AI Procurement: What's Happening Right Now?
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AI is redefining procurement, shifting it from a cost-cutting exercise to a strategic value creator. In this video, we explore how artificial intelligence accelerates procurement processes by up to 80%, enhances decision-making with predictive analytics, and drives collaboration between CPOs, CIOs, and CTOs. Learn how AI enables contract management via conversation, automates invoice approvals, and builds resilience with digital twins. We’ll unpack trends like IoT adoption, sustainability as a non-negotiable, and the “China-plus-one” strategy — revealing why leading organisations are investing over £1 million in AI-driven procurement tools by 2025. Whether you’re a procurement leader, supply chain strategist, or AI enthusiast, this is your guide to the future of procurement in an AI-powered world.
Join this channel to get access to perks:
https://www.youtube.com/channel/UCQKMRtL4Li9sFvLi-ixo1Ow/join
Join Substack (YouTube Exclusive Offer £50 membership for access to over 350 articles and pieces of content – usually £100 per year): https://worldofprocurement.substack.com/wopyt
AI is redefining procurement, shifting it from a cost-cutting exercise to a strategic value creator. In this video, we explore how artificial intelligence accelerates procurement processes by up to 80%, enhances decision-making with predictive analytics, and drives collaboration between CPOs, CIOs, and CTOs. Learn how AI enables contract management via conversation, automates invoice approvals, and builds resilience with digital twins. We’ll unpack trends like IoT adoption, sustainability as a non-negotiable, and the “China-plus-one” strategy — revealing why leading organisations are investing over £1 million in AI-driven procurement tools by 2025. Whether you’re a procurement leader, supply chain strategist, or AI enthusiast, this is your guide to the future of procurement in an AI-powered world.
