How Generative AI is Revolutionising Sustainable Supply Chains

Sustainable Supply Chain

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In today's episode of the Sustainable Supply Chain podcast (generously sponsored by Live EO), I had the pleasure of chatting with Kevin Frechette, the co-founder and CEO of Fairmarkit. We delved into the transformative role of AI and generative AI in the procurement sector, particularly how these technologies are reshaping supplier transparency and compliance with ESG goals.

Kevin shared insightful examples of how AI is not just a buzzword but a practical tool that's enabling organisations to make more informed and sustainable procurement decisions. We discussed real-world applications, like how companies are leveraging AI to identify ESG-compliant suppliers, automate sourcing processes, and even improve safety measures in industries like mining and manufacturing.

One key takeaway from our conversation is the importance of starting small with AI initiatives. Kevin emphasised that organisations should focus on achievable goals and build from there, rather than aiming for sweeping changes that may be overwhelming. We also touched on the future of procurement technology and how staying ahead of the curve requires continuous learning and adaptation.

If you're curious about how AI can make procurement more efficient and sustainable, this episode is packed with practical advice and forward-thinking perspectives. Whether you're just beginning your AI journey or looking to deepen your understanding, Kevin's insights offer valuable guidance on navigating this rapidly evolving landscape.

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1. How Generative AI is Revolutionising Sustainable Supply Chains (00:00:00)

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3. (Cont.) How Generative AI is Revolutionising Sustainable Supply Chains (00:29:42)