SEPARATING AI HYPE FROM REALITY IN PROCUREMENT

The rise of Chat GPT has catapulted AI into the limelight, captivating the public's imagination. Businesses across the globe are now racing to understand its implications within their operations, and the field of Procurement is no exception.

Amidst the excitement, Chief Procurement Officers (CPOs) find themselves grappling with a pressing question: How can AI practically benefit the organisation today, especially when confronting the future challenges of 2024?

Listen to this webinar, where we will tackle the most pertinent questions on CPOs' minds:

  • How is AI changing Procurement today?
  • How will AI’s current transformative impacts alter the focus and actions of the procurement team during the next 12-months? What sort of AI-supported outcomes will be achieved?
  • What are the medium to long-term implications of AI? What does the future hold?
  • What will these future options mean for the organisation, the team, and their roles?

Indirect Procurement represents a significant portion of expenditure for many companies and managing it successfully can be a challenging…

Procurement faces substantial challenges in navigating current market pressures, inflation, supplier scarcity, and expected talent shortages. How can Procurement effectively address these…

Amidst all the excitement around how AI will transform the way Procurement delivers value to organisations, one key ingredient never receives enough attention: our people.