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Can AI Mitigate Inherent Procurement Risks from the Supply Chain?

Dataversity

Everyone involved in the supply chain knows procurement is an integral part of any business. But there is a hidden risk in the procurement process. Companies may experience various problems in the procurement process, […]. The post Can AI Mitigate Inherent Procurement Risks from the Supply Chain?

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AI and ML to Become Critical for Procurement Teams in 2023

Dataversity

The procurement technology (ProcureTech) industry has come a long way since its humble beginnings. Just think, procurement professionals used basic tools like pen and paper and – at least more recently – long, winding spreadsheets.

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Logistics, Data, and AI: Key Learnings from the Pandemic

Dataversity

And with this in mind, earlier this year, we commissioned an in-depth report on how the pandemic impacted the freight procurement industry, by speaking with hundreds of shippers with $100 million-plus in annual freight spend. The supply chain business is evolving incredibly rapidly – particularly when it comes to how it uses technology.

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Agile Procurement in the Public Sector w/ Nathan Hummel

Leading Agile

In many organizations, the group responsible for procurement, and the processes they follow, were established under a traditional (waterfall) approach. Personal blog: [link]. Listen to the SoundNotes Podcast on the go! Find and subscribe to SoundNotes on: Apple Podcasts. Google Play. Soundcloud. LinkedIn: [link]. Contacting Dave.

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Data-Driven Ideas for Implementing Blogger Outreach Strategies

Smart Data Collective

We previously talked about the benefits of big data and AI for blogging. Using Data Mining to Procure Sites to Partner with. Not all blogs are equally beneficial for a blogger outreach strategy. You can use data analytics to determine the audience of a blog and see how it aligns with your target demographic.

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Seven Benefits of Using AI to Perform Text Analysis

Smart Data Collective

Multiple emails, social media posts, blogs, articles, and other text forms are generated daily. When machines can easily procure needed information from a pile of unorganized data, you know the benefits of such technology are enormous. Businesses are including more of it in their companies and adopting methods like AI text analysis. .

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2023 SAP Innovation Award Winners: Swiss Federal Railways, Mastering a Data-Driven Culture with SAP BTP

Timo Elliott

As a result, they’ve been able to maintain long-term data quality, benefiting departments such as procurement, sales, and finance by improving process efficiency and significantly reducing data quality-related issues. This shift has enabled them to concentrate on more intricate aspects of data quality and governance.