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Harnessing generative AI for smarter supplier negotiations

March 1, 2024

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Of the numerous AI applications in supply chain management, supplier selection, risk resilience, and contract negotiation are often cited as offering the most potential for generative AI. The need for high volumes of text and data makes these areas particularly suitable for such applications. However, many organizations struggle to overcome the complexities of integrating generative AI into mainstream operations, one reason that projects often fail.

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