AI's share of budgets is projected to nearly triple to 4.3% by 2025 and in larger enterprises as much as 10% by 2025 - the future of #Procurement is AI-driven #AI #Innovation #TechTrends #IVPAI55 https://lnkd.in/ggjM76tF
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Strategic Buyer | Procurement Specialist | Global Procurement | Contract Management | Data Driven | Materials Engineer | MBA Supply Chain
I just went through this fascinating article on Generative AI's impact on procurement, a real game changer for tech enthusiasts and supply chain professionals alike!. Its an insightful piece on how Generative AI is revolutionizing procurement. A must-read for anyone interested in the cutting edge of technology and supply chain innovation! #supplychaininnovation #generatieveai #digitalsupplychain #Aiandprocurement #futureofsupplychain
How Generative AI Promises to Transform Procurement
supplychainbrain.com
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How supply chains benefit from using generative AI Across the end-to-end supply chain, the buzzworthy technology adds extra capabilities to AI tasks and promises a simplified user experience. - Use cases exist today, and whether you win or lose in the market may soon depend on having the best generative AI tools and the data quality to match them. - Organizations are identifying business needs and emboldening them with generative technology, whether in planning, sourcing, manufacturing or delivery. Link in comments
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Generative AI is going to impact procurement in 2024. We were super happy to get invited to check out Kavida.ai copilot. It's incredible. It's a procurement pros dream. Check this out: https://lnkd.in/eCrJuTMJ
Using AI to Manage Procurement Tasks
https://www.youtube.com/
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Transform your Supply Chain with HINA - Holisol's Advanced Intelligent Network Assistant. Dive into the era of smart logistics with AI/BI-powered HINA that simplifies complex decision-making and enhances operational transparency. From generating proactive scheduling alerts to delivering intelligent auto insights, HINA acts as your strategic partner in mastering the logistics landscape. Embrace innovation and stay ahead of competition with unparalleled efficiency. Ready to transform your supply chain? Discover the future with HINA at [email protected] #ai #holisollogistics #ArtificialIntelligence #SupplyChainOptimization #PredictiveAnalytics #MachineLearning #LogisticsAutomation #IntelligentWarehousing #DemandForecasting #DatadrivenDecisionMaking #AIpoweredSupplyChainSolutions
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Great article from McKinsey posted by Rob Holland from Provision Analytics. Let’s set up time to discuss deployed process optimization in supply chain, procurement, business insights, ESG reporting and other areas. There are ways to see demonstrated results in 90 days. With a short call, we can outline case studies where manufacturing and industrial companies in the chemical and energy space have already saved millions.
The readiness of Industrial companies to drive AI solutions is crucial as we are in the midst of the most significant build up since WWII. Aligning AI strategies with business outcomes like cost reduction and sustainability is key for transformative success. AI isn't just a technical upgrade but a strategic enabler for business transformation. #AI #BusinessTransformation #IndustrialCompanies #ArtificialIntelligence [Link to article](https://lnkd.in/g92jGAy5)
Using AI to accelerate process optimization: Is your plant ready?
mckinsey.com
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To compete tomorrow, leveraging #AI is a priority for #procurement and #SupplyChain today. Join the conversation on June 4th with #GEP, Fluxym and industry experts at the legendary Moishes steakhouse in Montreal to understand how AI will impact procurement efficiency. Register now: https://bit.ly/4czeVdT
Personal Information - Unlocking Value: Harnessing AI for Strategic Procurement Excellence
web.cvent.com
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ℹ️ Our latest 'On the Move' survey reveals a significant gap in the adoption of basic data analytics and AI, along with a lack of sustainability goals and progress toward achieving real-time supply chain visibility. #SupplyChain #OnTheMove #AI #sustainability
Study Reveals Gap in AI Adoption and Sustainability Goals Across American and European Logistics Industry
share.amplifyhere.com
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Generative AI is transforming procurement, but many CPOs are still skeptical about the transformative impact that it can deliver. They may be concerned about the accuracy and security of LLMs, or they may not know where to start. For organizations who are on the fence about gen AI, it's time to take a closer look. This technology is only going to become more powerful and more prevalent, and the organizations that embrace it will be the ones that thrive. Learn how procurement leaders can capture early value from the power of generative AI in the latest @McKinsey Operations blog.
Making the leap with generative AI in procurement
mckinsey.dsmn8.com
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Generative AI is transforming procurement, but many CPOs are still skeptical about the transformative impact that it can deliver. They may be concerned about the accuracy and security of LLMs, or they may not know where to start. For organizations who are on the fence about gen AI, it's time to take a closer look. This technology is only going to become more powerful and more prevalent, and the organizations that embrace it will be the ones that thrive. Learn how procurement leaders can capture early value from the power of generative AI in the latest @McKinsey Operations blog.
Making the leap with generative AI in procurement
mckinsey.dsmn8.com
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Generative AI is transforming procurement, but many CPOs are still skeptical about the transformative impact that it can deliver. They may be concerned about the accuracy and security of LLMs, or they may not know where to start. For organizations who are on the fence about gen AI, it's time to take a closer look. This technology is only going to become more powerful and more prevalent, and the organizations that embrace it will be the ones that thrive. Learn how procurement leaders can capture early value from the power of generative AI in the latest @McKinsey Operations blog.
Making the leap with generative AI in procurement
mckinsey.dsmn8.com
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