**Paris**: Thousands of procurement leaders will gather for Ivalua NOW 2025 in Paris and New Orleans, discussing strategies under the theme ‘Innovate to Elevate’, addressing market challenges, and exploring the role of AI and sustainability in enhancing procurement practices.
Thousands of procurement leaders are set to convene for Ivalua NOW 2025, a significant event aimed at exploring innovative strategies within the procurement sector. The two-day conference, which carries the theme “Innovate to Elevate,” will take place at the Carrousel du Louvre in Paris from March 11-12 and subsequently at the Caesars Superdome in New Orleans on May 21-22. Attendees will also have the option to join virtually, with the event being free for procurement and finance professionals.
In light of ongoing market challenges and intense competition, procurement teams are feeling significant pressure. Although new technological advancements, particularly in Generative AI, have the potential to increase productivity and refine decision-making, many organisations have only seen modest improvements, largely limited to automating specific tasks. Experts suggest that to fully unlock the potential of procurement, organisations will need to adopt a broader approach that goes beyond simply integrating new technologies. This means encouraging new operational methodologies and fostering a culture of ongoing innovation.
This year’s Ivalua NOW event expects to attract over 1,000 influential figures from distinguished organisations such as Prada, Veolia, and Cleveland Clinic. The agenda will cover a range of topics, from the application of AI in procurement to strategies for enhancing sustainability and navigating supply chain challenges.
Commenting on the event, Jan van Hueth, Senior Project Manager at Koerber AG, stated, “Ivalua NOW is an invaluable opportunity to engage with industry leaders, learn about innovative solutions, and share actionable takeaways.”
Franck Lheureux, Chief Executive Officer of Ivalua, highlighted the evolving role of procurement professionals, asserting that they are now positioned as “truly strategic partners” capable of delivering substantial value by leveraging technology and expertise. He emphasised the need for continuous innovation in response to unpredictable market dynamics, saying, “To remain agile in the face of disruptions and rapidly evolving demands, procurement must continuously innovate to elevate its impact.”
As the event dates approach, industry participants are encouraged to register and attend to contribute to the future direction of procurement practices.
Source: Noah Wire Services