THE PROCUREMENT INTERVIEW meaningful increase in the proactivity and pace at which the sourcing team can move from insight to action.“ dSilo sits at the front of our value creation strategy – and they’ ve been a true partner in tailoring its Procure AI Agents to fit our needs,” Dean says.
The impact of AI is particularly evident in the“ front end” of procurement, the knowledge-gathering phase that used to take weeks. For example, Dean highlights the“ disruptive aspect” of AI in replacing expensive, static industry reports:
“ We look at a good bit of commodity and industry data in the course of our business practices. Given that, we started challenging ourselves to leverage AI to tackle periodic reporting. The initial push was to build an agent and see how close we can get to a report. Within a couple of days, the category leader came back and showed us,“ I can get all of what I need, when I need it, vs. paying multiple thousands of dollars to obtain parts and pieces and things I don’ t need”. By mastering prompt engineering, Dean’ s team can now generate insightful cost models in minutes rather than weeks. This“ incredible accelerator of knowledge” frees up the team’ s bandwidth to focus on what humans do best: building relationships and solving complex problems.
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