The energy industry is increasingly leveraging AI to analyze data from drones and sensors to predict future energy failures, reduce downtime and maintenance costs, and even optimize energy production by accurately predicting energy demand. A recent report by McKinsey estimated that AI could potentially enable the energy sector to realize up to $1.3 trillion annually by 2035. In this episode of Supply Chain Now, sponsored by Microsoft, hosts Scott Luton and Kevin L. Jackson explore the transformative impact of AI on the energy sector. Discover how AI-driven innovations are enhancing operational efficiency, predicting failures, optimizing energy production, and driving sustainability goals. Learn from industry leaders like Georgia Power and Constellation Energy on their AI journey towards improved operations, safety, and achieving net zero commitments. Tune in for an insightful discussion on the future of energy.

Data visibility can reshape procurement and supply chain management. In this episode, hosts Scott W. Luton and Allison Giddens are joined by Ashley Greuel and Jeff Gillmer from OMNIA Partners to explore the critical importance of spend visibility for business leaders navigating the complexities of 2024. Tune in for practical insights on leveraging data integration and automation to minimize manual errors and maximize organizational impact. Learn about the strategic role of group purchasing organizations (GPOs) in complementing procurement efforts and uncovering cost-saving opportunities, especially for smaller businesses. With a blend of expert advice, future trends in AI and machine learning, and lighthearted banter, this episode provides actionable steps and encourages a community-driven approach to embracing technological advancements in the supply chain sector. This engaging conversation not only highlights current challenges but also offers a roadmap for aligning teams toward common goals and thriving amidst global uncertainties.