Procurement Overlooked for AI Investment Despite Clear Potential for Transformation
· Source: siliconcanals.com
In short
New research from SAP Taulia reveals that procurement functions are significantly underprioritized for AI investment, with only 35% of global leaders prioritizing this area compared to finance (43%) and data analytics (39%). Despite this, procurement professionals are already leveraging AI tools, with 90% reporting that AI automation allows them to focus on higher-value activities like relationship management and risk oversight. The report highlights regional disparities in AI adoption and identifies key barriers including data security concerns, limited internal expertise, and procurement's perception as an operational rather than strategic function.
Read Original Article — Read the full article on the publisher’s site.
In the issue of week 48, 2025: Agentic AI Revolutionizes Supply Chains with Real-Time Control and Resilience
Tags: procurement, investment, automation, risk, supply, forecasting