Here are 3 PRACTICAL WAYS you should be using AI tech in #procurement right now 👇 1️⃣ Need to build or strengthen workflows and rules for your procurement process? Use an easy AI conversational interface and ask it to help you set it all up. 2️⃣ Got too much data to sift through in different formats (i.e. invoices, contracts, POs)? Let AI extract all the relevant info and turn it into structured, usable data. 3️⃣ Want insights from all that data and external market trends/pricing without digging for it? Let AI analyze your context/contract AND surface the anomalies and prescriptive insights to you as you need it. Your goal? Make faster, more informed and proactive decisions around spend. Always remember: AI should learn you and your tendencies + make technology work with you. Learn more practical ways #AI can help you in our latest playbook: https://lnkd.in/g9575S58
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How prepared is your supply chain to handle disruptions? Ensuring a resilient supply chain is essential for maintaining smooth operations and customer satisfaction. Here are several practical steps to consider: 🔹 Utilize AI: Use artificial intelligence to detect anomalies and predict disruptions before they happen. 🔹 Map your supply chain: Detailed tracking helps identify potential issues in advance. 🔹 Build strong supplier relationships: Regular communication with suppliers gives you better insight into their challenges and helps you adapt. 🔹 Maintain inventory buffers: Keeping extra inventory can mitigate the impact of delays. 🔹 Multisourcing: Diversify your supplier base to avoid reliance on a single source. 🔹 Use multiple shipping carriers: This reduces the risk of delays caused by any one carrier. For more detailed strategies, check out this helpful article from SCM Dojo: What strategies are you using to strengthen your supply chain? https://lnkd.in/gDXw5Hk9 #SupplyChain #AI #Sourcing
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How prepared is your supply chain to handle disruptions? Ensuring a resilient supply chain is essential for maintaining smooth operations and customer satisfaction. Here are several practical steps to consider: 🔹 Utilize AI: Use artificial intelligence to detect anomalies and predict disruptions before they happen. 🔹 Map your supply chain: Detailed tracking helps identify potential issues in advance. 🔹 Build strong supplier relationships: Regular communication with suppliers gives you better insight into their challenges and helps you adapt. 🔹 Maintain inventory buffers: Keeping extra inventory can mitigate the impact of delays. 🔹 Multisourcing: Diversify your supplier base to avoid reliance on a single source. 🔹 Use multiple shipping carriers: This reduces the risk of delays caused by any one carrier. For more detailed strategies, check out this helpful article from SCM Dojo: What strategies are you using to strengthen your supply chain? https://lnkd.in/eVfpsUw3 #SupplyChain #AI #Sourcing
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AI is Shaping the Post-Purchase Experience 🚀 Artificial intelligence is expected to contribute $55.53 billion to the global #retail market by 2030. While this will impact the customer experience from end to end, retailers will be looking to use #AI more in the #postpurchase experience to improve deliveries and increase repeat purchases. parcelLab's AI system, Trending Late, has helped an electronics retailer detect more than 80% of late deliveries in the first three checkpoints. Learn how we can future-proof your post-purchase experience with the help of AI: https://lnkd.in/eMGNXhRN
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AI technologies are transforming supply chains by enhancing decision-making, cutting costs, and boosting agility. As the ecosystem evolves, it's crucial to understand how AI drives businesses toward a more efficient and competitive future. #ZebraEmployee https://lnkd.in/ex4C9ymU
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AI is Shaping the Post-Purchase Experience 🚀 Artificial intelligence is expected to contribute $55.53 billion to the global #retail market by 2030. While this will impact the customer experience from end to end, retailers will be looking to use #AI more in the #postpurchase experience to improve deliveries and increase repeat purchases. parcelLab's AI system, Trending Late, has helped an electronics retailer detect more than 80% of late deliveries in the first three checkpoints. Learn how we can future-proof your post-purchase experience with the help of AI: https://lnkd.in/epabmkm2
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AI is Shaping the Post-Purchase Experience 🚀 Artificial intelligence is expected to contribute $55.53 billion to the global #retail market by 2030. While this will impact the customer experience from end to end, retailers will be looking to use #AI more in the #postpurchase experience to improve deliveries and increase repeat purchases. parcelLab's AI system, Trending Late, has helped an electronics retailer detect more than 80% of late deliveries in the first three checkpoints. Learn how we can future-proof your post-purchase experience with the help of AI: https://lnkd.in/e34jkadU
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Discover the Power of #AI in your non-tech #business: In today's fast-paced business world, AI can revolutionise operations and increase your growth tremendously. For example, as an FMCG Business, you can leverage AI to optimise supply chain management, predict consumer trends and enhance personalised marketing strategies. With Artificial intelligence, you can make data-driven decisions swiftly and gain deeper insights into consumer preferences and behaviors. Zimnat worked with us to integrate AI which not only enhanced their operational efficiency but also gave them a competitive edge. Like Zimnat, we can help you ensure that your business remains at the forefront of innovation, regardless of whether you are a tech giant or not. Learn more👉https://bit.ly/3SmbGxW
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AI technologies are transforming supply chains by enhancing decision-making, cutting costs, and boosting agility. As the ecosystem evolves, it's crucial to understand how AI drives businesses toward a more efficient and competitive future. #ZebraEmployee https://lnkd.in/gcpTyKH9
Can AI help you?
https://www.roboticsandautomationmagazine.co.uk
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Artificial intelligence is changing the way companies work, innovate and compete. It increases efficiency, productivity, customer satisfaction and profitability, while enabling the creation of new products, services and business models. However, AI's effectiveness depends on high-quality, well-structured data. Poor data can make AI a risk. 𝐅𝐢𝐧𝐝 𝐨𝐮𝐭 𝐡𝐨𝐰 𝐀𝐈 𝐜𝐚𝐧 𝐭𝐫𝐚𝐧𝐬𝐟𝐨𝐫𝐦 𝐲𝐨𝐮𝐫 𝐛𝐮𝐬𝐢𝐧𝐞𝐬𝐬. Learn more about how to prevent your business from being poisoned by poor data quality and structure. Let data be the fuel that drives AI! 𝐑𝐞𝐚𝐝 𝐭𝐡𝐞 𝐛𝐥𝐨𝐠: https://lnkd.in/e6E5rPKh #AI #Data
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How AI Needs Data Quality and Data Quality Needs AI 🎯 Here's why: AI Thrives on High-Quality Data AI systems rely on accurate, clean, and complete data for useful insights and predictions. Imagine a retail company using AI to predict buying patterns with old or incorrect data – the results would be poor. High-quality data ensures reliable outputs and smart decisions. Data Quality Needs AI Keeping high data quality is challenging with large data volumes. AI quickly analyzes data for instant customer insights, allowing detailed segmentation and personalized experiences. At Nominow, we bridge the gap between AI and data quality, using advanced AI algorithms to continuously monitor and improve data quality for smarter decisions. #AI #DataQuality #MachineLearning #DataManagement #BusinessIntelligence
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