Welcome to Procurement Reimagined, a podcast by Gatekeeper. We believe traditional procurement has had its day - the world is changing and our industry needs to change with it. On the podcast we share the best practices to help you streamline your procurement processes, navigate supplier and vendor onboarding, and ultimately get the most value out of your contracts.
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Welcome to Procurement Reimagined, a podcast by Gatekeeper. We believe traditional procurement has had its day - the world is changing and our industry needs to change with it. On the podcast we share the best practices to help you streamline your procurement processes, navigate supplier and vendor onboarding, and ultimately get the most value out of your contracts.
AI in Procurement: Boosting Productivity, Redefining Roles, and Building the Future with Dylan Martin
Procurement Reimagined
30 minutes
5 months ago
AI in Procurement: Boosting Productivity, Redefining Roles, and Building the Future with Dylan Martin
In this conversation, Daniel Barnes and Dylan discuss the evolving role of AI in procurement, exploring its potential to enhance productivity, transform job functions, and the importance of developing an AI policy.
They delve into the phases of AI adoption, the balance between opportunities and risks, and strategies for persuading organisations to embrace AI technologies. The discussion emphasises the need for critical thinking and the potential for AI to improve supplier relationships and overall procurement processes.
Takeaways
AI can significantly enhance productivity in procurement roles.Understanding the phases of AI adoption is crucial for effective implementation.
AI can help delegate mundane tasks, allowing professionals to focus on strategic activities.
There is a need for an AI policy to ensure compliance and security.Critical thinking remains essential in evaluating AI outputs.
AI can transform job functions, but it also presents risks that need to be managed.
Organisations must rethink their operational processes to leverage AI effectively.
Building strong supplier relationships is key to innovation in procurement.
AI can improve the customer experience within organisations.
The future of procurement is bright with the integration of AI technologies.
Chapters
00:00 Introduction and Background
02:37 The Evolution of AI in Procurement
05:19 Phases of AI Adoption
08:30 AI's Impact on Job Roles
11:14 Navigating AI Risks and Opportunities
13:54 Rethinking Procurement Roles
16:59 Overcoming Internal Resistance to AI
19:47 The Future of Procurement with AI
22:33 Conclusion and Final Thoughts
Procurement Reimagined
Welcome to Procurement Reimagined, a podcast by Gatekeeper. We believe traditional procurement has had its day - the world is changing and our industry needs to change with it. On the podcast we share the best practices to help you streamline your procurement processes, navigate supplier and vendor onboarding, and ultimately get the most value out of your contracts.
