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They may not consider potential issues of integrations, supplier onboarding, supply chain data management, change management and system optimization, all of which add to complexity and costs. As a result, point solutions have to be added on to fill the gaps, leading to complexity, integration issues and high overhead.
Over the years, we have moved from the first spend analysis initiatives, laboriously building Excel-based “spend cubes”, through to today’s automated, cloud-based, AI-driven, integrated, holistic (add your own buzz-word here…) procurement platform.
The Office Of Management and Budget and General Services Administration have been fielding a data integration tool to help contracting officers. Dubbed Co-Pilot, it gathers data from various governmentwide procurement systems, and presents buyers with pricing histories, vendor information and other data to help their decisions.
You need emission data that will allow categorymanagers and buyers to report emissions tied to their organization’s purchasing activity at a category or product level. Many Procurement leaders are already taking bold steps towards sustainability by integrating Scope 3 emissions management into their operations.
You need emission data that will allow categorymanagers and buyers to report emissions tied to their organization’s purchasing activity at a category or product level. Many Procurement leaders are already taking bold steps towards sustainability by integrating Scope 3 emissions management into their operations.
That includes an integrated virtual digital assistant – IVA- to help customers make better, faster decisions. Paul agreed, saying that AI would not replace what humans do but would add intelligence and enable buyers to focus on more added value activities. She preferred the term “augmented intelligence” rather than “artificial”.
Following the same rhetoric of transformation, the PPDS Communication now stresses that ‘ Integrated data combined with the use of state-of the-art and emerging analytics technologies will not only transform public procurement, but also give new and valuable insights to public buyers, policy-makers, businesses and interested citizens alike ‘ (at 2).
He also talked about the recent release and the new features there, such as a new user interface across the platform, a new categorymanagement module (which I want to investigate more) and an integrated “digital assistant” at platform level.
Here are some of the key aspects of the current strategy that have raised uncertainty among FAS’s industry partners: The current pool structure is inconsistent with commercial practice and delivering an integrated, holistic cloud solution, as it will increase complexity, risk, and costs for customer agencies and MAS contractors.
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