Get Even More Visitors To Your Blog, Upgrade To A Business Listing >>

ChatGPT Response Table for Procurement

ChatGPT Response Table For Procurement

Chat GPT on category management 

I tried ChatGPT as an aid in blogging, and it works very well when you need an explanation of a generic theory or concept for your audience. 

Getting to more sophisticated tasks, I asked ChatGPT to explain procurement category management to a non-professional. The response I received created a sense of Deja Vu from previous inquiries on similar procurement topics. 

Obviously, when you know the subject well, ChatGPT answers strike you with primitivity and narrowness. You simply obtain a mix of boiler-plate phrases collected from product whitepapers and consultancy teasers.

Procurement Response Table by ChatGPT 

I created this ChatGPT response table from the recent inquiry on category management. It can be used for any other topic related to procurement. 

You only need to link a random action from the left side of this table to another random result from the right side of it. 

E.g. strategic sourcing is the methodology of leveraging purchasing power and selecting suppliers to achieve control and value. 

SRM optimizes supplier relations to improve supplier performance and reduce risks. 

Procurement must manage spend and develop strategies to define opportunities for achieving cos-efficiencies.

ChatGPT as an arbitrator

This post isn't meant to diminish the value of ChatGPT. It instead suggests the topical use of it. 

For example, I found it helpful to use as an arbitrator for the Legal vs. Procurement dispute of one of my clients regarding the ownership of the contract administrator role.

I suggested the following response to the question, "Is the contract administrator a threat to the legal department?" as an impartial view on the core subject of the dispute. I have yet to totally succeed, but the good argument was there.

ChatGPT isn't likely to help to leapfrog the lack of education or experience. Yet, its wise and topical use is an excellent way to "gain understanding" and "achieve outcomes."  

To keep receiving new insights and research, please subscribe here. 

My Udemy course "Value-based Procurement."

My Udemy course "Procurement Lab."

My Udemy course "Foundations of Contracts and Outsourcing."

My Udemy course "Adaptive Sourcing: Agile Procurement in Practice."

More information on this and other exciting topics can be found in "The Technology Procurement Handbook." It represents 23 years of experience, billions of dollars worth of successful sourcing projects, and 1000s hours spent on research, analysis, and content creation for the most demanding professional readers.
Buy from Kogan Page
Buy from Amazon U.S.
Buy from Amazon U.K.
Buy from Amazon CA
Buy from Amazon AE


This post first appeared on The Good Spending, please read the originial post: here

Share the post

ChatGPT Response Table for Procurement