Redefining Procurement Using Artificial Intelligence (AI) in Oil & Gas : Driving Strategic Procurement in the New Normal
The Oil and Gas (O&G) industry has fallen on hard times. The COVID-19 pandemic, coupled with extreme volatility in crude oil and gas prices, has been nothing short of the perfect storm for energy companies.
As a result, O&G firms must build robust supply chain resilience and have access to adequate procurement intelligence to mitigate risks and optimize strategies that can help weather the storm.
This e-Book explores how O&G firms can leverage Artificial Intelligence (AI) in the form of a specialized Source-to-Pay (S2P) procurement software suite to sharpen their supply chain visibility, automate tasks for enhanced efficiency, and redirect focus towards strategic initiatives. The e-Book covers:
- Navigating the Procurement pandemonium
- Getting procurement right in the new normal
- Optimizing procurement using AI-driven automation
- Success Story of a global O&G firm
- Cognitive Procurement