AI IN PROCUREMENT
Prerna Dhawan , CSO at The Smart Cube , tells you why true procurement intelligence is the result of Human Intelligence plus Artificial Intelligence
WRITTEN BY : ILKHAN OZSEVIM
Over the last few years , we ’ ve seen artificial intelligence being used for a host of procurement applications , from spend analysis to supplier risk management . Recently , the stature of procurement within the business has grown in importance , particularly after helping companies navigate pandemicdriven disruptions .
For procurement ' s position to remain elevated and for the function to continue evolving – considering more innovation , sustainability initiatives , and enhanced risk management – along with constantly increasing volumes of data , the use of AI is absolutely critical for fast decision making .
What problems do you think AI can solve in procurement in the future ? Prerna Dhawan is Chief Solutions Officer at The Smart Cube , responsible for developing and managing the company ’ s solutions portfolio . Dhawan owns the strategic direction and investment prioritisation
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