{"id":111646,"date":"2025-02-10T16:08:21","date_gmt":"2025-02-10T15:08:21","guid":{"rendered":"https:\/\/www.KGM Strategy.com\/?p=111646"},"modified":"2025-02-17T08:37:25","modified_gmt":"2025-02-17T07:37:25","slug":"ai-in-procurement-next-level-solutions","status":"publish","type":"post","link":"https:\/\/www.KGM Strategy.com\/en\/insights\/smi-15\/","title":{"rendered":"AI IN PROCUREMENT \u2013 next level solutions"},"content":{"rendered":"<div class='container  pb-1'><div class=\"row \"><div class=\"col-lg-12\"><p>&nbsp;<\/p>\n    <div class=\"container py-4 quote-section type-minimalistic-text  \">\n        <div class=\"row\">\n            <div class=\"col-md-8 text\">\n                                    <div class=\"text-container\">\n                        <h2><span style=\"color: #00a1a1;\">Editorial<\/span><\/h2>\n<p>Dear Readers,\nAs organizations strive for greater efficiency, agility and innovation, GenAI is becoming an indispensable tool for managing the complexity of today&#8217;s supply chains and procurement processes. In our cover story, we look at how you can harness the transformative potential of Generative AI (GenAI) in procurement as a competitive advantage.<\/p>\n<p>\n                        <div class=\"text-collapsed\">\n                            <\/p>\n<p>We also explore how GenAI is not only automating everyday tasks but also creating new opportunities across areas such as healthcare,\nPIPE and indirect spend. From predictive analytics to smarter supplier management, there are many possibilities.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-71270\" src=\"https:\/\/www.KGM Strategy.com\/wp-content\/uploads\/2022\/08\/Thibault-smi-2.png\" alt=\"\" width=\"2444\" height=\"773\" srcset=\"https:\/\/www.KGM Strategy.com\/wp-content\/uploads\/2022\/08\/Thibault-smi-2.png 2444w, https:\/\/www.KGM Strategy.com\/wp-content\/uploads\/2022\/08\/Thibault-smi-2-800x253.png 800w, https:\/\/www.KGM Strategy.com\/wp-content\/uploads\/2022\/08\/Thibault-smi-2-1400x443.png 1400w, https:\/\/www.KGM Strategy.com\/wp-content\/uploads\/2022\/08\/Thibault-smi-2-768x243.png 768w, https:\/\/www.KGM Strategy.com\/wp-content\/uploads\/2022\/08\/Thibault-smi-2-1536x486.png 1536w, https:\/\/www.KGM Strategy.com\/wp-content\/uploads\/2022\/08\/Thibault-smi-2-2048x648.png 2048w\" sizes=\"auto, (max-width: 2444px) 100vw, 2444px\" \/><\/p>\n\n                        <\/div>\n                    <\/div>\n                    <button class=\"btn btn-link text-decoration-none text-uppercase float-none\">\n                        <i class=\"icon icon-plus-rounded fs-65 lh-0 mt-n2 me-2\"><\/i>\n                        Read more\n                    <\/button>\n                            <\/div>\n            <div class=\"col-md-4\">\n                <div class=\"quote fadeIn\">\n                    <i class=\"icon icon-quote fs-1\"><\/i>\n                    <div class=\"text\" style=\"color: #00a1a1\">\n                        <p>GenAI represents a powerful and versatile set of tools that procurement teams can use to automate and streamline many aspects of the procurement process.<\/p>\n\n                    <\/div>\n                <\/div>\n            <\/div>\n        <\/div>\n    <\/div>\n\n\n\n\n\n\n<div class=\"container full-width componentPadding backgroundDefault overflow-hidden style-contenttilestyle  \" is=\"content-tiles\">\n        <div class=\"container-fluid\">\n        <div class=\"row gy-4 gx-md-3 gy-md-3 row-cols-1 row-cols-md-2 row-cols-lg-3\">\n                                                                            <div class=\"col\">\n        <div class=\"card card-type-04 has-link\">\n                            <img loading=\"lazy\" decoding=\"async\" width=\"350\" height=\"440\" src=\"https:\/\/www.KGM Strategy.com\/wp-content\/uploads\/2025\/02\/smi-15-coverstory-kachel.png\" class=\"img-fluid\" alt=\"\" sizes=\"auto, (min-width: 768px) 455px, 99vw\" \/>\n                                        <a href=\"https:\/\/www.KGM Strategy.com\/en\/insights\/smi-15\/unlock-the-future-of-procurement-with-ai\/\"  title=\"GenAI in Procurement | SMI 15 Coverstory\">\n                            <div class=\"card-body h-auto text-white\">\n                    <div>\n                        <h3>AI in Procurement<\/h3>\n                                                    <p class=\"excerpt\">How GenAI cuts through the complexity<\/p>\n                                            <\/div>\n                <\/div>\n                            <\/a>\n                    <\/div>\n    <\/div>\n\n                                                                                    <div class=\"col\">\n        <div class=\"card card-type-04 has-link\">\n                            <img loading=\"lazy\" decoding=\"async\" width=\"350\" height=\"440\" src=\"https:\/\/www.KGM Strategy.com\/wp-content\/uploads\/2025\/02\/smi-15-healthcare-kachel.png\" class=\"img-fluid\" alt=\"\" sizes=\"auto, (min-width: 768px) 455px, 99vw\" \/>\n                                        <a href=\"https:\/\/www.KGM Strategy.com\/en\/insights\/smi-15\/the-ai-revolution-in-healthcare-procurement\/\"  title=\"Generative AI in the Healthcare Sector: Unveiling New Opportunities\">\n                            <div class=\"card-body h-auto text-white\">\n                    <div>\n                        <h3>Generative AI in the Healthcare Sector<\/h3>\n                                                    <p class=\"excerpt\">Unveiling New Opportunities<\/p>\n                                            <\/div>\n                <\/div>\n                            <\/a>\n                    <\/div>\n    <\/div>\n\n                                                                                    <div class=\"col\">\n        <div class=\"card card-type-04 has-link\">\n                            <img loading=\"lazy\" decoding=\"async\" width=\"350\" height=\"440\" src=\"https:\/\/www.KGM Strategy.com\/wp-content\/uploads\/2025\/02\/smi-15-indirect-spend-kachel.png\" class=\"img-fluid\" alt=\"\" sizes=\"auto, (min-width: 768px) 455px, 99vw\" \/>\n                                        <a href=\"https:\/\/www.KGM Strategy.com\/en\/insights\/smi-15\/cut-costs-boost-efficiency-how-genai-is-revolutionizing-indirect-spend\/\"  title=\"Optimizing Indirect Spend with GenAI: Pick up speed\">\n                            <div class=\"card-body h-auto text-white\">\n                    <div>\n                        <h3>Optimizing Indirect Spend with GenAI<\/h3>\n                                                    <p class=\"excerpt\">Pick up speed<\/p>\n                                            <\/div>\n                <\/div>\n                            <\/a>\n                    <\/div>\n    <\/div>\n\n                                                                    <\/div>\n    <\/div>\n<\/div>\n\n    <div class=\"container py-4 quote-section type-minimalistic-text  \">\n        <div class=\"row\">\n            <div class=\"col-md-8 text\">\n                                    <p>&nbsp;<\/p>\n<h3><span style=\"color: #00a1a1;\">How GenAI cuts through the complexity<\/span><\/h3>\n<p>Generative AI powers a new generation of technology tools that will transform almost every aspect of how today\u2019s procurement departments operate.<\/p>\n\n                            <\/div>\n            <div class=\"col-md-4\">\n                <div class=\"quote fadeIn\">\n                    <i class=\"icon icon-quote fs-1\"><\/i>\n                    <div class=\"text\" style=\"color: #004146\">\n                        <p>AI tools are particularly well-suited to produce more accurate demand and inventory forecasts based on quantitative input.<\/p>\n\n                    <\/div>\n                <\/div>\n            <\/div>\n        <\/div>\n    <\/div>\n\n\n\n\n\n\n<div class=\"container full-width componentPadding backgroundDefault overflow-hidden style-contenttilestyle  \" is=\"content-tiles\">\n        <div class=\"container-fluid\">\n        <div class=\"row gy-4 gx-md-3 gy-md-3 row-cols-1 row-cols-md-2 row-cols-lg-3\">\n                                                                            <div class=\"col\">\n        <div class=\"card card-type-04 has-link\">\n                            <img loading=\"lazy\" decoding=\"async\" width=\"350\" height=\"440\" src=\"https:\/\/www.KGM Strategy.com\/wp-content\/uploads\/2025\/02\/smi-15-private-equity-kachel.png\" class=\"img-fluid\" alt=\"\" sizes=\"auto, (min-width: 768px) 455px, 99vw\" \/>\n                                        <a href=\"https:\/\/www.KGM Strategy.com\/en\/insights\/smi-15\/unlock-hidden-value-transform-your-pe-portfolio-with-ai\/\"  title=\"Untapped potential for private equity | SMI 15\">\n                            <div class=\"card-body h-auto text-white\">\n                    <div>\n                        <h3>Untapped potential for Private Equity<\/h3>\n                                                    <p class=\"excerpt\">From barriers to breakthroughs: Unleashing GenAI across portfolios<\/p>\n                                            <\/div>\n                <\/div>\n                            <\/a>\n                    <\/div>\n    <\/div>\n\n                                                                                    <div class=\"col\">\n        <div class=\"card card-type-04 has-link\">\n                            <img loading=\"lazy\" decoding=\"async\" width=\"350\" height=\"440\" src=\"https:\/\/www.KGM Strategy.com\/wp-content\/uploads\/2025\/02\/interview-melih-yener-preview.jpeg\" class=\"img-fluid\" alt=\"\" sizes=\"auto, (min-width: 768px) 455px, 99vw\" \/>\n                                        <a href=\"https:\/\/www.KGM Strategy.com\/en\/insights\/smi-15\/how-companies-can-leverage-genai\/\"  >\n                            <div class=\"card-body h-auto text-white\">\n                    <div>\n                        <h3>Interview with AI Expert Melih Yener<\/h3>\n                                                    <p class=\"excerpt\">How Companies Can Leverage GenAI for a Competitive Edge<\/p>\n                                            <\/div>\n                <\/div>\n                            <\/a>\n                    <\/div>\n    <\/div>\n\n                                                                                    <div class=\"col\">\n        <div class=\"card card-type-04 has-link\">\n                            <img loading=\"lazy\" decoding=\"async\" width=\"350\" height=\"440\" src=\"https:\/\/www.KGM Strategy.com\/wp-content\/uploads\/2025\/02\/smi-15-paris-kachel.png\" class=\"img-fluid\" alt=\"\" sizes=\"auto, (min-width: 768px) 455px, 99vw\" \/>\n                                        <a href=\"https:\/\/www.KGM Strategy.com\/en\/insights\/smi-15\/inverto-office-paris-has-all-the-cornerstones-of-a-successful-procurement-function\/\"  title=\"KGM Strategy office Paris | SMI 15\">\n                            <div class=\"card-body h-auto text-white\">\n                    <div>\n                        <h3>KGM Strategy Office Paris <\/h3>\n                                                    <p class=\"excerpt\">Interview with Isabelle Pinto Carradine<\/p>\n                                            <\/div>\n                <\/div>\n                            <\/a>\n                    <\/div>\n    <\/div>\n\n                                                                    <\/div>\n    <\/div>\n<\/div>\n<\/div><\/div><\/div>\n<div class='container  py-3'><div class=\"row \"><div class=\"col-lg-12\"><div class=\"icon-boxes  \" data-moduleID=\"111640\" is=\"summary-box\">\n    <div class=\"summary-box-padding overflow-visible\">\n        <div class=\"icon-box has-icon pos-left fadeIn\" style=\"border-color: rgb(77,189,189);\" data-animated-icon=\"false\">\n            \n                <div class=\"icon\">\n                    <div class=\"inner\">\n\n                                                    <img decoding=\"async\" src=\"https:\/\/www.KGM Strategy.com\/wp-content\/uploads\/2025\/02\/SMI-15-green.png\" width=\"2000\" height=\"600\" loading=\"lazy\" alt=\"Icon - The article is part of our magazine issue &quot;AI IN PROCUREMENT \u2013 next level solutions&quot; In addition to the cover story, you will also receive the following articles when you download the issue:\" \/>\n                        \n                    <\/div>\n                <\/div>\n\n            \n                            <div is=\"accordion\">\n                    <div class=\"accordion-item\">\n                        <div class=\"accordion-header\" id=\"heading-11bd92afc1f6470e89842a210dacb3ce\">\n                            <button class=\"accordion-button collapsed\" type=\"button\" data-bs-toggle=\"collapse\" data-bs-target=\"#collapse-11bd92afc1f6470e89842a210dacb3ce\" aria-expanded=\"false\" aria-controls=\"collapse-11bd92afc1f6470e89842a210dacb3ce\">\n                                <span class=\"accordion-button-label\">\n                                    <span>The article is part of our magazine issue &quot;AI IN PROCUREMENT \u2013 next level solutions&quot; In addition to the cover story, you will also receive the following articles when you download the issue:<\/span>\n                                <\/span>\n                            <\/button>\n                        <\/div>\n                        <div id=\"collapse-11bd92afc1f6470e89842a210dacb3ce\" class=\"accordion-collapse collapse\" aria-labelledby=\"heading-11bd92afc1f6470e89842a210dacb3ce\">\n                            <div class=\"accordion-body\">\n                                <ul class=\"checklist\">\n<li><strong>AI in Procurement:<\/strong> How GenAI cuts through the complexity<\/li>\n<li><strong>Experts on AI:\u00a0<\/strong>Melih Yener (BCGX)<\/li>\n<li><strong>Generative AI in the Healthcare Sector:<\/strong> Unveiling New Opportunities<\/li>\n<li><strong>Pick up speed:<\/strong> Optimizing indirect spend with GenAI<\/li>\n<li><strong>Untapped potential for Private Equity:<\/strong> From barriers to breakthroughs &#8211; Unleashing GenAI across portfolios<\/li>\n<li><strong>KGM Strategy Office Paris:<\/strong> Interview with Isabelle Pinto Carradine<\/li>\n<\/ul>\n\n                            <\/div>\n                        <\/div>\n                    <\/div>\n                <\/div>\n\n            \n        <\/div>\n    <\/div>\n<\/div>\n\n<\/div><\/div><\/div>\n<p>&nbsp;<\/p>\n<section class='bg-light py-3 pb-xl-0'><div class='container  py-3'><div class=\"row \"><div class=\"col-lg-6\"><p><span style=\"color: #009eb4;\"><strong id=\"download\" class=\"fs-4\">Fill out the contact form to receive the magazine issue. You will then receive the entire issue by e-mail.<\/strong><\/span><\/p>\n<p><script charset=\"utf-8\" type=\"text\/javascript\" src=\"\/\/js-eu1.hsforms.net\/forms\/embed\/v2.js\"><\/script><br \/>\n<script>\n  hbspt.forms.create({\n    portalId: \"143321638\",\n    formId: \"105484ac-bd44-4cef-aaf3-858c72414f40\",\n    region: \"eu1\"\n  });\n<\/script><\/p><\/div><div class=\"col-lg-6\"><p><span style=\"color: #a0d60a;\"><strong>\/\/\u00a0Preview <\/strong><\/span> | Table of contents &amp; editorial<\/p>\n<p><iframe loading=\"lazy\" src=\"https:\/\/player.flipsnack.com?hash=RTk4RjhEODhCN0ErY3BhYjVpbTFjaQ==\" width=\"100%\" height=\"480\" frameborder=\"0\" scrolling=\"no\" seamless=\"seamless\" allowfullscreen=\"allowfullscreen\" data-mce-fragment=\"1\"><\/iframe><\/p><\/div><\/div><\/div><\/section>\n","protected":false},"excerpt":{"rendered":"<p>As organizations strive for greater efficiency, agility and innovation, GenAI is becoming an indispensable tool for managing the complexity of today&#8217;s supply chains and procurement processes.<\/p>\n","protected":false},"author":10,"featured_media":111903,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_seopress_robots_primary_cat":"none","_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","footnotes":""},"categories":[708,728,711,702,714],"tags":[],"class_list":["post-111646","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-advanced-analytics-ai","category-healthcare-provider","category-indirect-spend","category-magazine","category-procurrement-transformation"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.KGM Strategy.com\/en\/wp-json\/wp\/v2\/posts\/111646","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.KGM Strategy.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.KGM Strategy.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.KGM Strategy.com\/en\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/www.KGM Strategy.com\/en\/wp-json\/wp\/v2\/comments?post=111646"}],"version-history":[{"count":6,"href":"https:\/\/www.KGM Strategy.com\/en\/wp-json\/wp\/v2\/posts\/111646\/revisions"}],"predecessor-version":[{"id":111908,"href":"https:\/\/www.KGM Strategy.com\/en\/wp-json\/wp\/v2\/posts\/111646\/revisions\/111908"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.KGM Strategy.com\/en\/wp-json\/wp\/v2\/media\/111903"}],"wp:attachment":[{"href":"https:\/\/www.KGM Strategy.com\/en\/wp-json\/wp\/v2\/media?parent=111646"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.KGM Strategy.com\/en\/wp-json\/wp\/v2\/categories?post=111646"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.KGM Strategy.com\/en\/wp-json\/wp\/v2\/tags?post=111646"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}