Art of Procurement15 Sep 2025

832: AI, Data, and the New Procurement Advantage W/ Vel Dhinagaravel

"Procurement is going to be on the front lines, creating competitive advantage for the corporation." - Vel Dhinagaravel, CEO at Beroe

AI isn't just a buzzword anymore… it's rapidly becoming procurement's sharpest tool for staying ahead.

Business leaders now demand more than "check-the-box" savings; they want real, data-driven competitiveness that puts their organizations at the front of the pack. The big question: how can AI and always-on intelligence transform procurement's role and impact?

In this Art of Procurement podcast episode, Beroe CEO Vel Dhinagaravel joins host Philip Ideson for a candid conversation on the reality (and roadblocks) of using AI in procurement. Vel draws from deep experience and real-world case studies to reveal where intelligence platforms are making a difference, how measurement is shifting, and what mindsets are needed to win in today's faster, more transparent world.

From rethinking metrics to unlocking competitive benchmarking and avoiding overhyped tech promises, this conversation gives procurement leaders practical advice they can use now.

In this episode, Vel discusses:

How leading CPOs are moving from point-in-time savings to continuous value
Why benchmarking against competitors (not just last year's spend) is the new mandate
Where and how to use AI for measurable results
Ways to spot the hype vs. real limitations in intelligent agent tools
How to prepare your team for the market's next leap in performance

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