SmartProcurement asked Chat GPT (a Large Language Model (LLM) Artificial Intelligence that’s currently taking the world by storm) to tell us more about itself and what it can do for procurement professionals. The article that follows was written by Chat GPT in response to this question. Hey there! I’m Chat GPT, an advanced AI […]
How Chat GPT Transforms Procurement … in its own words! Read More »
In our first article, CHAT GPT made some bold claims regarding its ability to support and enhance procurement processes. In this short video, Bernie van Niekerk, Editor of SmartProcurement, delves deeper into Chat GPT capabilities and through a conversation with this AI, illustrates its amazing abilities to support procurement processes and professionals. https://commerce-edge.com/tools-tips/practical-examples-of-utilizing-chatgpt-in-the-procurement-process/
How CHAT GPT can improve Sourcing and Supplier Management Read More »
Vice-president of supply chain management in the ARC Advisory Group, based in Charlottesville, Virginia, USA, Steve Banker, spoke to two industry leaders on the subject of supply chain risk management best practices last year, namely Klaus Niebur, the director of global supply chain risk management at Autoliv, and Jan Theissen, the managing director at targetP!
Industry Experts Interviewed on Best SC Risk Practices Read More »
The question, says Cape Town green economy leader Jaisheila Rajput, is whether you should be focusing on ESG or sustainability or treating them as the same thing. Here she gives her views which will undoubtedly help to clarify the matter for many. ESG (Environmental, Social and Governance) on the one hand, and sustainability on the
ESG or sustainability? Read More »
Preparing for a negotiation is critical to success. Though not intended as a substitute for learning, preparing this checklist from Next Level Purchasing can steer your negotiation preparation for great results. Do you follow these steps? Identify the primary supplier to negotiate with. Identify your second-best option in case you cannot reach agreement with your
Can a Negotiation Checklist Improve your Results? Read More »
What we innovate, invent, advance, or know today started off as research fueled by our curiosity. Research is essential in understanding problems and challenges, which, says Oumaima Ben Amor, independent scholar at the Ronin Institute, involves the development of new ideas and solutions. It has shed light on the global threats that we face today.
Sustainability Research is Essential to Shed Light on Global Threats Read More »
Increased intra-African trade will inevitably lead to increased industrialisation, diversification, and, most notably for Africa, enrichment of the continent’s natural resources, commodities, and some agricultural products, allowing Africa to gain more value within the continent says Obiora Madu, Director-General of the African Centre for Supply Chain. It is necessary to consider what the required infrastructure
AFCFTA: Required Infrastructure Ecosystem for Success Read More »
The need for investment and facilitation in assisting SMMEs with pre-investment and post-investment support, is growing, says National Director – Business Consulting, ESG and Energy & Natural Resources, Yugen Pillay. Commenting on the enterprise and supplier development (ESD) research report released last month by the Commission for Broad-Based Black Economic Empowerment (BBBEE Commission), he said
BBBEE Commission releases study on improving ESD Read More »
The recent Africa Supply Chain in Action (ASCA) Conference saw almost 3 000 African supply chain and procurement professionals from 75 countries gather online to examine the skills, strategies and solutions needed to accelerate African economic development and growth in a post-pandemic new world. The theme of this third ASCA event was “Borderless – Unleashing
Thousands online for Africa SC and Procurement Conference Read More »
Now that we’re fully into 2023, the procurement and supply chain operating model will continue to evolve, writes Costas Xyloyiannis, CEO of HICX and contributor to Supply Chain Brain. Despite sustained uncertainty in the business landscape, consumers still need goods and services. And manufacturers still need to meet demand. Read more here.
Three Procurement Technology Evolutions for 2023 Read More »
