Artificial Intelligence (AI) in procurement is growing in popularity due to the advancements in technology, writes Karen Bonifacio, SEO Specialist/ Content Writer at Procurement Tactics, in Utrecht, Netherlands. In this article, she answers key questions: what is AI and how does it change the procurement industry? Artificial intelligence is integrated into every device that is […]
AI Use Cases to Supercharge Procurement Read More »
As businesses move further into the twenty-first century, the traditional procure-to-pay process will become increasingly outdated. In the coming decades, warns Dooka South Africa, companies will need to completely re-envision their procure-to-pay (P2P) process if they want to remain competitive. This article explores what the future of P2P will look like in 20 years, examining
What P2P Will Look Like in the Future Read More »
Can Artificial Intelligence be an unexpected ally for procurement and supply chain in Africa? Prof Johan Steyn, an Artificial Intelligence (AI) enthusiast aimed to answer that question for us at the recent SPW Indaba 2022. Digitisation and AI applications have been developed in the USA and Asia and are not always relevant to African markets,
Artificial intelligence in procurement – are we ready? Read More »
By Anant Kadiyala, Director: Blockchain and IoT Industry Solutions, Oracle Shrinkage, wastage, counterfeiting, contamination, mishandling, logistical delays and other challenges continue to plague today’s supply chains − despite decades of investments and improvements along the way. Companies have limited visibility into who their end-users are and how end-users actually use/handle their products on a day-to-day
5 technologies reshaping supply chains and customer satisfaction Read More »
Blockchain is almost everywhere and is getting a lot of hype. It is largely because blockchain is the underlying technology behind Bitcoin, a digital currency (a.k.a. a cryptocurrency) that received a lot of coverage in the media. In the wake of the cryptocurrency craze, blockchain has continued to attract more and more attention. Blockchain can
Blockchain an important tool for procurement to establish trust Read More »
Given the inevitability of emerging technologies transforming businesses, how can you prepare your company for AI’s impact on procurement? Sami Peltonen, Vice President of Purchase-to-Pay Product Management for Basware North America, takes a look at how procurement departments can mitigate employees’ fears. Join us at Smart Procurement World’s Gauteng Indaba on 18 & 19 September
Helping procurement professionals embrace AI Read More »
Just as digital supply chains bring rewards, they also bring dangers. Supply chain managers are always on the lookout for corruption, but in the digital age the clues are harder to spot, warns Dr Abdul Majid Mahomed, Head of Professional Body CIPS, SA. Digitalisation is the buzzword of the moment and the future of supply
Rewards of digital supply chains obscure dangers Read More »
