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Podcast: The AI in Business Podcast
Episode: Driving Procurement Efficiencies for Oil & Gas - with Faraz Shahid of Cheniere Energy
Description: Today's guest is Faraz Shahid, Supply Chain Center of Excellence Lead at Cheniere Energy. Cheniere Energy is an American liquefied natural gas company headquartered in Houston, Texas. From automation to predictive AI, Faraz shares his perspective on how technology is reshaping procurement processes to drive efficiency and address industry challenges. Throughout the episode, Faraz highlights the unique hurdles faced by the LNG sector, including workforce shortages, data management complexities, and supply chain resilience. He explores the role of AI in transactional efficiency, predictive inventory management, and supplier partnerships, offering insights into how these technologies can optimize operations without replacing...