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Procurement Insights from Letsema Consulting at Zycus Horizon Europe 2024

At Zycus Horizon Europe 2024, Kamen Govender from Letsema Consulting, Johannesburg, South Africa, shared his unique perspective as the only non-European attendee. He expressed gratitude for the opportunity to engage with procurement professionals from across the continent, noting both the commonalities and differences in procurement challenges faced globally, including those specific to Johannesburg.

For Africa, and particularly South Africa where procurement complexities often stem from supplier onboarding and risk management, the insights gained from European peers were eye-opening. Govender emphasized how Zycus’ AI-driven procurement solutions could help overcome these challenges, unlocking significant value for organizations in Johannesburg looking to optimize their procurement processes.
A key takeaway for him was the potential of AI-powered agent technology, showcased at the event. He believes these advancements could transform supplier onboarding, an area that remains a pain point for many Johannesburg businesses. He also highlighted the importance of risk management, an increasingly critical function in today’s volatile business environment, and how AI can enhance decision-making capabilities in Johannesburg’s dynamic market.

Govender praised Zycus’ new branding and vision for the future of procurement, stating that the messaging around AI and automation resonated strongly. The event, he noted, reinforced the importance of leveraging advanced technology to drive procurement excellence, not just in Europe, but across the globe, with a particular emphasis on Johannesburg and the broader South African market.

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