Here is another question – regarding AI in procurement, which one of the following quotes best describes your sentiments?
“The only thing we have to fear is fear itself” – FDR
“The greater the pressure, the brighter the diamond” – Matshona Dhliwayo
“It’s not going to replace you. Someone who knows it well is going to take your job, and that’s a guarantee.” – Shelly Palmer
“Innovation in AI has prompted talk of a coming technological leap as profound as the creation of the internet. It has also sparked anxiety. CFOs need to navigate past the hype and fear.” – Jim Tyson
The Answer:
CASE STUDY – In August 2003, the new technology successfully went live in a production environment for the DND. In this test case, the public sector organization realized a year-over-year 23% cost of goods savings for seven consecutive years while simultaneously reducing the number of buyers required to manage the contract to 3 from an original 23. Delivery performance and product quality also improved dramatically.
Procurement Insights
How (OR) Will AI replace most procurement jobs?
Posted on July 27, 2023
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Here is another question – regarding AI in procurement, which one of the following quotes best describes your sentiments?
“The only thing we have to fear is fear itself” – FDR
“The greater the pressure, the brighter the diamond” – Matshona Dhliwayo
“It’s not going to replace you. Someone who knows it well is going to take your job, and that’s a guarantee.” – Shelly Palmer
“Innovation in AI has prompted talk of a coming technological leap as profound as the creation of the internet. It has also sparked anxiety. CFOs need to navigate past the hype and fear.” – Jim Tyson
The Answer:
CASE STUDY – In August 2003, the new technology successfully went live in a production environment for the DND. In this test case, the public sector organization realized a year-over-year 23% cost of goods savings for seven consecutive years while simultaneously reducing the number of buyers required to manage the contract to 3 from an original 23. Delivery performance and product quality also improved dramatically.
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