IT Visionaries

The Future of Procurement: Real-Time Supply Chain Intelligence


Listen Later

Every product a company ships depends on thousands of tiny decisions happening deep inside the supply chain. But most organizations are still making those decisions using stale spreadsheets, fragmented systems, and guesswork.

In this episode, we explore how AI-driven procurement intelligence is changing the game – moving teams from reactive firefighting to proactive supply chain planning.

Our guest today is Shardul Shah, cofounder of VeritosAI. He breaks down the hidden risks inside modern supply networks, why so many companies still lack real-time component and supplier visibility, and how better data can prevent shortages, backorders, and costly redesigns before they happen.

We discuss:

  • Why most organizations still rely on Excel for procurement decisions
  • The real reason supply chain disruptions keep catching teams off guard
  • How AI and real-time data can alert teams to risks ahead of time
  • The growing need for operational visibility across engineering, finance, and sourcing
  • How procurement becomes a strategic advantage, not just a cost center

If you’re responsible for building products, managing vendors, scaling hardware, or supporting manufacturing operations, this conversation will change how you think about supply chain intelligence and the future of procurement.

Key Moments:

  • 0:00 Who Shardul Is & Why This Matters
  • 2:10 The Problem That Sparked VeritosAI
  • 6:06 Why Procurement Visibility Is Broken
  • 15:55 How VeritosAI Works (High-Level Overview)
  • 19:40 Why Supply Chain Is So Hard to Manage
  • 22:30 Identifying Alternative Parts & Replacements
  • 26:43 Real Example: The Power of Component Visibility
  • 29:00 The Role of AI in Modern Procurement
  • 35:15 The Current State of Procurement (And Its Challenges)
  • 38:50 The Biggest Skill Gap in Procurement: Understanding Cost
  • 46:00 The Disconnect Between Engineering & Procurement
  • 50:40 The Future: AI-Powered Procurement Command Centers

-- 

This episode of IT Visionaries is brought to you by Meter - the company building better networks. Businesses today are frustrated with outdated providers, rigid pricing, and fragmented tools. Meter changes that with a single integrated solution that covers everything wired, wireless, and even cellular networking. They design the hardware, write the firmware, build the software, and manage it all so your team doesn't have to.

That means you get fast, secure, and scalable connectivity without the complexity of juggling multiple providers. Thanks to meter for sponsoring. Go to meter.com/itv to book a demo.

---

IT Visionaries is made by the team at Mission.org. Learn more about our media studio and network of podcasts at mission.org.


Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

...more
View all episodesView all episodes
Download on the App Store

IT VisionariesBy Mission

  • 4.6
  • 4.6
  • 4.6
  • 4.6
  • 4.6

4.6

170 ratings


More shows like IT Visionaries

View all
Freakonomics Radio by Freakonomics Radio + Stitcher

Freakonomics Radio

31,989 Listeners

This Week in Startups by Jason Calacanis

This Week in Startups

1,285 Listeners

WSJ Tech News Briefing by The Wall Street Journal

WSJ Tech News Briefing

1,641 Listeners

The a16z Show by Andreessen Horowitz

The a16z Show

1,091 Listeners

Software Engineering Daily by Software Engineering Daily

Software Engineering Daily

623 Listeners

HBR IdeaCast by Harvard Business Review

HBR IdeaCast

161 Listeners

Gartner ThinkCast by Gartner

Gartner ThinkCast

111 Listeners

Super Data Science: ML & AI Podcast with Jon Krohn by Jon Krohn

Super Data Science: ML & AI Podcast with Jon Krohn

301 Listeners

NVIDIA AI Podcast by NVIDIA

NVIDIA AI Podcast

334 Listeners

The Story by Mission

The Story

235 Listeners

Cybersecurity Today by Jim Love

Cybersecurity Today

181 Listeners

Mission Daily by Mission.org

Mission Daily

220 Listeners

Inside the Strategy Room by McKinsey & Company

Inside the Strategy Room

168 Listeners

Education Trends by Mission

Education Trends

40 Listeners

The Future of Cities by Mission

The Future of Cities

76 Listeners

Marketing Trends by Mission

Marketing Trends

276 Listeners

The Journey by Mission.org

The Journey

59 Listeners

Find Your Mission by Mission

Find Your Mission

38 Listeners

Hidden In Plain Sight by Mission

Hidden In Plain Sight

87 Listeners

All-In with Chamath, Jason, Sacks & Friedberg by All-In Podcast, LLC

All-In with Chamath, Jason, Sacks & Friedberg

9,926 Listeners

Up Next In Commerce by Mission

Up Next In Commerce

136 Listeners

Big Technology Podcast by Alex Kantrowitz

Big Technology Podcast

497 Listeners

Cyber Security Headlines by CISO Series

Cyber Security Headlines

140 Listeners

Business X factors by Mission

Business X factors

23 Listeners

The Fleet by Mission

The Fleet

18 Listeners

The AI Daily Brief: Artificial Intelligence News and Analysis by Nathaniel Whittemore

The AI Daily Brief: Artificial Intelligence News and Analysis

617 Listeners

Experts of Experience by Mission.org

Experts of Experience

28 Listeners

Life with Pets by Buddies by Blue Buffalo

Life with Pets

58 Listeners