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Transform Your Procurement Strategy at Procurement Summit in Hamburg

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

Join LightSource at Procurement Summit 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  • Live demos of our modern procurement platform replacing outdated tools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 Masterclass on "AI is Revolutionizing Direct Procurement, But it Won't Take Your Job (Someone Who Knows How to Use AI Will)"

Visit Booth #B58 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 Procurement Summit in Hamburg and discover how LightSource can transform your sourcing strategy.
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Connect With Us in Hamburg

Speaking Session-2

AI is Revolutionizing Direct Procurement, But it Won't Take Your Job (Someone Who Knows How to Use AI Will)

Masterclass
Wednesday, June 25, 2025 | 1715-1745


The procurement landscape is broken. Complex global supply chains, mounting stakeholder pressure, and data overload have turned sourcing into a survival game played with outdated tools.

But here's the opportunity: AI in procurement is exploding from $1.9B in 2023 to a projected $22.6B by 2033. The question isn't whether AI will transform procurement—it's whether you'll lead the transformation or get left behind.

What You'll Discover:

The AI Arsenal for Procurement Leaders:
Machine Learning algorithms that automate RFP/RFQ generation and refinement
Natural Language Processing that turns contract chaos into clear insights
Generative AI that uncovers hidden cost-saving opportunities in your spend data
Predictive analytics that transform demand forecasting from guesswork to science

Real-World Battle Stories:

Drawing from experience building procurement solutions at scale, we'll tackle the hard truths: messy data, change-resistant teams, and legacy systems that seem determined to sabotage progress. You'll learn practical strategies for overcoming these obstacles and identifying "quick wins" that build momentum.

Your Strategic Roadmap:
Focus on high-impact use cases first
Build data quality from day one
Navigate organizational politics (IT, finance, and beyond)
Train teams for AI-augmented success

Meet the Team

Experts On-Site at Booth B58

Our growing team of Account Executives and Partnership strategists will be on-site to discuss your procurement needs and how we can align with your current technical stack.

Have questions? This is the place to bring them, and get answers.

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."

Request a Demo Before the Event

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