Navigating the Future of Supply Chain & Procurement

Future of Supply Chain & Procurement

Highlights from Simfoni’s Panel Session at the 2023 Operating Partners Forum.

Staying ahead in private equity means embracing innovation and insights. Simfoni’s panel session at the 2023 Operating Partners Forum in New York City offered an enlightening deep dive into the challenges, trends, and innovative solutions reshaping the sector. Industry professionals gathered to extract insights and share expertise. Below is a recap of the significant insights delivered by the panel.

Moderated by Chirag Shah, Executive Chairman at Simfoni, the thought-provoking panel discussion brought a blend of expertise:  

  • Jana Wayne from Hunter Point Capital has spent over a decade and a half in procurement, holding pivotal roles at institutions like Blackstone and SK Capital Partners. 
  • Adam Cummins, a Principal at The Carlyle Group, boasts a rich 20-year track record, particularly in value creation for portfolio companies and supply chain management. 
  • Curt Miller, an Operations Consultant with Littlejohn & Co., is a private equity operations innovator, transforming businesses of all scales across various sectors. 

Harnessing Technology for Precision and Speed

The session kicked off with a dive into technology’s role in reshaping the sector. Curt Miller underscored the value of Machine Learning (ML) and Artificial Intelligence (AI) and cited the use of Spend Cubes as a game-changer, enabling rapid data insights and significantly improving decision-making. 

Operating Partners Forum

Spend Cubes: The Analytics Powerhouse

Jana Wayne passionately discussed the power of spend analytics. She delved into how Payment Term Analysis and other spend cube capabilities can drive impactful results, shedding light on the nuances of these processes and offering sage advice for newcomers to this realm, and shared real-world applications of spend cubes in enhancing performance.  

Unlocking Payment Automation Potential

Adam Cummins bridged the connection between Fintech and Private Equity, emphasizing the new value creation avenues they unlock. The discussion spanned a range of innovations, from 3rd party marketplaces to advanced automation strategies, and the pivotal role of Chief Procurement Officers in these transformations. 

Key Takeaways: Peering into the Future of Supply Chain Trends

The session culminated in a vibrant discussion on the future trends. The panel addressed: 

This forum was more than just a discussion; it was a roadmap to the future of supply chain and procurement. As businesses grapple with an ever-evolving landscape, forums like these offer valuable compass points. Whether you’re in the heart of the industry or just looking for insights, the revelations from this session are set to guide strategies for years to come. 

Dive into the future with Simfoni’s cutting-edge solutions and expert guidance. Let us transform your procurement and supply chain strategies, unlocking unparalleled value and efficiency for your portfolio companies. Don’t just keep pace — lead the way. 


Book a time with our procurement experts who will provide you with a guided tour of our software – helping you to understand and visualize how a best-of-breed solution, like Simfoni, can help you to achieve your most transformative digital procurement goals.

Laugh for a Cause: Charity Comics by Keith McCabe

Keith McCabe brings his comedic talents to charitable giving. Enjoy these delightful comics and know that your smiles contribute to something much bigger.