Muhammad Alam
TECHNOLOGY
Muhammad Alam
TITLE : PRESIDENT & CHIEF PRODUCT OFFICER , INTELLIGENT SPEND AND BUSINESS NETWORK
COMPANY : SAP
Alam joined SAP from Microsoft as
President and Chief Product Officer for Intelligent Spend and Business Network . He leads the engineering and design teams focused on procurement in SAP Ariba solutions and SAP S / 4HANA , travel and expense solutions in the SAP Concur portfolio , its external workforce solution in the SAP Fieldglass portfolio , as well as SAP Business Network . says Kevin Frechette , CEO and co-founder of autonomous sourcing solution Fairmarkit .
He adds : “ Today , with AI and GenAI on a vertical climb of innovation , procurement can now go back to the whiteboard and rethink how we can deliver better business results more efficiently . This is changing the game when it comes to procurement moving from a cost centre to competitive differentiator .”
The technology has also delivered specific selling points , such as a focus on a specific industry or priority . Danish AI startup Responsibly is a platform that helps companies automatically evaluate , report and take action on how sustainable their suppliers are and its founder , Thomas Buch Andersson , believes procurement is ripe for AI-led transformation .
procurementmag . com 107