Advanced Features of Generative AI in Procurement: Boost Efficiency and Reduce Costs
Generative AI is a game-changer in procurement, offering companies the ability to predict trends, optimize supplier relationships, and automate key processes. In a recent study, a consumer goods giant significantly reduced its inventory and improved service levels by leveraging AI-driven demand forecasting. This leap in efficiency underscores how advanced AI analytics and real-time data integration […]
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