Those of you who have been reading this blog over the past 18 years know that my archives are extensive regarding the subject matter I have covered. Ironically, I have a reasonably good recall of what I have written. I say reasonably because occasionally, one or two past articles escape my memory.
As I read the text, it sounded strangely familiar, so I wrote the following reply:
Then, It Hit Me!
Did you note the hammer image associated with the article I referenced in my comment (see above)?
I then looked at the image at the top of Justin Goldston’s comment (see below).
What do you see in the yellow circle?
Now I know why it sounded so familiar. What is most encouraging regarding the decentralization of the procurement function and the importance of using an agent-based model is that what I talked about in 2004 is still – if not more relevant in 2025.
The self-learning algorithms within a nascent AI framework developed using an agent-based model in 1999 are the most direct path to leveraging AI, Generative AI, and Agentic AI in 2025 to solve problems in procurement and the supply chain.
Procurement Insights
Why A 2004 Quote Resonates in 2025
Posted on January 10, 2025
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Those of you who have been reading this blog over the past 18 years know that my archives are extensive regarding the subject matter I have covered. Ironically, I have a reasonably good recall of what I have written. I say reasonably because occasionally, one or two past articles escape my memory.
I was reminded of this yesterday.
Being Quoted
In a discussion stream on LinkedIn, Justin Goldston, PhD, shared the following screenshot regarding my post – Can Agentic AI save procurement?
As I read the text, it sounded strangely familiar, so I wrote the following reply:
Then, It Hit Me!
Did you note the hammer image associated with the article I referenced in my comment (see above)?
I then looked at the image at the top of Justin Goldston’s comment (see below).
What do you see in the yellow circle?
Now I know why it sounded so familiar. What is most encouraging regarding the decentralization of the procurement function and the importance of using an agent-based model is that what I talked about in 2004 is still – if not more relevant in 2025.
The self-learning algorithms within a nascent AI framework developed using an agent-based model in 1999 are the most direct path to leveraging AI, Generative AI, and Agentic AI in 2025 to solve problems in procurement and the supply chain.
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