How can AI help improve purchasing decisions?

Artificial Intelligence

Jason Storm Sr. Director| Canada Orleans, Ontario, Canada

Most organizations rely to a greater or lesser degree on outside suppliers and organizations that help them deliver on their mandate. Can AI be leveraged to make better purchasing decisions - e.g, analyzing & developing needs, market research, optimizing vendor performance metrics, helping ensure good value for money, etc?

Posted: Oct 17, 2023 11:22 AM

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Thomas Walenta Global Project Economy Expert Hackenheim, Germany

Yes, there are several AI offers to help negotiate with vendors.

Posted: Oct 17, 2023 11:29 AM

Keith Novak Tukwila, Wa, United States

You can use AI both to research industry data, and to analyze your own internal data, both of which apply to vendor and product selection.

Posted: Oct 17, 2023 2:12 PM

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How can AI help improve purchasing decisions?

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