Shows
MetaPodLeveraging AI & Digitization in ProcurementExplore the transformative impact of AI and digitization in procurement with Ron Crabtree and Edmund Zagorin on MetaPod. Dive into the critical diagnostics for assessing procurement processes, practical strategies for integrating technology in procurement, and the importance of AI curiosity in modern procurement practices.
2024-08-2441 min
The AI in Business PodcastGuidance for Procurement Leaders in Recovering Supply Chains - with Edmund Zagorin of Arkestro and Len DeCandia of Johnson & JohnsonToday’s guests are Arkestro Founder & Chief Strategy Officer Edmund Zagorin and Johnson & Johnson Chief Procurement Officer Len DeCandia. Arkestro is an AI-driven startup in the procurement space with broad partnerships across the automotive, construction, and manufacturing sectors. Together, the two discuss procurement from a distinct leadership perspective and the broad range of challenges, from keeping talent ahead of scaling to the post-pandemic realities of recovering supply chains. If you’ve enjoyed or benefited from some of the insights of this episode, consider leaving us a five-star review on Apple Podcasts, and let us know what you learned, found help...
2024-04-1738 min
Negotiations Ninja PodcastPredictive Procurement with Edmund ZagorinOne of procurement's roles is to achieve cost savings while balancing the needs of the company. Predictive procurement starts with defining things like: What has to be true for the prediction to be accurate The level of confidence of the person making the prediction If something changes, is the prediction invalid? Predicting cost savings isn’t easy. That’s why Edmund Zagorin leverages technology. Learn why you should invest in predictive procurement technology in this throwback episode of Negotiations Ninja.
2024-03-0735 min
The Procurement Software PodcastPredictive Procurement orchestration – Edmund Zagorin from ArkestroIn this episode of The Procuretech Podcast, host James Meads welcomes back Edmund Zagorin, Founder and Chief Strategy Officer of Arkestro. They discuss the use of predictive models in various areas of procurement and supply chain.
Tune in for an insightful and forward-thinking conversation about the future of procurement and technology.
Predictive procurement orchestration: what is it?
This episode focuses on user-friendly technology in the procurement industry, catering to the expectations of the new generation. The discussion underscores the need for technology that doesn't alienate suppliers and simplifies the procurement process with a "one-click" approach.
It highlights the...
2023-11-0127 min
Sustainable Supply ChainHarnessing AI to Revolutionise Procurement: A Conversation with Arkestro's Edmund ZagorinSend me a messageHey folks, Tom Raftery here with another insightful episode of the Digital Supply Chain podcast. This time, I had the pleasure of chatting with Edmund Zagorin, the Founder and Chief Strategy Officer at Arkestro.Edmund has a unique perspective on the intersection of AI, procurement, and supply chain processes, and this chat was packed with fascinating insights. We explored the dynamic role of AI in transforming the procurement landscape and how it's helping to streamline operations and facilitate strategic decision-making in supply chains.One of the key themes we...
2023-07-3142 min
GrowCFO Show#141 How can CFOs Help Their Procurement Teams Avoid “Anchor Bias”? With Edmund Zagorin, CSO at ArkestroEdmund Zagorin joins Kevin Appleby on the GrowCFO Show. Edmund is CSO of Arkestro. Arkestro helps your team make buying decisions, faster, and at scale using Predictive Procurement Orchestration
Kevin and Edmund explore anchor bias and consider how CFOs can help their procurement teams avoid anchor bias and use predictive modelling to make better buying decisions.
https://youtu.be/5kV-IWd3fAU
Anchor Bias and Predictive Modelling
Anchor bias, also known as anchoring bias, is a cognitive bias that refers to the tendency for individuals to rely heavily on an initial piece of information (the "anchor") when making decisions. In the...
2023-07-1839 min
The AI in Business PodcastStreamlining Automotive Purchasing with AI - with Arkestro CEO Edmund ZagorinToday’s guest is Edmund Zagorin, Founder of Arkestro. Edmund founded Arkestro in 2017, and the company now operates in several industries in addition to the automotive space. In this episode, Edmund discusses two main topics: First, what makes the automotive purchasing process so complex, from buying electronics to seat fabric, the chassis, the tires, and onward. Secondly, Edmund pulls apart the many AI applications in this process and the data needed to help business leaders make more intelligent decisions about who we buy from, the pricing we’re paying for, and the past purchasing activities of our organizations. This epis...
2022-10-1336 minNegotiations Ninja PodcastAutomating Supplier Negotiations with Arkestro, ThrowBack with Edmund Zagorin, Ep # 306Automating supplier negotiations is easier than ever with Arkestro (formerly BidOps). Arkestro takes multiple variables—including behavioral analysis—into account to help forecast the outcome of negotiations. Edmund, the founder and CEO of Arkestro, shares how automating some aspects of supplier negotiations is the way of the future in this throwback episode of Negotiations Ninja.
2022-09-0530 min
The AI Time Journal PodcastPredictive Analytics in Strategic Sourcing | Ep. 28 Edmund Zagorin, CEO at Arkestro (formerly Bid Ops)In this episode of the AITJ podcast, we talk to Edmund Zagorin about strategic sourcing and procurement, predictive analytics, and much more.
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Edmund Zagorin is the founder of Akestro which is a platform: https://www.linkedin.com/in/edmund-zagorin-41291b13
Melissa Drew is an associate partner of IBM, founding member and committee chair of Women Leaders In Data & AI (WLDA). She is also the podcast host and associate editor for AI Time Journal: https://www.linkedin.com/in/m-drew/
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Our website - https://www.aitimejournal.com/
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2022-03-3145 minNegotiations Ninja PodcastPredicting and Achieving Cost-Savings in Procurement with Edmund ZagorinWhat does predictive procurement mean? Can you truly predict pricing? The ability to predict and achieve cost-savings in procurement and supply chain is where there’s often a gap. How do you make an accurate prediction based on data and then achieve it? Edmund Zagorin, the founder of Bid Ops, shares how you can make accurate predictions and achieve the elusive cost savings in this episode of Negotiations Ninja. Outline of This Episode [2:05] Learn more about the history of Bid Ops [5:26] Major issues procurement organizations face [6:55] How to source talent from within your organization [10:57] Opportunities for procu...
2022-02-1436 min
Bicara Supply Chain160. Predictive sourcing - How it will help revolutionize procurement?Guest Name: Edmund Zagorin, Founder and CEO of Bid Ops, Language: English, Publication date: Oct 23. 2021
Edmund Zagorin is the founder and CEO of Bid Ops., the first company to use artificial intelligence to fully automate supplier negotiations. As a strategic sourcing consultant, Edmund saw the inefficiency of combing through spreadsheets line item by line item to compare bids based on multiple different criteria, from this experience, Bid Ops was born.
Bid Ops was the winner of the Startup Competition at Digital Procurement World and was named "Best Startup" by the Shared Services & Outsourcing Network (SSON).
2021-10-2312 min
10K Collective e-Commerce PodcastChina Sourcing problems - Faster, Cheaper, Better Product Sourcing for Ecommerce with Edmund Zagorin of Bid OpsWe are still with Edmund Zagorin is the founder of Bid Ops, which is a “predictive procurement platform” that helps businesses drive 2-5X savings in their product sourcing they do that by getting better quotes faster. With Fortune 100 customers and impressive case studies, Bid Ops is changing the way business teams partner with suppliers.
You'll Learn:
If we motivate suppliers by having a plan B
Not count on your preferred suppliers being able to deliver forever
The overall theory behind the procurement
Consolidation vs optionality
To “Goldilocks” the number of suppliers
To have some geographical diversity
How to set up alerts...
2021-10-2028 min10K Collective e-Commerce PodcastInternational Sourcing Problems - Faster Product Sourcing for Amazon with Edmund Zagorin of Bid OpsEdmund Zagorin is the founder of Bid Ops, which is a “predictive procurement platform” that helps businesses drive 2-5X savings in their product sourcing they do that by getting better quotes faster. With Fortune 100 customers and impressive case studies, Bid Ops is changing the way business teams partner with suppliers.
You'll Learn:
Why traditional procurement is broken
The three different solutions to get around the shortage of labor
To understand whether a price is competitive enough to prove
That tasks that are easier to do get moved to the front of the line
Tips from a Strategic sourcing consultant
How re...
2021-10-1834 min
Mission Matters Innovation with Adam TorresUsing AI to Fully Automate Supplier Negotiations with Edmund ZagorinAutomation is improving many logistics and supply chain functions for companies worldwide. In this episode, Adam Torres and Edmund Zagorin, Founder and CEO at Bid Ops, explore how AI can be used to fully automate supplier negotiations, saving both time and money for companiesFollow Adam on Instagram at https://www.instagram.com/askadamtorres/ for up-to-date information on book releases and tour schedules.Apply to be interviewed by Adam on our podcast:https://missionmatters.lpages.co/podcastguest/Visit our website:https://missionmatters.com/More FREE content from Mission Matters h...
2021-09-1417 min
WBSRocks: Business Growth with Enterprise Software and Digital TransformationWBSP147: Grow Your Business by Forecasting the Outcome of Strategic Sourcing w/ Edmund ZagorinSend us a textAs a procurement leader, if you are too focused on seeking discounts, sometimes you might lose sight that the cost of spend could be higher than the discount you might be seeking. Also, as the number of SKUs increases in your organization, the SG&A costs rise at an increasing rate than your top line because of increased marginal overhead with each SKU. The cost of spend is a key metric that manufacturers and distributors need to measure and control. Or you might hit the growth inflection point.In today's episode...
2021-09-1345 min
Sourcing Industry LandscapeHow Savings Forecasts and Procurement Operations Align with C-Suite ObjectivesOn this episode of the Sourcing Landscape Podcast, Dawn sits down with Edmund Zagorin, Founder and CEO of BidOps Inc., the first company to use artificial intelligence to fully automate supplier negotiations. Listen in to hear Edmund’s thoughts on the future of Procurement and how Procurement can align itself with the CFO and C-Suite to transform itself from a cost center into a driver of cost savings. Learn more about BidOps >> Download the whitepaper >>
2021-08-1333 minSustainable Supply ChainPredictive Procurement, And Procurement With Purpose - A Chat with Bid Ops CEO Edmund ZagorinSend me a messageProcurement is a topic we don't cover enough on this podcast. Imagine then if we could cover off procurement, automation, and sustainability in one episode - and that is just what I did with this one. Meet Bid Ops.BidOps is a sourcing and procurement operations platform that helps procurement teams track key metrics, identify exceptions and run faster sourcing events to influence more spend and report out on procurement's impact.I invited Edmund Zagorin, the founder and CEO of Bid Ops to come on the podcast to tell...
2021-07-3032 min
Let's Talk Supply ChainBeat the Market, with Bid OpsToday I’m honored to be joined by Bid Ops, a cutting edge company with supplier diversity and sourcing collaboration at their heart, who deliver strategic sourcing software powered by AI. Using intelligent price recommendations and dynamic benchmarks, Bid Ops AI helps procurement teams overcome complexity to secure optimal commercial terms with top suppliers. Combining strategic sourcing and collaboration with supplier management and diversity, and even automated negotiations, the Bid Ops platform helps you to skip the back and forth and choose the right supplier, at the best price, quicker and smarter. Today Edmund Zagorin, fo...
2021-05-1043 min
FutureChainEdmund Zagorin, Founder of Bid OpsHow Bid Ops has automated supplier negotiations and brought artificial intelligence to supply chain management. Strategic sourcing trends for 2021 and so much more!Episode notes:John Cooper/Industrial Exchange on increased SKUs increasing management costs 7:12. ‘Spend fragmentation’ 8:17. Volatility and disruption 8:43. Massive congestion at ports 9:07. Instability associated with economic inequality 9:46. Strategy for identifying mission critical processes 10:09. Increasing optionality and process speed 10:52. How AI can automate supplier negotiations 11:33. Smart defaults 13:38. Cunningham’s law 14:06. Default pricing 15:23. Winners curse 16:23. AI and ML make automating intelligent price recommendations at scale possible 16:50. 2-5x cost saving 18:23. Adaptive target pricing 18:31. How be...
2021-03-181h 30
"Age of Miracles"Not Boring Interview with BidOps Founder Edmund ZagorinEdmund Zagarin is the co-founder and CEO of BidOps, a startup building strategic sourcing software powered by AI.
We discuss the global supply chain, how survey design informs good procurement software design, and how college debate informs the way that Edmund approaches running a startup.
Of course, we start out by asking Edmund to convince us that procurement is not boring.
If you want to learn more about the intersection of AI and procurement, check out BidOps' March 24th conference, Optimal.
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Send in a voice message: https://podcasters.spotify.com/pod/s...
2021-03-0954 min
World of ProcurementProcurement Tech with Bid OpsIn this series, I talk with Procurement Tech providers to find out about their product. I want this series to help procurement pros like you and I to know what solutions are out there to better enable our procurement activities.In this episode of Procurement Tech, I speak with Edmund Zagorin, the founder of Procurement Tech Company Bid Ops. Bid Ops software gives Procurement teams Supplier Management, Sourcing, Supplier Collaboration and much more.We talk about the following: The Origin Story of Bid Ops What Bid Ops does 3 case studies around how...
2021-01-2731 minThe Procurement Software PodcastE-Sourcing, AI and Game Theory - Edmund Zagorin from Bid OpsInnovation never stops. Alongside the tools that are making manual processes digital, there are also a new breed of tools which are fundamentally changing the way we go about our job.
How we structure and carry out tenders hasn’t really changed much over the last 20 years. E-sourcing tools have been around since the late 1990s, and have been pretty mainstream for the past 15 or so years (I used them myself way back in 2003)!
There are a lot of cool apps out there that are disrupting the old-school world of procurement. One of these concentrates on simplifying, shortening and using game...
2020-09-0936 min
The AI in Business PodcastAI and the Future of Procurement and Logistics - With Edmund Zagorin of BidOpsDiscover how AI is transforming procurement as we interview Edmund Zagorin, founder of a bay-area, venture-backed startup called BidOps. Edmund shares his valuable perspective about what the future of AI in procurement looks like and how it ties into the broader landscape of logistics and supply chains. Learn more about how to make the business case for AI in the enterprise: emerj.com/p1
2020-06-0234 minNegotiations Ninja PodcastThe Impact of Artificial Intelligence on Procurement NegotiationThe use of artificial intelligence is widespread throughout many industries and is becoming available in procurement negotiation with a platform called Bid Ops. Bid Ops is one of the first companies to use artificial intelligence to fully automate supplier negotiations. Edmund Zagorin joins me in this episode of Negotiations Ninja to talk about how Bid Ops forecasts the outcome of a negotiation, develops quotes, and helps smooth the negotiation process. Edmund is the founder and CEO of Bid Ops. He started his career as a procurement officer as well as the Assistant Program Director for Debate at t...
2020-03-2329 min
Art of Procurement295: Bid Ops - AOP Start Up SeriesProcurement has always been fertile ground for tech entrepreneurs. We have pulled together some of the most compelling – and potentially disruptive – procurement solutions for a Special Startup Series. We will ask each entrepreneur questions about what gap in the market their solution addresses, how they differentiate their technology and what their tools look like in action. In this podcast, we interview Edmund Zagorin, the Founder of Bid Ops. Bid Ops is a sourcing enablement platform founded in 2018. Discussion highlights include: Where the majority of time is invested in a sourcing process, and how that can...
2020-01-2719 minArt of ProcurementAutomating the Negotiation Process w/ Edmund ZagorinMy guest is Edmund Zagorin. Edmund in the founder and CEO of BidOps, and I hope he won’t mind me saying, but a technology geek when it comes to procurement. Our conversation today focuses on the application of emerging technology to the sourcing process - particularly complex sourcing events - and the subsequent negotiation process. Of particular interest to me was Edmund’s quest to automate the negotiations process. I dug into the what, the why and the how as I explored if negotiations can be completely automated, or if automation in the negotiation proce...
2018-11-2652 min