From Transformation to Value Creation: The Future of Procurement | NAPES26 Keynote

Procurement transformation is only the beginning. In this NAPES26 fireside chat, Craig Reed, Vice President, Global Procurement & Chief Procurement Officer at Thermo Fisher Scientific, explores how to turn transformation into lasting enterprise value.

As procurement organizations mature, the focus shifts from implementing change to proving and scaling impact. Reed shares how leaders can demonstrate clear ROI by connecting investments in people, process, and technology to measurable business outcomes.

The session also highlights how procurement can elevate its influence by aligning directly with C-suite priorities and contributing at the board level. Reed discusses how to balance agility with strong governance—enabling faster decision-making without compromising control or risk management.

Additionally, the conversation explores how digital tools, including AI and analytics, can be translated into tangible business gains, and how embedding continuous improvement ensures transformation efforts deliver long-term competitive advantage.

Key themes include:

- Demonstrating procurement ROI through measurable business outcomes
- Aligning procurement strategy with C-suite and board-level priorities
- Balancing agility with governance and risk management
- Turning AI, analytics, and automation into real business value
- Embedding continuous improvement to sustain transformation

About NAPES:
The North American Procurement Executive Summit (NAPES) is a premier gathering of industry leaders, procurement executives, and experts dedicated to exploring innovative strategies, emerging trends, and best practices in the evolving world of procurement and supply management. Through curated discussions and expert-led sessions, the summit creates a collaborative environment where leaders can exchange insights, tackle complex sourcing and supplier challenges, and drive procurement excellence and value creation.

Learn more at https://www.executiveplatforms.com/napes/

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