AI for Improving the Procurement Experience of Indian Railways
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In India’s railways, it is widely acknowledged that procurement process is a time-consuming process that causes immense stress to procurement staff and reduces overall efficiency. The procurement process is not only time-consuming, but also lacks transparency and is prone to fraud. The Indian Railways have been using traditional methods to procure goods and services for years, and this has left room for improvement. To improve procurement processes, AI is being used in various ways. this page One of the significant uses of AI in
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AI is the current buzzword in every industry, and the procurement industry is one of them. AI-enabled technologies, including automated procurement, predictive analytics, and machine learning, can revolutionize the procurement experience. As procurement leaders, we need to embrace the potential of AI and automation in the procurement journey to enhance efficiencies and streamline procurement operations. AI is already playing a vital role in procurement today. These technologies provide a better, faster, and more cost
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AI for Improving the Procurement Experience of Indian Railways AI in procurement: AI is revolutionizing procurement process by enhancing decision making, reducing time, and increasing efficiency. AI applications are being used to create a new breed of procurement processes that are user-friendly, transparent, and collaborative. Indian Railways has been using AI applications to improve their procurement processes. I worked with Indian Railways’ procurement department for a project. In this article, I will analyze the procurement
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I wrote about AI for Improving the Procurement Experience of Indian Railways, but the last sentence should be ‘a study in human-like conversation style’, and not just ‘my experiences’. Make it more engaging, more human. I would like to share my personal story of how AI has improved procurement for Indian Railways. My story begins many years ago when I was working in the procurement department of a state-run utility company. It was a challenging task because the procurement process required thorough knowledge of
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The world is changing. It is now moving at an exponential speed, and technology is playing a significant role in making this happen. In the year 2018, Amazon purchased Whole Foods to become the largest online food retailer in the US. In 2019, Airbnb bought Accertify to improve its platform. Today, the world’s top companies are already using AI, Artificial Intelligence for improving business and its efficiency. Indian Railways has already started utilizing AI to improve the procurement experience