Big Data

Chat GPT in procurement

How Chat GPT Transforms Procurement … in its own words!

SmartProcurement asked Chat GPT (a Large Language Model (LLM)  Artificial Intelligence that’s currently taking the world by storm) to tell us more about itself and what it can do for procurement professionals. The article that follows was written by Chat GPT in response to this question.   Hey there! I’m Chat GPT, an advanced AI […]

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How Chat GPT can improve SCM

How CHAT GPT can improve Sourcing and Supplier Management

In our first article, CHAT GPT made some bold claims regarding its ability to support and enhance procurement processes. In this short video, Bernie van Niekerk, Editor of SmartProcurement, delves deeper into Chat GPT capabilities and through a conversation with this AI, illustrates its amazing abilities to support procurement processes and professionals. https://commerce-edge.com/tools-tips/practical-examples-of-utilizing-chatgpt-in-the-procurement-process/

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Procuring the best deal

Best Practices to Get the Best Deal, Every Time

Procurement is changing, advises Dooka South Africa. With the rise of technology and the increasing need for transparency in business, procurement must also adapt. In this blog post, the company explores four best practices that will help you optimise your procurement process and get the best deal, every time. Procurement is changing and you need

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Green data – a key differentiator where it matters

Green data – a key differentiator in procurement

Never before has such a staggering amount of data been available to procurement specialists, says Jaishiela Rajput, founder and CEO of a leading green economy value chain consultancy in South Africa. But, she explains to SmartProcurement, it can be overwhelming to determine what’s relevant for your supply chain and how to navigate the big data

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Travel procurement

Why data is vital for travel procurement

Travel and Procurement professionals rely on accurate, timely and reliable data to make good business decisions and to run a successfully managed travel programme, but achieving this is easier said than done. Here SmartProcurement News publishes an article by MD and Senior Vice President of Wings Travel Management in South Africa, Kevin Lomax, in which

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Staying up to Speed with Big Data

Procurement should stay up to speed with Big Data

Businesses which neglect to embrace Big Data will be left behind in the fast-moving world of procurement technology, warns Swiss-based procurement specialist, Oliver Engelbrecht. In a world where hundreds of social apps and platforms are being developed on a daily basis, while billions of people are sharing copious amounts of information every millisecond, rapid growth

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