In a “which came first, the chicken or the egg scenario,” watch the 30-second video and then tell me how you reconcile the two statements afterward.
AI implementation expediency first, and clean data later?
How do we reconcile the following two “procurement data” statements:
“Procurement is a profoundly data-driven discipline with great potential for becoming the company’s central data hub and emerging as the function with the best ideas based on sound data analysis.” – Sammeli Sammalkorpi
AND,
“The hot topic was where to get started with AI and the importance of finding a quick win. Both Supplier Discovery and Contract Management surfaced as the lowest-hanging fruit for the fastest win. The general consensus was to avoid AI projects that involve dependency on clean data.” – Procurement Leaders | A World 50 Group Community
EDITOR’S NOTE: Below is an excerpt from a discussion stream from DPW’s Matthias Gutzmann‘s LinkedIn Post on Data (March 30th, 2024), followed by a thought-inducing exchange between Stephany Lapierre and Fraser Hill.
“Procurement is the data interface between the company and the outside ecosystem.”
Flashback to DPW Amsterdam 2023 and Sammeli Sammalkorpi‘s reminder that procurement is a profoundly data-driven discipline with great potential for becoming the company’s central data hub and emerging as the function with the best ideas based on sound data analysis.
We’ll return with more insights into the future of data at hashtag#DPWAmsterdam 2024. 🇳🇱
Procurement Insights
A 30-Second Video: Which comes first, the data or AI?
Posted on March 31, 2024
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In a “which came first, the chicken or the egg scenario,” watch the 30-second video and then tell me how you reconcile the two statements afterward.
How do we reconcile the following two “procurement data” statements:
“Procurement is a profoundly data-driven discipline with great potential for becoming the company’s central data hub and emerging as the function with the best ideas based on sound data analysis.” – Sammeli Sammalkorpi
AND,
“The hot topic was where to get started with AI and the importance of finding a quick win. Both Supplier Discovery and Contract Management surfaced as the lowest-hanging fruit for the fastest win. The general consensus was to avoid AI projects that involve dependency on clean data.” – Procurement Leaders | A World 50 Group Community
Ref. Link: https://bit.ly/49iebXK
EDITOR’S NOTE: Below is an excerpt from a discussion stream from DPW’s Matthias Gutzmann‘s LinkedIn Post on Data (March 30th, 2024), followed by a thought-inducing exchange between Stephany Lapierre and Fraser Hill.
“Procurement is the data interface between the company and the outside ecosystem.”
Flashback to DPW Amsterdam 2023 and Sammeli Sammalkorpi‘s reminder that procurement is a profoundly data-driven discipline with great potential for becoming the company’s central data hub and emerging as the function with the best ideas based on sound data analysis.
We’ll return with more insights into the future of data at hashtag#DPWAmsterdam 2024. 🇳🇱
👉 www.conference.dpw.ai
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