Seminar: Digital Procurement & AI

Digital Procurement & AI

“The future of the procurement function levers digital tools to increase efficiency, quality and responsiveness across the business.

By introducing advanced technologies to streamline and optimize the procurement process, to replace manual, paper-based methods with automated workflows, datadriven insights, and real-time analytics, the Procurement function will provide a real competitive edge in any business environment. Digitization enhances supplier management, contract handling, and spend visibility, resulting in increased cost savings, efficiency, and better decision-making.

By introducing AI in procurement, businesses can predict demand, automate repetitive tasks, and assess supplier performance with precision. AI-driven tools also enhance risk management, uncover cost-saving opportunities, and identify potential supply chain disruptions before they occur. By integrating AI, procurement becomes more proactive, strategic, and agile, driving value across the entire supplychain.

The big question is how to get started and what to expect from the transformation journey”