AI - CJV Partners

Transforming Procurement: Harnessing AI for Optimal Efficiency

Posted on 2 November 2023
#AI, Artificial Intelligence, intelligent procurement

Procurement processes stand at the core of an organisation’s success and endurance. However, conventional approaches no longer suffice to meet the demands of today’s businesses. This is where Artificial Intelligence (AI) steps in, providing a transformative solution to enhance procurement efficiency and yield significant cost savings.

Predictive Procurement: The Transformation of Procurement Processes through AI

Posted on 22 June 2023
#AI, procurement transformation

Procurement teams today encounter immense challenges to achieve cost savings, mitigate risks, and address newer factors like ESG considerations. Unfortunately, conventional procurement methods tend to be responsive rather than adaptable, failing to keep pace with the ever-changing dynamics of the market. However, artificial intelligence (AI) presents a game-changing solution in this scenario. Enter predictive procurement.

Archive Tag: AI