The Rise of AI in Procurement: Separating Hype from Reality

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Spend Matters welcomes this guest post from Dr. Alan Holland, founder and CEO of Keelvar.

A first-mover advantage ensues for firms that reach the tipping point of attaining superior performance with AI over humans. But there is also a pre-emptive rush to be ahead of the curve. Businesses are trying to understand before their competitors which AI-backed solutions will offer most value. It’s important to separate the hype from reality.

Afternoon Coffee: IKEA’s Head of Supply Chain Promoted to CEO, EcoVadis Announces its First Sustainability Leadership Awards

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Following the surprise departure of CEO Peter Agnefjäll, IKEA announced Wednesday that Jesper Brodin, currently head of its product range and supply chain, would take over the role. EcoVadis, a provider of environmental, social and ethical performance ratings for global supply chains, announced Thursday 15 winners of its first-ever Sustainability Leadership Awards. Afternoon Coffee brings you the latest in procurement and supply chain news.

Business Intelligence to Transform Procurement