Implikationen Künstlicher Intelligenz im industriellen Einkauf: Empirische Ergebnisse und Handlungsempfehlungen

Translated title of the contribution: Implications of Artificial Intelligence in Industrial Procurement : Empirical Results and Recommendations for Action

Volker Koch*, Laila El Shafie

*Corresponding author for this work

Research output: Contribution to journalArticlepeer-review

Abstract

This article provides an overview of current applications of artificial intelligence (AI) in industrial procurement. A literature search and a survey were carried out. The survey participants evaluated their current situation regarding the use of AI in the procurement industry. The results show that numerous companies recognize the value of investing in AI, regardless of whether they are deployed in their operations. However, resources and information are scarce and not all companies are willing to invest in the research that would be required to develop AI-related software. In order to successfully manage change, purchasers must be adaptable and open to the topic of AI.

Translated title of the contributionImplications of Artificial Intelligence in Industrial Procurement : Empirical Results and Recommendations for Action
Original languageGerman
Pages (from-to)888-891
Number of pages4
JournalZWF Zeitschrift fuer Wirtschaftlichen Fabrikbetrieb
Volume117
Issue number12
DOIs
Publication statusPublished - Dec 2022

ASJC Scopus subject areas

  • Engineering(all)
  • Strategy and Management
  • Management Science and Operations Research

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