Remove Management Remove Strategic buying Remove Supply chain resilience
article thumbnail

Mintec Versus Beroe: Are AI COG Savings Real And Sustainable Beyond Year One

Procurement Insights

In other words, like secret recipes and other competitive advantages, actual data-driven savings through more strategic buying decisions are a closely kept secret. In a business context, historical data is used to make important strategic decisions about the present and future. ” Savings of 5 -15% is quite a range.