Question: Do you know of any AI-powered solutions that can help transform procurement and supply chain operations?

For transforming procurement and supply chain operations, GEP offers a broad range of AI-powered solutions. Their platform, GEP SMART, offers spend analysis, sourcing, contract management, and procure-to-pay capabilities, while GEP NEXXE offers end-to-end supply chain management with planning, visibility, and execution. GEP's AI-first approach drives efficiency and productivity across multiple industries, and it integrates seamlessly with major ERP systems.

Another top contender is Coupa, a cloud-based spend management platform that automates source-to-pay processes, treasury management, and supply chain collaboration. It offers complete visibility into global cash positions, automating processes to drive high adoption and on-contract spend, making it a unified solution for managing direct and indirect spend across various industries.

JAGGAER is also a powerful option, offering an all-in-one procurement platform with AI-driven automation for contract management, PO matching, and predictive analytics. The platform supports cost optimization, supply chain resilience, and sourcing, among other features, making it a good fit for large enterprises seeking to cut costs and increase efficiency.

Last, Ivalua offers a cloud-based procurement software solution with a single source-to-pay platform that includes direct materials sourcing, supply chain collaboration, and environmental impact management. Using generative AI, Ivalua helps make quicker and more confident decisions throughout the procurement process, making it a flexible and customizable option for leading brands.