Select a time block to view current activities and how AI will shorten them
2024
Higher value activities that fit within a 2027 workday
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Today: Compare and contrast supplier responses to a request for proposal
In 2027: AI highlights differences between proposals, recommends the best one, and drafts requests for refinements (10 minutes)
9 hours total
3 hours
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2027
Identify supplier risks
Improve risk visibility and mitigation throughout the value chain
Boost supplier innovation
Optimize
ESG efforts in procurement
Enable vertical integration
Today: Align with internal stakeholders on evaluation criteria and timeline for receiving bids
In 2027: AI provides best-in-class bid criteria and timelines (5 minutes)
Today: Attend call with legal department to finalize supplier contract
In 2027: AI reviews contracts, flagging clauses that conflict with company policies such as its environmental, social, and corporate governance (ESG) criteria (15 minutes)
Today: Create a new request for proposals integrating stakeholder input
In 2027: AI generates requests for proposals based on stakeholder input and prior proposals (10 minutes)
Today: Draft a report for management on monthly contract performance
In 2027: Managers use AI to interrogate data directly at any time (5 minutes)
Deepen collaboration between internal stakeholders, suppliers, start-ups, and other vendors
Evaluate the ESG implications of category strategies and sourcing decisions
Use AI data on supply criticality to identify acquisition and joint venture opportunities