The Future of Procurement: Real-Time Supply Chain Intelligence — with Shardul Shah
Every product a company ships depends on thousands of tiny decisions happening deep inside the supply chain — and most organizations are still making them with stale spreadsheets and guesswork.
I sat down with Shardul Shah, cofounder of Veritos.AI, to explore how AI-driven procurement intelligence moves teams from reactive firefighting to proactive supply chain planning. Shardul breaks down the hidden risks inside modern supply networks, why so many companies still lack real-time component and supplier visibility, and how better data can prevent shortages, backorders, and costly redesigns before they happen.
What we get into:
- Why most organizations still run procurement decisions out of Excel
- The real reason supply chain disruptions keep catching teams off guard
- How AI and real-time data can flag risks ahead of time
- The growing need for operational visibility across engineering, finance, and sourcing
- How procurement becomes a strategic advantage, not just a cost center
Chapters:
0:00 — Who Shardul Is & Why This Matters
2:10 — The Problem That Sparked Veritos.AI
6:06 — Why Procurement Visibility Is Broken
15:55 — How Veritos.AI Works (High-Level Overview)
19:40 — Why Supply Chain Is So Hard to Manage
22:30 — Identifying Alternative Parts & Replacements
26:43 — Real Example: The Power of Component Visibility
29:00 — The Role of AI in Modern Procurement
35:15 — The Current State of Procurement (And Its Challenges)
38:50 — The Biggest Skill Gap in Procurement: Understanding Cost
46:00 — The Disconnect Between Engineering & Procurement
50:40 — The Future: AI-Powered Procurement Command Centers
Guest: Shardul Shah, Cofounder, Veritos.AI — LinkedIn
