Data analytics, machine learning, and statistical analysis are increasing our ability to make reliable predictions. Automation and AI (artificial intelligence) can reduce the drudgery of analysing and evaluating masses of data. But they can also introduce hidden biases and reduce transparency. How does this apply to procurement?

As a project manager accountable for selecting suppliers, imagine a world where clients share data on supplier performance, on their adherence to schedule and cost, compensation events and volume of costed change requests. This data enables insights into how the supplier relationship is likely to evolve, and the likelihood of project success. 

Within this talk, Martin will walk us through the art of the possible, with its potential to transform procurement and bid management, and also explore the wide range of issues that must be very carefully managed, before you choose to implement it … or should we say, if you choose to implement it. 

For more information and to book your place please visit the APM webinar page.