The AI in Business Podcast
ROI for Manufacturing Procurement AI in Business Intelligence - with Sambit Dutta of Nestlé
Dec 19, 2024
Sambit Dutta, Vice President of Digital Strategy at Nestlé US, dives into how digital transformation is revolutionizing procurement in the food and beverage industry. He details post-COVID supply chain resilience and the shift towards AI-driven efficiencies. Sambit highlights the importance of advanced risk assessment and the role of data governance in implementing AI technologies. Through insights into evolving supply chains and strategic decision-making, he underscores the need for a balanced approach to agility, costs, and sustainability in today's complex landscape.
20:26
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Quick takeaways
- The COVID-19 pandemic has caused a shift in supply chain priorities, leading to new KPIs that emphasize resiliency, agility, and sustainability.
- The integration of AI technology in procurement processes enhances decision-making and operational efficiencies by providing real-time insights and predictive analytics.
Deep dives
Evolving Supply Chain Metrics Post-COVID
The podcast emphasizes the shifting priorities in supply chain management that have emerged due to the disruptions caused by COVID-19. Traditional metrics such as service level, cost of delivery, and quality are no longer sufficient to address the complexities of modern supply chains. As a result, new key performance indicators (KPIs) have surfaced, focusing on resiliency, agility, and sustainability. Organizations must now consider how to enhance their supply chains to withstand disruptions while also aligning their operational strategies with sustainable practices.
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