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Transform Your Procurement Strategy at ProcurementLIVE Chicago

Ready to replace under-utilized legacy software or a complex sourcing process with AI-powered sourcing?

Join LightSource at ProcurementLIVE to discover how leading procurement teams are achieving > 5% average savings per RFQ while reducing cycle times by 30-50%.

Our AI-enabled platform consolidates scattered sourcing data into one powerful system that delivers real-time BOM visibility, automated bid analysis, and seamless collaboration between procurement and engineering teams.

What You'll Experience:

  • Live demos of our modern procurement platform replacing outdated tools
  • Real-time BOM cost breakdowns and detailed quote comparisons
  • Streamlined New Product Introduction (NPI) sourcing workflows
  • Enhanced collaboration capabilities bridging procurement and engineering
  • Strategies for navigating global trade challenges and supplier disruptions

Don't Miss:

CEO Spencer Penn's panel discussion on "The 2025 Global Trade Reset" - exploring how innovative procurement technologies help navigate tariff impacts and trade volatility.

Visit Booth #G8 and see why LightSource customers have already processed over $32B in spend with industry-leading adoption rates.

 

Ready to illuminate your procurement process?

Secure your personalized demo at ProcurementLIVE and discover how LightSource can transform your sourcing strategy.
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Connect With Us in Chicago

Speaking Session

The 2025 Global Trade Reset: A Fireside Chat on Tariff Impacts & Proactive

Procurement Stage
May 29, 2025 | 12:40 - 13:05 (CDT)

Join our fireside chat featuring Pierre Mitchell (Spend Matters), Nico Orduz (TIME Manufacturing), and Spencer Penn (LightSource) as they discuss procurement strategies amidst unprecedented trade volatility.

Learn how leaders leverage data, risk management, and innovative tech to transform challenges into strategic advantages.

Meet the Team

Experts On-Site at Booth G8

Ali Ruben has over 6 years of consulting experience from Deloitte and McKinsey, specializing in Business Technology Transformation.

Anya Korbut has been at LightSource for over 2 years supporting Customer Success, Business Operations, and Deployment Strategy after an internship with Bain Capital.

Forrest Jensen has over 8 years of software Account Executive experience, with over 2 years of inside sales. He's been at LightSource for over 2 years and also leads partnerships.

Vendor Analysis

Vendor Analysis

Get the complete picture with Spend Matters' 2025 Vendor Analysis and our comprehensive supplementary Buying Guide.

This in-depth buying guide reveals how LightSource's AI-native platform is transforming procurement for industry leaders like with proven results including $7.7M in savings and 10x productivity gains.

Customers Using LightSource Have Already Seen Results
$32B+
of Spend Awarded
$10M
of Savings on Average
45%
of Sourcing Cycle Time Accelerated
10K+
of Suppliers On-Boarded

LightSource Featured at NYSE

Recently, Spencer Penn, CEO of LightSource, had the distinct honor of being interviewed by Judy Shaw on FloorTalk at the New York Stock Exchange.

For Spencer, this was a significant milestone, a "bucket list item" that underscores the growing recognition of procurement's pivotal role in today's enterprise landscape.

As an AI-powered enterprise procurement platform changing the status quo in strategic and direct sourcing, LightSource is designed to transform direct sourcing "from a tactical function into a strategic advantage."

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