At SIG One-Day Toronto, Bob Campbell, Director of Sourcing and Procurement at GATX, demonstrated how a lean procurement team can expand its impact using targeted AI use cases in procurement. GATX has focused on sourcing efficiency, contract analysis, and executive visibility.
How is GATX using AI to accelerate sourcing?
- Faster RFP creation through AI-generated scopes, questions, and templates
- Increased sourcing capacity without having to add headcount
- Expansion into new categories supported by reusable RFP structures and higher-quality documentation
These improvements allow GATX to launch events more quickly, serve more internal partners, and standardize the quality of sourcing activities.
How is AI helping GATX identify savings?
Contract intelligence is a significant part of the company’s results. GATX used AI to analyze its contract portfolio and surface opportunities for consolidation and negotiation that produced $3.5 million in identified savings. This is a great AI use case in procurement because it provides insight across contracts that manual review would rarely uncover in the same timeframe.
How is mobile access improving collaboration?
- Executives can access contract summaries from their phones.
- Approvals move forward even when leaders are traveling.
- Bottlenecks are reduced, which keeps sourcing events on track.
- Shared AI summaries improve alignment across procurement, legal, finance, and business teams.
These capabilities illustrate how AI visibility can strengthen cross-functional collaboration and help procurement maintain momentum, even with a small team.