You’ve probably heard quite a bit about artificial intelligence; the challenge is making the connection to the real-world, day-to-day requirements of your actual job. Procurement teams are striving to understand what the real impacts of AI and automation will be, and how they’re already being measured by early adopters who have taken the leap into the domain of “intelligent” or “cognitive” procurement.

In this webcast presented by CIPS and GEP, experts focus on several high-priority areas within procurement where AI has already been put into practice and is producing dramatic and positive outcomes, such as greater efficiency and improved business value creation.

Key Discussion Points

  • AI applications oriented toward risk reduction and decision support
  • How AI and machine learning are revolutionizing data acquisition and analytics
  • Use cases: Specific examples of benefits realized in sourcing, supplier management, inventory management, and other areas