Back to Hub
The 6 different ‘flavors’ of GenAI implementations in procurement applications
02/06/2024
Pixabay
Procurement solution providers are engaged in a race to implement GenAI in their solutions. It is in part due to the global interest in GenAI that was triggered by the launch of ChatGPT in November 2022 and in part due to the opportunity to easily enable their applications with (Gen)AI as integration with third-party GenAI tools (like ChatGPT) reduces the barrier to entry to the world of AI-enabled solutions.
However, there are multiple ways to embed GenAI in procurement solutions, from shallow to very advanced. Here are the six levels we have encountered that we have grouped into two main categories: co-pilots and agents.
Series
Topics
Related Articles
-
-
-
AP/I2P EPRO02/18/2021
-
SOURCING09/02/2020
-
SOURCING12/14/2020
Related Articles
-
-
-
AP/I2P EPRO02/18/2021
-
SOURCING09/02/2020
-
SOURCING12/14/2020
Related Reading
AP/I2P
CO2
CLM
CORE
EPRO
P2P
Risk
S2C
S2P
SOURCING
ANALYTICS
SXM
SRM
VMS
Autogmentation Part 5: A detailed examination of GenAI features in procurement tech
10/28/2024