In this episode, join us as we delve into the dynamic world of supplier data management and its transformation through AI and ML. Our guest, Stephany Lapiere,a  Founder & CEO at TealBook , shares insights on how organizations can effectively solve supplier data challenges and mitigate risks using cutting-edge technology. Major Talking Points: Traditional Limitations in Supplier Data Management: Exploring the shortcomings of traditional approaches in managing supplier data. The evolving data-driven landscape and the widening gap in traditional methodologies. The urgency for a more agile and adaptive system to address modern supplier challenges. The Promise of AI and ML in Supplier Data Management: Understanding the role of Artificial Intelligence and Machine Learning in revolutionizing supplier data management. Enhancing data accuracy and predictive capabilities through AI-driven insights. Leveraging ML algorithms to streamline complex data categorization and analysis. Ensuring Data Security and Confidentiality: Discussing the critical importance of data security and privacy in supplier relationships. How AI and ML can reinforce data protection while improving data quality. Techniques like federated learning and encrypted processing to maintain confidentiality. Real-World Examples of AI and ML Success: Showcasing practical cases where businesses have effectively employed AI and ML to tackle supplier data challenges. Highlighting instances of improved risk assessment, supplier performance prediction, and fraud detection. Illustrating the transformative impact on decision-making and operational efficiency. Benefits and Cost Savings of AI and ML Implementation: Unpacking the potential advantages organizations can gain from adopting AI and ML in supplier data management. Exploring cost savings through optimized resource allocation, reduced errors, and more informed decision-making. Examining the long-term value and competitive edge derived from harnessing these technologies. and more… If you want to be our guest, or you know some one who would be a great guest on our show, just send your email to info@globalriskconsult.com with a subject line “Global Risk Community Show” and give a brief explanation of what topic you would like to to talk about and we will be in touch with you asap.