Survey: AI delivers tangible value in procurement
· Source: thescxchange.com
In short
A report by ProcureAbility reveals that AI has evolved in procurement from a tool for efficiency to a strategic asset delivering measurable benefits in cost management, supplier relations, and operational performance. Despite high adoption rates, barriers such as resistance to change and a lack of proven ROI examples remain challenges. Scaling AI’s impact requires change management, workforce training, and standardized ROI evaluation frameworks.
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Tags: procurement, AI, supplier, cost-savings, ROI, efficiency