EVENT REVIEW
Heightened work-fromhome procurement risks One of the major digital risks that procurement leaders have encountered over the past 18 months is cybersecurity . Particularly , the security of devices during the pandemic as the majority of businesses were forced to adapt to remote working . Charlotte DeBrandt , Global Head of Procurement for Amazon , provided valuable insights into potential criminal entry points , which became more exposed as workforces were dispersed . “ It has opened up doors . Everyone had to go digital over a short amount of time and not many organisations were prepared . Not many even had a risk organisation within their companies and not many even knew what to do or how to go about , especially if they didn ’ t have the budget available . I think it has opened up a lot of doors for criminals to enter , to try and get data in an illegal way . It has increased the creativity of criminals ,” DeBrandt says .
DAY TWO
Technology and AI applications The second day of Procurement & Supply Chain Live was centred around technology and the implications of using artificial intelligence and machine learning in procurement . David Loseby , Chief Procurement Officer at Barkers held a talk about the fascinating topic of cognitive diversity , which is the inclusion of various working individuals who have varying styles of observation and problem-solving . Loseby illustrated that cognitive diversity within a procurement organisation is capable of reducing risk by 30 % and providing 20 % more innovation within teams .
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