THE TRANSFORMATIVE IMPACT OF AI ON PROCUREMENT EXCELLENCE: A TECHNICAL ANALYSIS
Keywords:
AI-Driven Procurement Transformation, Predictive Analytics In Supply Chain, Supplier Relationship ManagementAbstract
This comprehensive article explores the transformative impact of Artificial Intelligence on procurement operations and strategic decision-making across global enterprises. The article examines how AI-driven solutions revolutionize traditional procurement processes through automation, predictive analytics, and data-driven supplier management. The article investigates the implementation considerations, technical requirements, and critical success factors for AI adoption in procurement. The findings demonstrate that organizations leveraging AI technologies significantly improve operational efficiency, cost reduction, and strategic value creation.
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