Essential Insights Into AI for Procurement and Supply Chain

A MUST-READ FOR PROCUREMENT & SUPPLY CHAIN LEADERS

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Essential Insights Into AI for Procurement and Supply Chain

AI is revolutionizing procurement and supply chain management, and enterprises are diving in: 57% of procurement and supply chain leaders are planning to invest in AI over the next year*.

However, how does one separate hype from reality, and where is AI most impactful in procurement operations, strategy and execution?

A new GEP paper, Decoding AI: Essential Insights for Procurement & Supply Chain Pros, explores how AI can unlock new levels of efficiency, agility and innovation. It also examines essential applications and considerations for enterprises when embarking on their AI-driven transformations.

* Economist Impact and GEP survey between January and March of 2024 of 400 executives in the U.S. and Europe who were familiar with their company’s procurement and supply chain operations.

Why Read This Paper

AI-First

Why an AI-First approach is key

Applying AI

Critical capabilities and use cases for AI in procurement and supply chain

AI Adoption

Important concerns and best practices to keep in mind

AI’s Potential in Procurement — What’s Hype and What’s Reality? Read Now

About Us

GEP^® delivers AI-native procurement and supply chain solutions that help global enterprises become more agile and resilient, operate more efficiently and effectively, gain competitive advantage, boost profitability and increase shareholder value.

Fresh thinking, innovative products, unrivaled domain expertise, smart, passionate people — this is how GEP SOFTWARE™, GEP STRATEGY™ and GEP MANAGED SERVICES™ together deliver procurement and supply chain solutions of unprecedented scale, power and effectiveness. Our customers are the world’s best companies, including more than 1,000 Fortune 500 and Global 2000 industry leaders who rely on GEP to meet ambitious strategic, financial and operational goals.

A leader in multiple Gartner Magic Quadrants, GEP’s AI-native procurement and supply chain platform consistently wins awards and recognition from industry analysts, research firms and media outlets, including Gartner, Forrester, IDC, ISG, and Spend Matters.

GEP is also regularly ranked a top procurement and supply chain consulting and strategy firm, and a leading managed services provider by ALM, Everest Group, NelsonHall, IDC, ISG and HFS, among others.

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