GEP is transforming procurement and supply chain operations with the launch of the GEP SOFTWARE suite featuring OpenAI’s ChatGPT technology through Microsoft Azure OpenAI Service. This AI-based technology provides users with an intuitive interfacethat allows them to query data, automate processes, and make better decisions in order to optimize operations.
Thanks to the integration of ChatGPT and Microsoft Azure OpenAI Services, businesses can now utilize conversations to simplify complex processes like supplier evaluation. Additionally, artificial intelligence can uncover opportunities for improvement within the value chain, identify potential risks from existing supplier contracts and suggest ways to optimize procurement.
Subhash Makhija, CEO of GEP, acknowledges the far-reaching implications of this new technology, remarking its “giant leap forward” while praising its ability to grow efficiency and productivity.
The integration of AI and OpenAI technology into GEP SOFTWARE is a reminder of the importance of leveraging technology and artificial intelligence in order to succeed in manufacturing, procurement, and supply chain operations, and GEP is leading the way in this strategy.
