SUPERCHAR PROCUREM AI AND AUT
Aleksander Hajdas , Lead of JTI ’ s Procure-to-Pay ( P2P ) programme , on why P2P is so much more than just integrating procurement with accounts payable
WRITTEN BY : ILKHAN OZSEVIM
AI and automation can add a huge amount of value to your organisation across all stages of the procurement process . Asked about the specifics , David Doyle , CEO and co-founder of Forestreet , says : “ Firstly , AI can act as a force multiplier to the procurement team , shortening sourcing cycles and freeing up time to accelerate other activities .” Forestreet ’ s AI-driven SaaS platform enables real-time market and vendor discovery across geographies and languages , and Doyle is an expert in the field .
“ Utilising AI can also broaden the supply base , scanning and analysing more potential suppliers in a fraction of the time . This boosts innovation by surfacing more pioneering vendors . Commensurately , leveraging AI for supplier identification can
80 February 2023