Digitalisation of Procurement using Artifical Intelligence
Digitalisation of Procurement Quiz
Test your knowledge on the impact of Artificial Intelligence in the procurement process! This engaging quiz will explore various facets of digitalisation, including how AI is reshaping supply chain management.
Join industry professionals and enthusiasts in understanding:
- Key AI applications in procurement
- The influence of digital transformation
- Best practices for leveraging technology
4. Does Artificial Intelligence is the next gen in creating procurement efficiencies
True
False
6. In which process do you believe AI has its major impact on procurement process
7. What’s your opinion, when companies Implements digitalization for?
9. What is the influence of digital procurement in the recent years of procurement function?
Highly influential
Less
Have to develop more
11. Do you believe the employees undergo digital transformation find it easy to adapt?
Yes
Not so really
12. Does AI helps employees to makes their work easier ?
True
False
13. Which feature of AI would you think as the best?
14. Which is best advantage for digital procurement that is been provided by AI?
15. AI can provide and select prominent suppliers for doing business and it will be always successful?
True
False
16. Which procurement process is highly focused while industries moving from traditional to digital procurement?
Define Specifications
Supplier Selection
Contract Management
Ordering
Evaluation
All the above
17. Which E-Procurement quadrant is more suitable for maturity assessment of digitalization?
Forrester Wave E-Procurement
Gartner Magic Quadrant
SpendMatter’s SolutionMap
Capgemini Digital Procurement
Morsinkhof & Schiele
Based on the requirement
18. What are the dimensions of a Sourcing Strategy?
Number of Vendors
Contract Duration
Sourcing Location
Pricing Model
Sourcing Scope
All the above
19. Industry 4.0 focused only on end to end digitalization of value chain and integration of digital eco systems while Industry 3.0 focused on automation of single machines and processes?
True
False
20. The organizations are still mainly making use of Enterprise Resource Planning (ERP) and Material Requirements Planning (MRP) to reduce the sourcing costs and improve transparency but the quantity of E-Procurement Implementation is still low in the organizations?
True
False
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