- Procurement is evolving beyond sourcing as it faces macroeconomic and supply chain challenges.
- BI Live will host a virtual event on July 30 titled Resilient Growth: Navigating Procurement Complexity.
- Panelists will discuss AI, visibility, and inclusion as key drivers of procurement innovation.
In today's high-stakes business environment, procurement is stepping into a new role—one that goes far beyond sourcing and savings.
At a time when volatility is the norm, procurement leaders are being asked to do more than keep the lights on. They're navigating macroeconomic headwinds, regulatory complexity, climate risks, and fragile supply chains. But instead of simply reacting, the most forward-thinking teams are using this moment to transform.
Business Insider will explore this inflection point at a virtual event on July 30 at Noon ET, titled Resilient Growth: Navigating Procurement Complexity.
Presented in partnership with Amazon Business, the panel will bring together top procurement executives to unpack how innovation—particularly around AI, visibility, and inclusion—is driving a new era of strategic leadership.
Procurement, once viewed as a cost center, is now a lever for business growth.
This timely conversation will examine how emerging technologies are reshaping procurement functions to scale smarter, operate more transparently, and deliver value that goes beyond efficiency.
The session will center around three strategic imperatives defining the future of procurement:
- Supplier diversity as strategy: Leaders will discuss how expanding supplier networks—especially through AI-powered tools—builds agility, inclusion, and redundancy into operations.
- Radical visibility: From predictive analytics to guided buying systems, procurement teams are gaining real-time insights that power faster decisions and tighter stakeholder alignment.
- Cost optimization without compromise: As businesses seek to do more with less, panelists will explore how AI is helping unlock smarter approvals, precision forecasting, and automated workflows without slowing down innovation.
The speaker panel includes:
Paula Glickenhaus, chief procurement officer at Bristol Myers-Squibb Company. Glickenhaus has over twenty years or experience in procurement and sourcing, and has held relevant positions at Kenvue, Google, Novartis, Bacardi, Viacom, Mondelez International and Colgate-Palmolive.
Sandhya Dhir, head of new solution development at Amazon Business. Dhir leads the development of new solutions across key industries like healthcare, manufacturing, and hospitality, working closely with cross-functional teams to build capabilities that drive both growth and impact.
Moderated by BI contributor, Shefali Kapadia, the conversation promises to deliver a mix of actionable insights and bold ideas for what comes next.
A detailed recap will be published on Business Insider following the event.
