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Ep 5: Why and How Generative AI Is Changing Procurement feat. Pascal Bensoussan
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In late 2022, OpenAI’s ChatGPT set the world’s imagination on fire. The possibilities of generative AI seemed endless, but at some point the work of applying this new technology had to begin. Companies of all sizes and across industries started experimenting with all kinds of generative AI use cases. Which of them will stand the test of time - and how will procurement be affected?
In this episode of the #LoveProcurement podcast, Kelly Barner is joined by Pascal Bensoussan, Chief Product Officer at Ivalua, to talk about applied generative AI and how procurement teams can start preparing to leverage its potential advantages now.
Pascal speaks about generative AI use cases and how procurement can be part of the journey from hype to helper:
- Where the mandate and ownership of generative AI projects are likely to reside within the corporate hierarchy
- What procurement teams need to know before they start experimenting with generative AI or volunteering to be part of an internal pilot
- How generative AI is likely to change procurement, tactically and strategically, short and longer term
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