SAP is the world’s leading provider of business software – enterprise resource planning, business intelligence, and related applications and services that help companies of all sizes and in more than 25 industries run better.
Through the routine flow of commerce and day-to-day operations, enterprises accumulate vast troves of data often at a rate outpacing their ability to make sense of it all. So they rely increasingly on cloud-based networks to distill the information, detect meaningful patterns, and draw actionable insights to improve decision-making and counter disruption.
But what if AI could help businesses to automate their most time-consuming procurement and supply chain activities, not only through generative mechanisms but predictive ones as well?How much strategic value, previously tied up in tactical tasks, could enterprises unleash if business-to-business networks could reliably predict certain operational requirements and execute them autonomously? With the rise of cloud-based, intelligent applications, they’re beginning to find out — and, in the...
Where are AI-enhanced spend management solutions headed in years to come? Toward systems that can carry out end-to-end procurement, supply chain and logistics processes within parameters strategically set and overseen by humans. These cloud-based solutions are bringing us closer to an era of autonomous functionality, where AI-enabled applications reveal detailed insights, provide prescriptive recommendations, and unshackle talented procurement professionals from endless administrative burdens.
The trend toward autonomous procurement, supply chain and logistics processes represents a journey that different industries and personas will pursue from different directions and at varying speeds, embracing AI to reduce human labor for some activities while augmenting it in others.
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