Kevin Frechette is the CEO and Co-Founder of Fairmarkit, an AI-powered platform designed to make sourcing more efficient and competitive for organizations. With a background that includes roles at IBM and Dell, Kevin brings a broad technology perspective to the procurement space. Based in the greater Boston area, he started Fairmarkit after noticing just how outdated and manual many purchasing processes remained, which inspired him to create a smarter, more automated approach.
In the episode, Kevin shares how Fairmarkit evolved from a simple idea around price transparency into a sophisticated AI-driven sourcing tool that balances automation with human oversight. He explains that technology alone isn’t enough—successful procurement relies on combining multiple tools while keeping the user experience smooth and effective. Kevin also talks about the shifting role of engineers who now build and manage intelligent agents, freeing people from routine tasks to focus on strategy. By integrating human judgment where it counts, especially in high-stakes decisions, Fairmarkit helps companies improve efficiency without sacrificing control. Through examples like helping a Fortune 500 company scale sourcing events while maintaining compliance, Kevin illustrates how the future of procurement is becoming more personalized and intelligent, supported by AI but guided by people.
