THE PROCUREMENT INTERVIEW when purchasing happens that’ s inconsistent with those details. It’ s one of many possible Gen AI use cases we’ ll likely develop in the future.”
She adds:“ Our Proactive Budgeting tool allows administrators to proactively set up budgets and funds for new team members within the organisation. By eliminating the need to manually assign budget it helps to reduce administrative burden and streamlines purchasing processes.”
While a diverse supplier base helps mitigate risk and disruption, managing multiple vendors is a challenge. Amazon Business’ s Invoice by Amazon solution brings automation to this problem by consolidating products under a single supplier framework, eliminating the complexity of managing multiple vendors and invoices.
Enabling future procurement ABX was a celebration for Amazon Business, but beyond that it was an important yardstick as to procurement’ s key priorities and opportunities for the future. Procurement and supply chain leaders from many of the world’ s largest companies came together to connect, explore innovation and share success strategies over the course of the event.
While effective management of disruption was an ever-present theme, the event showed that procurement teams have much to grasp moving forward. In particular, Shelley points to the importance of technology, highlighting how Amazon Business will continue to develop in line with its‘ customer-obsessed’ approach.
“ We’ ve built a simple and convenient buying experience so teams can spend less time shopping and more time running their organisations”
SHELLEY SALOMON, VP, GLOBAL AMAZON BUSINESS, AMAZON
“ We’ ve built a simple and convenient buying experience so teams can spend less time shopping and more time running their organisations,” she says.“ In addition, our data-driven mindset, combined with the tools and resources we provide, gives customers the realtime information they need. When it comes to developing new solutions, the method is always the same: start with the customer and work backwards.”
Shelley concludes:“ I think there’ s two core areas of focus for us when it comes to enabling procurement customers: one is to expand our capabilities for our largest and most complex customers, and the other is around new innovations, particularly incorporating Gen AI. As customer needs evolve, we continue to invest in innovations that deliver the control, scale and intelligence they need to buy in a way that’ s simpler, smarter and built for the future.” procurementmag. com 47