Three key takeaways : GEP and World Economic Forum – Adopting AI Responsibly
“ In the gold rush to apply AI to improve how companies source suppliers and manage global supply chains , there is a very real risk that organisations will dehumanise decisions and unintentionally ignore waste , Co2 emissions , and inequality , with devastating consequences to business , communities and the environment ”
SUPPLY CHAIN INTERVIEW
Three key takeaways : GEP and World Economic Forum – Adopting AI Responsibly
• There is currently very limited guidance on industry standard practice and ways to minimise organisational risks during adoption .
• A procurement team needs to keep a high level of control to make sure AI tools deliver ethical , responsible and reliable solutions .
• There is a role for various business functions in the deployment of AI solutions including product teams , IT , legal and procurement .
“ In the gold rush to apply AI to improve how companies source suppliers and manage global supply chains , there is a very real risk that organisations will dehumanise decisions and unintentionally ignore waste , Co2 emissions , and inequality , with devastating consequences to business , communities and the environment ”
SUBHASH MAKHIJA , CEO AND CO-FOUNDER , GEP
seriously , knowing the GEP plays a crucial role in supporting their clients , but also contributing to the wider conversation of how the technology can be responsibly implemented .
“ The pace is so fast , it ’ s hard for a normal procurement supply chain function or professional to keep up . So our job is to keep up to date and then give the right advice ,” she says .
GEP has also been taking active steps in helping to shape the dialogue about what is ethical and responsible use of artificial or augmented intelligence in procurement and supply chain . They recently collaborated with the World Economic Forum and published a thought leadership white paper around responsible AI and procurement . That groundbreaking paper argued there is currently