5 ways in which AI is disrupting procurement - CPOstrategy

In a world awash with a seemingly never-ending list of technology buzzwords such as automation, machine learning and Artificial Intelligence (AI) to name a few, AI is one such technology that is moving away from simple hype and stepping closer to reality in procurement. This featured in the August issue of CPOstrategy – read now! Procurement, by its very nature, is tasked with handling huge quantities of spend and with spend comes spend data. Often described by leading CPOs as a repetitive task, understanding and sorting that spend data is now being achieved through the implementation of AI. Through the use of AI, procurement teams can remove human error, increase efficiency and realise greater value from spend data.