Revolutionizing Procurement: Tom Kieley’s Guide to Smarter Supply Chain Operations

How are supply chain leaders addressing disruptions and improving supplier relationships?In this episode, host Scott W. Luton speaks with Tom Kieley, CEO and co-founder of SourceDay, about how automation and AI are reshaping procurement and supplier collaboration. The conversation highlights SourceDay’s approach to reducing inefficiencies by automating purchase orders, predicting supply risks, and enhancing supplier reliability. Tom shares stories of companies that have reduced inventory costs, improved operations, and allowed their procurement teams to focus on strategic tasks.Listeners will gain insights into how buyers play a key role in procurement and how technology is being used to enhance communication with suppliers. The discussion also covers the benefits of data visibility and AI-driven decision-making, which are helping businesses avoid production delays and maintain a competitive edge in the global market.Jump into the conversation:(00:00) The Great Race: Tom’s family tradition and its connection to endurance and logistics(05:51) Overview of SourceDay and how it improves supplier collaboration(09:17) Managing supplier reliability and real-time PO changes(16:17) Addressing supply chain risks by reducing excess inventory(22:33) Buyers as the unsung heroes in procurement(23:18) SourceDay’s partnerships with ERP providers like Infor(24:58) A personal story: How SourceDay changed a buyer’s life(26:34) Saving costs for a tier-two automotive manufacturer(44:38) The future of SourceDay and upcoming innovationsAdditional Links & Resources:Connect with Tom Kieley: https://www.linkedin.com/in/tomkieley/ Learn more about SourceDay: https://sourceday.com/ Connect with Scott: https://www.linkedin.com/in/scottwindonluton/ Learn more about Supply Chain Now: https://supplychainnow.com Watch and listen to more Supply Chain Now episodes here: https://supplychainnow.com/program/supply-chain-now Subscribe to Supply Chain Now on your favorite platform: https://supplychainnow.com/join Work with us! Download Supply Chain Now’s NEW Media Kit: https://bit.ly/3XH6OVk WEBINAR- Mastering Shipping: Insider Tips for Reliable and Cost-Effective Deliveries: https://bit.ly/3XdC3t5WEBINAR- Creating the Unified Supply Chain Through the Symbiosis of People and Technology: https://bit.ly/3XDtrejWEBINAR- Defending Your Business from Ransomware and Cyber Threats: https://bit.ly/4d0VGcfWEBINAR- End-to-End Excellence: Integrating Final Mile Logistics: https://bit.ly/3ZlpE7UWEBINAR- AI for SMBs: Unlocking Growth with Netstock's Benchmark Report: https://bit.ly/3AWtoCDThis episode was hosted by Scott Luton and produced by Amanda Luton. For additional information, please visit our dedicated show page at: https://supplychainnow.com/revolutionizing-procurement-guide-smarter-supply-chain-operations-1326