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The path to AI in procurement
What is artificial intelligence (AI) in procurement and how do we get there? This paper provides definitions for the various stages of the development of AI in procurement, and a practical guide on how to achieve the meaningful application of AI in procurement practices, from identifying the opportunities for AI that are right for an organisation, to preparing policies and practices before implementing an AI solution, to deploying intermediate steps in automation and reporting, and ultimately on how to reach the goal of meaningfully functional AI in the support of live procurement operations.
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Philip Morgan is a steering committee member of the Bay Area Procurement Council and the head of global strategic sourcing and procurement operations for Electronic Arts. He has extensive experience in sourcing and procurement operations as a practitioner and leader and has worked in high tech for over 20 years. His responsibilities have included leading global sourcing and procurement teams through transformation processes, and leading teams through the design and implementation of adaptable sourcing strategies for all levels of spend. Philip is a Juris Doctor (JD) from Florida Agricultural and Mechanical University, College of Law and is a member in good standing with the Florida Bar. He holds several certifications in procurement and supply chain management and is a speaker at conferences including ProcureCon. All views expressed in this paper are his own.