The procurement industry is going through one of the biggest transformations in its history — and the driver behind this shift is Artificial Intelligence.

In this video, we explore the three major stages of AI in procurement:

• Predictive AI
• Generative AI
• Agentic AI

Today, AI is enabling procurement teams to transform how they work by supporting:

• Spend analysis automation
• Supplier risk detection
• Contract intelligence
• Autonomous sourcing workflows

Research suggests that AI-enabled procurement can deliver significant business impact:

• 70% faster sourcing cycles
• Up to 8% recovery of contract value leakage
• Organizations innovating 16x faster than competitors

The objective of this video is simple:
to help procurement professionals understand how AI is reshaping the function — and how they can start implementing it within their organizations.

Welcome to The Procurement Playbook, where we explore the future of procurement, strategy, technology, and leadership.

If you work in procurement, sourcing, or supply chain leadership:

Subscribe to The Procurement Playbook for insights on:

• Procurement strategy
• AI in procurement
• Digital transformation
• Supplier management
• Strategic sourcing innovation

#procurement #artificiellintelligens #b2bprocurement