Knowledge Bank

Artificial Intelligence and Its Impact on Procurement and Supply Chain: A Comprehensive Study

Artificial-Intelligence

Among the profound technology innovations that have started to impact business, Artificial Intelligence (AI) is clearly at the head of the pack. It’s been recognized as the technological forerunner when it comes to revolutionary levels of enablement. Its potential power and influence is far reaching across verticals and functions. From finance to pharmaceuticals, logistics fleets to CRM – AI is impacting almost every layer of the modern organization.

Procurement and supply chains, along with the wealth of data they generate, are both ripe to leverage the efficiencies and insights afforded by AI. However, the level of ambition, capability and change required to get the most from the technology can be daunting to professionals from the operations floor right up to the C-suite.

Technology thought leaders at GEP have now produced a definitive white paper on AI in procurement and supply chain. Artificial Intelligence and Its Impact on Procurement and Supply Chain: A Comprehensive Study features contributions from leaders across sectors as well as experts who are developing the implementation tools enabled by AI. Their discussion covers the essentials of AI and showcases the game-changing applications that will be most relevant in procurement and the supply chain.

A landmark paper that should be read and shared by every procurement and supply chain professional.