Micron Technology’s AI-powered Intellisense system allows its procurement team to get to grips with a huge pool of data comprising millions of transactions for more than 70,000 materials from 8,000+ vendors. The tool, which was developed in-house, supports the identification of cost-saving opportunities, category strategy creation, negotiations and risk management. In the words of one judge: “What a cool way to use AI in procurement.”
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“This is a step further from using industry tools to really move procurement into agile decision-making. Harnessing the power of AI is a game-changer, and it’s clear that Micron has seen beyond the horizontal planning horizon.”
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