Augmented Intelligence for Procure to Pay
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Transcript of Augmented Intelligence for Procure to Pay
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Augmented Intelligence
For Procure to Pay
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Augmented Intelligence for P2PContent• What is it all about? • What is possible? • How do we get there? • Why do we care?• Who can help you? • When is the best time to start?• What is the first step?
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Augmented Intelligence for P2PWhat is It all about?• It is about …• … machines that understand, reason, and learn within the confines of
algorithms,• … utilizing computing power to merge unstructured data from various
sources with structured enterprise data to develop new sourcing strategies, predict demands, and identify risks,• … shifting tasks to the appropriate resource,• …
• for the purpose of assisting humans in making better, more informed, and faster purchasing decisions.
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Augmented Intelligence for P2PWhat is possible?• Dream big or go home. The sky is the limit. • What if it was possible to predict …• … a disruption in the supply chain due to a tornado before it occurs?
https://www-03.ibm.com/press/us/en/pressrelease/46446.wss
• … demand before it is created?https://dupress.deloitte.com/dup-us-en/deloitte-review/issue-19/art-of-forecasting-human-in-the-loop-machine-learning.html
• … the hidden costs of a contract before it is signed?https://twitter.com/askMICA
• What are your possibilities?
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Augmented Intelligence for P2PHow do we get there?• Internal ideation• Idea campaigns• Solution providers• Market research companies• Consulting firms
• Start the journey from where you are!
Tasks• Chatbot• RPA
Enhanced Process• VCA• VPA
Creates New Business Models• AI
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Augmented Intelligence for P2PWhy do we care?• Business is competitive!• P2P has scarce resources to produce great savings!• Work smarter, not harder!• Let machines work harder, while humans work smarter!
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Augmented Intelligence for P2PWho can help you?• P2P professionals• Trainers, speakers, moderators• Technology providers• Innovation incubators• Consulting firms
• But most importantly, you must have someone in your corner that can guide you on the journey, a coach that urges you on when the going gets tough.
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Augmented Intelligence for P2PWhen is the best time to Start?• Now!• Today!• Not tomorrow! • Not next quarter!• Now!
• It is a long journey!
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Augmented Intelligence for P2PWhat is the first step?• Brainstorming http://www.baloonr.com
• Business model canvas http://www.strategyzer.com
• Use case template [email me]• User stories template http://ww.mountaingoatsoftware.com/agile/user-stories
• Elevator pitch http://ww.amanet.org/training/articles/Perfecting-Your-Elevator-Pitch.aspx
• Evaluation template [email me]• Hire your guide [email me or talk to me]
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Contact• [email protected] • https://www.linkedin.com/company/cognitive-procurement • https://twitter.com/ai4p2p • Phone: 224.325.5898• @ai4p2p• #ai4p2p