Artificial Intelligence in Procurement; A New Challenge Ahead

Artificial Intelligence is increasingly being adopted across industries and business functions. It is used throughout organisations for process automation, to improve decision making and to simplify overall organisation processes.

Every year, businesses undergo many challenges and hurdles—recently businesses had to adapt toward combating the impact on operational processes from COVID-19, geopolitical volatilities and the armed conflict in Europe. This was all while also overcoming fierce competition, adjusting to economic challenges, and aligning with globalisation and constantly changing consumer preferences.

Artificial Intelligence In Procurement: A New Challenge Ahead, talks about the ins, outs and overall handling of AI, how to work with AI, the adoption of technological trends for the achievement of transformation goals and the impacts of AI on procurement.

This whitepaper provides answers to questions like:

What are the key impacts that AI could have on the future of procurement?
How does the integration of ChatGPT assist procurement professionals?
What will the evolving business landscape look like over the next 5 years?
How can AI-powered procurement and supply chain accelerate business transformation?