Strategic templates – Artificial intelligence – Practical application
Although two procurement problems are rarely identical, the tools to solve them can be largely standardized.
Although two procurement problems are rarely identical, the tools to solve them can be largely standardized.
But for templates to actually be used, they must be simple, intuitive, and deliver clear benefits.
Take the negotiation planner, for example: we helped one state institution save about 100 million on rising raw material prices, a ministry cut in half the penalty for undrawn electricity, and a component buyer unblock an “unsolvable situation with a supplier.”
For Promitea software, I am gradually introducing templates based on best practices as well as practical tricks you won’t find in any book. The latest trend is an assistant that allows you to fill in individual templates through a conversation with artificial intelligence. Of course, you still need to edit and supplement the draft, but within an hour you can have, for example, a Commodity Handbook for a strategic commodity that can save you millions.
Why do things manually or not at all when you have everything served on a silver platter – with video and artificial intelligence on top? Let’s talk about how Promitea can help you do better procurement with less effort.
Why is saving money no longer enough? Most of us who started out in purchasing in the last century remember the heroic tales of brilliant managers who managed to reduce costs by tens of percent through a combination of market power, toughness, and cunning. In this golden age of cost killers, purchasing was judged almost exclusively by parameters such as hard savings, acceleration of the purchasing process, reduction of administrative costs, and reducing the number of buyers. Unfortunately, hard savings cannot be made indefinitely.
Digital procurement is changing – flexibility, the cloud, and mobility are now key.
When people talk about the impact of AI, most companies think of sales, marketing, or internal business processes.
How many times have you looked for a quote that “must be somewhere,” or lost track of who’s supposed to approve the tender?
Return on investment within the first year of project implementation.*
*The ROI estimate is based on real data gathered from our clients and their successfully completed projects.
Join us in the world of Promitea.
Our team is here for you.