Speaker: Friedrich Kern
Friedrich Kern is Co-Founder of Prospeum. Friedrich has several years of experience in procurement (i.a. Osram), management consulting as well as requirements engineering and development of innovative R&D products.
During his work for a technology startup in 2017 he and his cofounders recognized the need for an advanced sourcing system in the area of innovative products.
In cooperation with procurement and sales experts a new kind of Innovate-to-Contract solution was created. Prospeum’s AI based system enables procurement departments to better plan projects with a high need for coordination (esp. innovative IT and engineering projects) straight from the beginning, in order to increase success rates significantly. The system supports with assisted requirement engineering, supplier scouting as well as transparent and collaborative supplier-communication. In the following RFX process, the system supports with transparent and compliant quotation collection, evaluation and vendor selection. Hence, we enable our customers shape their sourcing process to be more transparent and collaborative, and ultimately make better business decisions