Artificial Intelligence to improve procurement productivity
With a tech vendor, we developed a smart marketplace where suppliers can update their negotiated catalogues, and buyers can compare with similar items within these catalogues or in other open market places. Buyers are informed by AI-based messages about offers that are consistent with their purchasing patterns. This video shows the impact for Chief Procurement Officers: up to 40% purchase costs reduction and 30% productivity increase! For more information, please contact Salvatore Cali: Cali.Salvatore@bcg.com
Welcome to the official YouTube channel for The Boston Consulting Group. Since 1963, BCG’s experts have been helping businesses, governments, and non-profit organizations build lasting advantage. As a leading management consulting firm, BCG empowers clients to make the changes needed to seize the competitive advantage and win. The independent spirit handed down from Bruce Henderson, BCG's founder—always challenging the status quo—has given the firm the courage to look beyond the obvious in pursuit of lasting solutions for our clients.
Subscribe to BCG’s YouTube channel: https://goo.gl/hsFsVT
Visit us at https://www.bcg.com
With a tech vendor, we developed a smart marketplace where suppliers can update their negotiated catalogues, and buyers can compare with similar items within these catalogues or in other open market places. Buyers are informed by AI-based messages about offers that are consistent with their purchasing patterns. This video shows the impact for Chief Procurement Officers: up to 40% purchase costs reduction and 30% productivity increase! For more information, please contact Salvatore Cali: Cali.Salvatore@bcg.com
Welcome to the official YouTube channel for The Boston Consulting Group. Since 1963, BCG’s experts have been helping businesses, governments, and non-profit organizations build lasting advantage. As a leading management consulting firm, BCG empowers clients to make the changes needed to seize the competitive advantage and win. The independent spirit handed down from Bruce Henderson, BCG’s founder—always challenging the status quo—has given the firm the courage to look beyond the obvious in pursuit of lasting solutions for our clients.
Subscribe to BCG’s YouTube channel: https://goo.gl/hsFsVT
Visit us at https://www.bcg.com
