EDITOR’S NOTE: The following is an insightful exchange I had with AOP’s Philip Ideson’s comment on my recent post, DPW Remote Dispatch: To Build Or Not To Build In-House.
PHILIP IDESON COMMENT:
Jon its a good question. I moderated a main stage panel with two leading CPOs where this discussion came up. The issue at hand is AI governance and risk – and so at least the CPOs I talked to are considering make vs buy and in some cases taking a dual path of experimenting with both. However, this risk of having your company powered externally hosted GenAI in one that is a big driver of this thought process.
MY RESPONSE:
Philip Ideson While this is a valid concern, it applies only to a handful of CPOs that have successfully implemented their core platform.
For the 80% still struggling with their initiatives, concern about hosted GenAI security and governance is like worrying about gas prices when you don’t even own a car.
In short, there are more rudimentary concerns on which to focus, as outlined in my follow-up post to this one – https://bit.ly/3Yi8qXV.
Now, some developments are coming along the lines of the Metaprise (today, it’s called orchestration) and advanced operating systems (today, it’s called intake). Think of how well your applications on a PC would work with and without Windows.
Here is just one upcoming conference you will want to check out – https://bit.ly/3BPwmJi
Look for these companies and drop the Gen from GenAI to achieve success.
TODAY’S TAKEAWAY:
How well would your PC work without an operating system?
ALSO:
Here is an excerpt of a post I wrote in Sept. 2007 – https://bit.ly/3SUWxml
“Process understanding starts and ends with the premise of centralized visibility and departmental empowerment.
“It is my position that a true centralization of procurement objectives requires a decentralized architecture that is based on the real-world operating attributes of all transactional stakeholders starting at the local or regional level. In other words, your organization gains control of it’s spend environment by relinquishing centralized functional control in favor of operational efficiencies on the front lines. This is the cornerstone of agent-based modeling.” (Acres of Diamonds: The Value of Effectively Managing Low-Dollar, High Transactional Volume Spend – fall 2004.)”
30
Procurement Insights
The GenAI Metaprise (Orchestration) and Operating System (Intake) Priority
Posted on October 11, 2024
0
EDITOR’S NOTE: The following is an insightful exchange I had with AOP’s Philip Ideson’s comment on my recent post, DPW Remote Dispatch: To Build Or Not To Build In-House.
PHILIP IDESON COMMENT:
Jon its a good question. I moderated a main stage panel with two leading CPOs where this discussion came up. The issue at hand is AI governance and risk – and so at least the CPOs I talked to are considering make vs buy and in some cases taking a dual path of experimenting with both. However, this risk of having your company powered externally hosted GenAI in one that is a big driver of this thought process.
MY RESPONSE:
Philip Ideson While this is a valid concern, it applies only to a handful of CPOs that have successfully implemented their core platform.
For the 80% still struggling with their initiatives, concern about hosted GenAI security and governance is like worrying about gas prices when you don’t even own a car.
In short, there are more rudimentary concerns on which to focus, as outlined in my follow-up post to this one – https://bit.ly/3Yi8qXV.
Now, some developments are coming along the lines of the Metaprise (today, it’s called orchestration) and advanced operating systems (today, it’s called intake). Think of how well your applications on a PC would work with and without Windows.
Here is just one upcoming conference you will want to check out – https://bit.ly/3BPwmJi
Look for these companies and drop the Gen from GenAI to achieve success.
TODAY’S TAKEAWAY:
How well would your PC work without an operating system?
ALSO:
Here is an excerpt of a post I wrote in Sept. 2007 – https://bit.ly/3SUWxml
“Process understanding starts and ends with the premise of centralized visibility and departmental empowerment.
“It is my position that a true centralization of procurement objectives requires a decentralized architecture that is based on the real-world operating attributes of all transactional stakeholders starting at the local or regional level. In other words, your organization gains control of it’s spend environment by relinquishing centralized functional control in favor of operational efficiencies on the front lines. This is the cornerstone of agent-based modeling.” (Acres of Diamonds: The Value of Effectively Managing Low-Dollar, High Transactional Volume Spend – fall 2004.)”
30
Share this:
Related