Is your company ready for the next recession?
KPMG principal Ron Walker reveals how companies can prepare for a potential recession by using artificial intelligence to help them find cost-effective suppliers, reduce the cost of sourcing, and make smarter procurement decisions in order to drive savings.
Video transcript
VO: Is your company ready for the next recession? IBM, HSBC and other companies are saving billions of dollars by using AI to make smarter procurement decisions – a powerful way to prepare.
Ron Walker soundbite: The organizations that survived recessions the best are the ones that were getting ready for it before.
VO: AI helps companies find the most cost-effective suppliers.
Ron Walker soundbite: An organization could significantly reduce the cost of sourcing, unlocking anywhere from 10% to 40% savings using AI capabilities.
Created in partnership with Bloomberg Media Group.
Ron Walker
Finance Transformation Service Network Lead, KPMG US
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