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The Practical Uses of AI for Procurement

One of the discussions at eWorld recently came from Julien Nadaud, Chief Product Officer at Determine; he talked about the practical implications of AI in procurement and contract management, putting its use into real contexts. It was an interesting session, attracting a full room of delegates, in which he squarely layed out the real use cases for AI we can expect to see and how they are impacting related tasks. He's written quite a bit on that subject by the way – some of which can be found here. Procurement is becoming more'intelligent' -- this we know. AI learns continuously (with machine learning at its core) using big data coupled with historical knowledge of successful outcomes.