Insights

Vendor discovery and ChatGPT: The good, the bad and the ugly

Everyone is talking about ChatGPT at the moment, and for good reason. Whether you’ve been reading articles impressively written by the AI itself or hearing about how it will transform [insert industry of your choice], the internet is abuzz with predictions about the impact of Open AI’s latest Large Language Model (LLM). One area it …

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David Doyle talks to Procurement Magazine about AI and Automation

In the February issue of Procurement Magazine, David Doyle talks about AI and automation, sharing his thoughts on the value of implementing AI solutions, common challenges and misconceptions and where AI for procurement is headed in 2023.   What are the barriers to successfully implementing AI solutions in your procurement processes? How can AI help …

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Our digital procurement predictions for 2023

As new year strategies are discussed and old habits rethought, procurement teams are looking to the year ahead. We asked our CEOs and founders, David Doyle and Alex Miller, for their thoughts about where digital procurement is headed in 2023 and the key trends to look out for. Here are their predictions:   Macroeconomic uncertainty …

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SaaS tools and market mapping: What’s in a market?

A one-size-fits-all approach to market mapping and categorisation doesn’t work: can SaaS tools can provide an answer? Let’s start with coffee. Meet three different people interested in the coffee market: Dana is head of a procurement team focused on sustainable coffee procurement. Kate owns ‘To bean or not to bean?’, a small coffee shop in …

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Why is AI always blue?

When it comes to AI, companies and creators seem fascinated by the colour blue…   No need to reinvent the teal When picking out colour schemes, AI companies are surprisingly uninventive. More often than not, they tend to stick to the same narrow band of shades.   Take stock images. Searching for artificial intelligence on …

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Sustainable procurement: Is your supply chain ESG-friendly?

Building and committing to an Environmental, Social, Governance (ESG) strategy is increasingly important for businesses. And sustainable procurement teams can lead the charge. Forestreet Cheat Sheet Key points for busy people Sustainable procurement involves integrating your company’s Environmental, Social, Governance (ESG) strategy into the procurement process. In order to make procurement sustainable, companies should be …

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