbmee

10. Supply chain sustainability accountability and managed action

Malin Schmidt, Founder & CEO, Kodiak Hub


Look out for the full predictions from the 2022 ProcureTech100 pioneers! 

Want to make the predictions a reality? Contact ProcureTech to find out how: 

ProcureTech StrategyLAB Hot-house for your digital procurement strategy, operating model & roadmap 
ProcureTech SCOUT Scout, source, select & scale innovative digital procurement solutions 
ProcureTech ACCELERATORFast-track programme to co-create digital procurement partnerships

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