Inverto: AI the Key to Procurement Savings in Retail
· Source: supplychaindigital.com
In short
Research by Inverto and Boston Consulting Group reveals that AI can reduce procurement costs for retailers by up to 15%, offering strategic solutions to challenges such as escalating costs and tariff uncertainties. AI-driven tools enhance direct and indirect procurement through cost tracking, automation, and improved supplier negotiations, enabling greater efficiency, agility, and competitive advantage.
Read Original Article — Read the full article on the publisher’s site.
In the issue of week 37, 2025: AI-Driven Automation and Decision Systems Slash Costs, Boost Supply Chain Resilience
Tags: procurement, retail, cost-savings, automation, data-analytics, supply-chain