Generative AI’s Role in Modern Procurement: Use Cases and Impact

This on-demand webinar explores the transformative power of generative AI in procurement. Designed for professionals in the procurement and supply chain sectors, it offers an in-depth understanding of how generative AI is reshaping procurement processes to be more efficient, agile, and cost-effective. From automating routine tasks to providing strategic insights for decision-making, the webinar delves into real-world use cases, measurable impacts, and actionable strategies for leveraging this cutting-edge technology.

Main Topics

1. Introduction to Generative AI in Procurement: Understanding generative AI and its applications in procurement, overview of key technologies and tools.
2. Strategic Impacts of Generative AI: Improving cost efficiency and reducing procurement cycle times, strengthening risk management and compliance, enhancing supplier collaboration and relationship management.
3. Implementation Challenges and Best Practices: Overcoming data quality and integration hurdles, ensuring ethical AI practices in procurement, steps to build a robust AI-enabled procurement framework.
4. Future Trends: How generative AI is shaping the future of procurement and supply chain management.

Target Audience

• Procurement Professionals: Managers, directors, and CPOs looking to modernize their operations.
• Supply Chain Specialists: Professionals interested in leveraging AI for predictive and strategic insights.
• Finance and Risk Managers: Stakeholders aiming to optimize procurement costs and manage supplier risks effectively.
• Technology Leaders: IT and innovation professionals exploring AI-driven solutions for procurement.