Procurement

AI Enablement drives up to 80% Reduction in Time on High Volume Tasks

G2 Strategic Advisory Services, in partnership with MJC Sourcing, a leader in on-demand procurement services, is proud to offer a comprehensive AI Assessment and Enablement Service for Procurement Departments.

In today’s competitive landscape, the strategic integration of Artificial Intelligence (AI) into procurement and sourcing operations is no longer an option, but a necessity. Many organizations struggle to understand their current AI maturity, identify the right opportunities, and implement effective AI solutions. Yet, the opportunity for immediate productivity gains is close at hand.

Our service is designed to provide clear and actionable recommendations for organizations to harness the power of Generative AI and other third-party AI applications within their sourcing organizations. We provide a holistic assessment of your current AI landscape and deliver tailored recommendations to drive efficiency, innovation, and a significant return on investment.

AI Assessment & Enablement for Procurement

G2SAS AI Assessment & Enablement Service is provided through a streamlined process designed to deliver maximum value with minimal disruption to your operations:

AI Maturity Assessment

First, we utilize a sophisticated and automated survey, powered by industry-leading Qualtrics technology and analytics through Broad Gauge, to conduct a deep-dive analysis of your organization’s current use of generative AI and other AI-powered sourcing applications. The assessment covers a wide range of factors, including adoption, usage, learning, culture, support needs, process integration, readiness, and capabilities or needs.

In-Depth Analysis and Reporting

The results are then gathered from your survey, consolidated, analyzed in depth and provided back to you in an insightful report. The report provides a clear and intuitive assessment of your organization’s proficiency and use of AI. We pay particular attention to individual productivity adoption and enablement opportunities to ensure immediate opportunities to increase productivity are identified.

Pragmatic Recommendations

Our team also provides a set of concrete and actionable recommendations to better enable AI and immediately increase productivity within your organization. The recommendations are tailored to your specific needs and priorities and may include generative AI such as OpenAI’s ChatGPT, third-party AI applications, change management, enablement and support needs.

Ongoing Enablement & Support (Optional)

After the completion of Phase I, if needed, G2SAS offers a 12-month custom designed Support Agreement to provide users with ongoing enablement and support.

Optional ongoing services offered are: Level 1 Support delivered through an always available custom GPT running in your own environment, Level 2 human Support via Teams or Slack, Procurement SMEs and/or virtual or onsite Training services.

AI Assessment and Enablement Procurement Benefits

BenefitDescription
Data-Driven InsightsGain a clear, objective, and comprehensive understanding of your organization’s AI maturity.
Actionable RecommendationsReceive a tailored set of recommendations and a clear path forward for your AI journey.
Expert GuidanceLeverage the deep industry expertise of G2SAS and MJC Sourcing to make informed decisions.
Accelerated ROIIdentify and prioritize high-impact AI use that will deliver a rapid return on investment.
Competitive AdvantagePosition your organization as a leader in AI-powered procurement and sourcing.

AI Procurement Simple Contract Review Example of Time Savings

Process StepManual TimeAI-Assisted TimeSavings
Clause Review90 min15 min75 min
Risk Assessment30 min5 min25 min
Summary Creation20 min2 min18 min
Total per contract~2 hours~22 min~1 hr 38 min saved (≈80%)

AI ROI metrics that directly apply to procurement organizations:

  1. 25–40% Efficiency Improvement Across Procurement Workflows McKinsey research shows that procurement functions using AI gain 25–40% efficiency by automating routine work (RFP drafting, data prep, supplier research) and reallocating time to higher-value activity. Source: McKinsey- “Transforming Procurement Functions for an AI-Driven World.”
     
  2. Up to 80% Reduction in Time for High-Volume Tasks (Contract Review, Invoice Matching, Onboarding) KPMG found that generative AI delivers up to 80% time savings in pilot programs for contract review, supplier onboarding, and document processing Source: KPMG- “Unleashing the Power of GenAI in Procurement.”
     
  3. 94% Cost-Avoidance Success Among AI-Enabled Procurement Teams Deloitte’s global CPO survey reported that organizations using AI and digital procurement platforms achieved 94% cost-avoidance performance, outperforming peers by nearly 20 points. Source: Deloitte CPO Report (as summarized by DigitalCommerce360).
     
  4. More Than 90% Accuracy in Spend Classification Using AI Oracle documented results from an enterprise customer whose AI-powered spend classification achieved greater than 90% accuracy, dramatically improving reporting quality and enabling better sourcing decisions. Source: Oracle SCM – “AI in Procurement.”
     
  5. 23% Reduction in Supplier-Related Disruptions With AI Risk Monitoring Industry data aggregated by WorldMetrics shows AI-enabled supplier risk monitoring can reduce supply disruptions by 23%, improving continuity and lowering emergency sourcing costs — highly relevant to transportation agencies. Source: WorldMetrics – AI in Procurement Industry Statistics.

About Our Partnership

G2 Strategic Advisory Services (G2SAS) is a premier consulting firm dedicated to helping organizations navigate the complexities of digital transformation. Our team of experts provides strategic guidance and hands-on support to help our clients achieve their business objectives.

MJC Sourcing is a leading provider of on-demand, customized, and cost-competitive procurement services. With a team of Subject Matter Experts spanning every category of spend and industry, MJC Sourcing helps clients overcome their most complex resource challenges.


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