Will artificial intelligence replace buyers?
Which hurdles do buyers have to overcome, and can artificial intelligence help? Which challenges affect materials management in the present and which challenges are waiting in the future, and can we as Flowciety help to overcome them? These are the questions we asked ourselves after focusing on the purchasing departments in Germany. At the Procurement Summit we were able to get some insights. Especially after the panel discussion “Purchasing of the Future” can answer the question AI instead of buyers as follows:
Technology will not replace purchasing employees.
It will help buyers to use their skills for really important tasks.
We have probably all heard about the shortage of raw materials, but many people are not aware of what lies behind this statement. Titles such as “Too few presents – How the shortage of raw materials will affect Christmas sales” to “When will there be enough chips again to ensure the continued production of technical devices?” only scratch the surface – the end consumer.
Behind the expression of scarcity, however, are many parts of a supply chain that have been facing particularly great challenges for some time. They have hardly any time to deal with future issues, from procurement to logistics. Automation by means of tools would be a first important step to set up operational purchasing efficiently, to reduce interfaces and thus to free up resources.
The future will bring even more challenges.
Purchasing and buyers will continue to be measured by how it masters these challenges and the transformation. Savings are already no longer the only added value that purchasing can and should deliver.
With the collaboration engine Glu:on it is possible to reduce the number of interfaces. This can be in purchasing or in other areas where data needs to be exchanged with your partners. Standardized and automated processes are the possibility for you to have enough time to face new challenges. Have a look at the Glu:on site or contact us directly for a free get-to-know conversation.