Supply Chain Deepdive

AI-Powered Procurement: Maximizing Value in 2025

Global Supply Chain Council (GSCC) Season 2 Episode 15

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Dive into the transformative world of AI in procurement in this episode of Supply Chain Deepdive titled "AI-Powered Procurement: Maximizing Value in 2025." Hosts Michael Jung and Jess Williams unpack the insights from BCG's report, exploring how artificial intelligence and generative AI are reshaping procurement landscapes. This discussion highlights how AI adoption not only streamlines operations but also boosts innovation and profitability by automating up to 75% of procurement tasks. The episode delves into how this technological shift allows procurement professionals to focus on strategic roles, potentially reducing headcount while enhancing efficiency. The hosts also explore various AI implementation strategies that enhance supplier relations and accelerate the procurement process, marking a significant evolution in how companies approach both buying and selling.

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