The use of digital tools in the era of AI is changing the procurement process in the modern business world. We are living in a digitized world where procurement teams need to handle tremendous pressur ...

Artificial intelligence (AI) in procurement refers to the use of AI to automate, improve, and streamline how companies buy goods and services. AI allows software to learn patterns, make decisions, and ...

Predictive orchestration is replacing siloed planning models. AI-powered control towers now integrate procurement, ...

Chief procurement and financial officers (CPOs/CFOs) have a wealth of data they can use to optimize processes. Today, the average enterprise collects data from 400 different sources, and data growth ...