Efficio signs strategic collaboration with OpenAI
Procurement and supply chain management consultancy Efficio has entered into a strategic collaboration with OpenAI. Efficio’s consultants will now work to leverage AI tools to deliver greater impact to clients.
“Our collaboration with OpenAI enables us to transform how procurement teams work to deliver meaningful commercial outcomes that impact their bottom line,” said Jose Oliveira, vice president of product and technology at Efficio.
Efficio is a global procurement and supply chain management consultancy, with offices across Europe, North America, the Middle East and Asia. In a time of uncertainty, when geopolitical tension and climate change mean supply chains are having to constantly adapt, Efficio partners with organisations to help unlock value, and ensure resilient procurement can deliver them a competitive advantage.
As the firm looks to modernise that service, to better support clients with their transformative needs, Efficio has collaborated with OpenAI since early 2024. Working to embed generative AI into procurement workflows, after an experimental phase testing hundreds of use cases, Efficio has now rolled out ChatGPT Enterprise internally across its global business, achieving high adoption and measurable productivity gains across its consultant workforce.
Oliveira added, “We’re combining human expertise with AI capability to transform the procurement function to be future-ready.”
The collaboration aims to harness OpenAI’s technology to transform procurement use cases by accelerating time to insight. According to a release from the firm, its AI offering now includes “systematic onboarding, training, and upskilling to ensure safe, effective AI usage”. At the same time, integrated into Efficio’s Connected Platform and deployed via custom-built client toolsets, OpenAI’s technology aims to streamline analysis, improves visibility, and helps procurement teams make more informed, faster decisions.
“Efficio shows how consultancies can embed AI responsibly and effectively at scale,” remarked Orian English, EMEA GTM leader at OpenAI. “Their work demonstrates how AI can amplify consulting expertise and drive greater client impact.”
OpenAI is a US artificial intelligence research laboratory, which has leveraged systems running on the world’s fifth most powerful supercomputer, to conduct research in the pursuit of developing user-friendly AI tools. As well as Efficio, it has recently also collaborated with Ankura, PwC and Bain & Company to produce tools helping their consulting function.
