to Johnson & Johnson building an endto-end digital procurement experience that equips its professionals with the time, data and insights needed to make proactive, strategic recommendations to the business.
“ By leveraging automation, AI and advanced analytics, we are shifting toward an efficient, insightdriven value creation model. Clean, structured data is foundational, enabling scalable AI, real-time dashboards and data-driven supply and business insights.”
It has examples where AI-powered tools are enhancing category strategies, monitoring supplier performance, powering spend and risk analytics and even impacting negotiations. While automated contracting is accelerating review cycles and improving risk coverage, intelligent automation across its payment process has reduced manual touch, improved accuracy and minimised financial leakage while enhancing compliance.
“ The result is a faster, smarter and more intuitive buying and business partner experience, one that increases leverage, drives cost and cash‐flow improvements and positions the enterprise to compete and win,” Julian adds.
“ The fun thing is it feels like we are still very early in our journey and there will be much more opportunity ahead of us.”
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