Sonepar Announces Plans to Invest $560 Million in AI
Sonepar announced a $560-million investment to accelerate AI integration across its operations, aiming to enhance customer service, supply chain resilience, and sustainability efforts, building on its $4 billion transformation since 2021. Through these investments, Sonepar said in the press release that it aims to combine commercial performance and operational excellence in support of its customers’ energy transition. The company said this AI investment builds on its ”long-standing commitment to transformation,” and that since launching its transformation in 2021, it has committed nearly $4 billion to reshaping its business model, including nearly $3 billion in the modernization and automation of its global supply chain, and $1 billion for its digital transformation, including the development of Spark, its global omnichannel platform. Deployed at scale across the company, artificial intelligence is now at the heart of its operating model. Sonepar to Invest $560 Million in AI | Electrical Wholesaling
