TURN TARIFF TURMOIL INTO SUPPLY CHAIN RESILIENCE USING AI

In stark contrast, only 11 % of those merely considering AI implementation felt very prepared to deal with disruption – a striking preparedness gap that underscores the competitive advantage AI deployment provides.

Jos lends further support to these findings:“ AI is a key enabler because it forecasts, predicts risks and supports scenario planning.”

“ You need early warning signals across different risk types and a single end-toend system to build mitigation plans and make the supply chain more resilient.”

IVA: Ivalua’ s Intelligent Virtual Assistant in action Ivalua’ s approach to AI-powered procurement addresses the tariff challenge through its Intelligent Virtual Assistant( IVA), which embeds AI agents directly into the platform with secure access to all relevant data.

Unlike standalone AI solutions, IVA benefits from Ivalua’ s unified platform architecture, which connects data, workflows and people throughout the source-to-pay process. This foundational advantage allows the platform to leverage AI more effectively than other approaches.

Alex details these comprehensive capabilities:“ AI agents are embedded in our platform, with access to all data in a secure manner and a powerful workflow engine. Ivalua provides not just a system of record, but a system of action as well.

“ Additionally, we have the ability to easily create or refine additional use cases besides those we include to work how our customers do.”

almost three-quarters of procurement and supply chain leaders are identifying and onboarding alternative suppliers for critical goods and services as a number-one strategy( Sapio Research)

For tariff and risk management specifically, IVA offers several relevant prepackaged use cases. A category research assistant provides recommendations to mitigate risks and tariff impact based on extensive online research combined with deep understanding of a business’ s supply chain and spend activity. When new suppliers are needed to adapt to tariffs, AI supplier finder, autonomous sourcing and onboarding agents can identify alternatives, source, contract and onboard them. Leaders maintain control by choosing where they want teams to review actions versus having them autonomously executed by agents.

The platform also integrates with a rich ecosystem of information partners, seamlessly incorporating financial scores, risk ratings and other data that agents and workflows use to drive purchasing in accordance with company policies. Examples include Prewave, Integrity Next, D & B and Ecovadis.

procurementmag. com 57