In The Know: Product Showcase webinar – Explore the top 5 takeaways and discover why procurement needs foresight

Procurement has always been about balancing cost, risk, and supplier relationships. But in today’s environment – marked by shifting tariffs, inflationary pressures, geopolitical uncertainty, and supply chain volatility – leaders need something more: foresight. In our latest In the Know: Product Showcase webinar, Valekumar Krishnan, Beroe’s Chief Content Officer, explored why foresight is non-negotiable, why traditional tools often fall short, and how Beroe’s Market Monitoring Dashboard (MMD) helps procurement teams move from reaction to readiness. 

Here are five key takeaways: 

1. Procurement needs foresight now more than ever 

From energy price shocks to freight disruptions, procurement is under pressure from every angle. CFOs want credible forecasts, not excuses. Procurement’s role is no longer reactive firefighting but proactive risk management. The ability to anticipate what’s coming, rather than explain what already happened, is becoming a strategic necessity. 

2. Traditional dashboards don’t cut it 

Static dashboards and peer benchmarks often fall short because they lack coverage and context. They show past averages but not forward-looking intelligence. Without the ability to link external market signals to internal contracts and supplier realities, procurement leaders risk walking into negotiations unprepared – or worse, making decisions in the dark. 

3. Market Monitoring Dashboards bring depth and accuracy 

Beroe’s Market Monitoring Dashboard (MMD) is built to close those gaps. Covering more than 2,500 categories across regions, with forecasts extending up to 18 months, MMD gives procurement leaders both breadth and depth. The platform integrates more than 17,000 cost and price drivers, so you can understand not just the “what” but the “why” behind market shifts. 

4. From insight to negotiation advantage 

The real power of MMD lies in actionability. Procurement can validate supplier claims, pressure-test cost structures, and prepare negotiation strategies grounded in evidence. Whether it’s pushing back on a 10% cost increase or benchmarking service rates across regions, MMD turns intelligence into leverage. This is how procurement moves from being a back-office function to a value-generating business partner. 

5. The future is agentic AI and Abi 

The session also looked ahead to Beroe’s conversational AI assistant, Abi, and agentic AI capabilities that streamline negotiation prep. Instead of weeks of manual research, procurement teams can generate tailored talking points, supplier benchmarks, and risk alerts in minutes – contextualized to their categories, suppliers, and volumes. It’s not just faster – it’s smarter, more consistent, and outcome-driven.

Explore Beroe’s Market Monitoring Dashboard and discover how foresight can transform your procurement strategy. 

Ready to see what MMD and Beroe Live.ai can do for your team?