Discover how AI can revolutionize your business with insights from a seasoned procurement consultant with over 20 years of experience. This video covers:
About the Speaker: A veteran (MARC KLOEPFEL) in procurement consultancy with 17 years of running a successful consultancy company in Europe, specializing in cost optimization across various industries.
The Role of AI in Business: An exploration of how AI tools, beyond ChatGPT, can significantly enhance efficiency, productivity, and competitive advantage in various business areas.
Current Challenges with AI Adoption: Addressing common obstacles such as company resistance and data privacy concerns that hinder the widespread implementation of AI technologies.
Benefits of AI in Procurement and Supply Chain:
Supplier Selection and Evaluation: How AI can help identify and evaluate new suppliers quickly and accurately.
Negotiation Preparation: Utilizing AI for quick and effective negotiation strategies.
Contract Management: Streamlining contract analysis and creation with AI tools.
Sourcing Optimization: Analyzing price fluctuations and optimizing spend with AI-driven insights.
Predictive Analysis: Using AI for risk management and scenario planning in supply chain management.
Automation of Repetitive Tasks: Leveraging AI to automate routine tasks such as email communication, purchase orders, and invoice checks.
Survey Insights: Results from a LinkedIn survey showing the current state of AI adoption and challenges faced by companies.
AI as a Career Booster: Tips on how individuals can leverage AI to enhance productivity and accelerate career growth.
Future Prospects: Discussing the evolving landscape of AI tools and the potential for further innovation in procurement and supply chain processes.
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