When AI first hit the mainstream, it created a buzz in procurement and other sectors. Since then, the excitement surrounding AI has only intensified over the years. Today, enthusiasm for generative AI is soaring, with experts suggesting that strategic integration into procurement could greatly accelerate processes and boost value creation on a grand scale.
But for many, what’s missing is a clear idea of how generative AI’s full potential can be realized. AI isn’t a magic wand that instantly solves your problems. To unlock its value, it must be implemented strategically, in a way that augments and extends human intelligence and impact first – a clearly defined AI+HI approach.
In this whitepaper, we outline a path to AI-powered procurement transformation, and help you take the first steps towards realizing its productivity-boosting and value-creating potential across your procurement organization.
AI-Powered Procurement: What You’ll Learn
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How can procurement leaders practically harness the unparalleled transformative potential of AI
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What role standardized data plays in the success of AI, and how external data sets contribute context, quality, and completeness
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Five questions to help you pave the way for hyper-acceleration in AI-enabled procurement
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Why you should place humans at the heart of your AI strategy to access the combined power of AI and HI
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How to effectively balance AI and HI
Download the whitepaper to find out where your organization should begin its journey and take the first step towards AI-enabled procurement.