AI Negotiation can feel like a minefield

Any effective negotiation requires great preparation and excellent information. Here’s the catch: the resources to prepare and the right data to do so are in painfully short supply for procurement teams today. As a result, we rush negotiations, introduce sub-optimal processes like three bids and a buy or e-auctions and, worst of all, don’t attempt to negotiate at all.

But now… everything is changing. With AI negotiation as your partner, every purchase can be negotiated and you can deal with them differently depending on the scenario: strategic contracts by people, tactical and tail contracts by AI. When all your suppliers and all your employees expect to find the win-win every day, you can embed a culture of negotiation and drive the strategic outcomes and efficiencies you have been striving for.

The only catch now is that your options are evolving so fast – everyone is talking about AI negotiation but what exactly can it offer you today? In our live webinar on 26th May, Nibble CEO Rosie Bailey sets out what the end game is as well as where we are now, using real data and insights from conversations with a range of global procurement leaders at enterprise businesses.