How AI is changing the face of the procurement sector
There has been a lot of talk about Artificial Intelligence (AI) in procurement . However, what this tech really boils down to is a system that can solve problems, and optimize solutions, across a procurement lifecycle. As a procurement recruiter, we often find it helps to simplify AI in this way so that its true power doesn’t get lost in a sense of complexity or overwhelm. That being said, AI has the potential to change the face of the procurement sector - and the experience of organizations within it - in a number of impressive ways. Using AI to create a competitive edge in procurement AI has a lot to offer those engaging with the procurement sector - as a procurement recruiter, we have identified a number of key ways in which it is changing how organizations approach procurement going forward. · Sourcing. The power of AI lies in providing insights into where the best possible deals are when it comes to sourcing, as well as reducing the amount of time th...