Summary:
AI transforms procurement from a tactical role to a strategic business enabler.
Key AI tools include NLP, ML, RPA, and predictive analytics.
AI helps with spend analysis, supplier risk, forecasting, and contract review.
Challenges include data silos, skill gaps, and ethical concerns—solvable with training and governance.
C-suite must support AI adoption through... https://blog.procurementfreelancers.com/procurement-professionals-and-ai-a-c-suite-guide-to-empowering-your-team/