- Iberdrola applies generative AI to supplier processes for increased efficiency.
- The Intelligent Bid Evaluation Platform automates bid review and evaluation.
- The platform covers document compliance, technical and economic evaluation, and risk management.
- Technologies like cloud systems and robotisation enhance Iberdrola's procurement digitalisation.
Generative AI in Procurement
Iberdrola has integrated generative artificial intelligence into its procurement processes to enhance efficiency. This technology automates and optimizes the review and evaluation of supplier bids, covering document compliance, initial technical and economic evaluation, and risk management.
Intelligent Bid Evaluation Platform
The newly developed Intelligent Bid Evaluation Platform eliminates subjectivity, provides certainty and transparency, and reduces the time spent on the purchasing process. This allows the Purchasing and Business teams to focus on strategic tasks, increasing their capabilities.
Commitment to Digitalisation
Iberdrola's use of technologies such as cloud systems, robotisation, and real-time dashboards places the company at the forefront of digitalisation in the energy sector. These advancements reinforce its commitment to sustainability and operational excellence.
Strategic Role of Purchasing
The Purchasing Department is a strategic lever for accelerating the energy transition, driving innovation, and generating shared value with suppliers and partners. The implementation of advanced technologies supports Iberdrola's goals in these areas.
