Reimagining Procurement and Supply Chain Functions with AI

Artificial intelligence is forcing organisations to reimagine how they operate. The technology’s ability to automate tasks has helped business leaders. The benefits are being applied throughout firms, from finance and legal departments to supply chains and procurement.

Companies can deploy AI to increase the capacity of supply-chain and procurement executives, giving them room to think and act more strategically. But challenges may arise when getting buy-in from chief executives or prioritising where to apply AI systems. Supply-chain and procurement leaders will need to clearly communicate their business needs, set milestones and show how AI can help achieve them. Chief supply-chain and procurement officers, empowered with AI, can become strategic voices within an organisation—planning further cost reductions and more efficient and resilient supply chains, and aligning with overall business goals.

Join Economist Impact for “Reimagining procurement and supply-chain functions with AI”, a virtual event sponsored by GEP, to discuss what AI can do in the supply-chain and procurement space. Hear from executives and supply-chain and procurement experts as they make the case for AI across supply chains and explore what the technology means for their roles and strategy.

Questions for discussion will include:

  • What are the possibilities for AI within supply chains? What benefits are there for efficiency and productivity? What pitfalls need to be avoided?
  • What successful use cases can be applied to supply chains where the use of AI is still being examined?
  • How can members of the C-suite collaborate to strategically apply AI across the enterprise? What milestones should they set?
  • What does the future hold for chief supply-chain and procurement officers? How can they help advance corporate strategy and maintain a competitive advantage?

 

Webinar Topic:
Reimagining Procurement and Supply Chain Functions with AI

Date: Thursday, April 18, 2024
Time: 10 a.m. ET/3 p.m. BST