Category: AI procurement

Key developments: Recent reports show procurement is shifting from manual, spreadsheet‑based searches to AI‑orchestrated sourcing. PRMAI describes AI now automatically surfacing relevant vendors and pricing, turning procurement from a lookup function into a proactive matching engine. At the…

Key developments: – A new ProcureCon Insights report shows that 68% of senior procurement leaders are already piloting AI solutions even though only 8% have a formal AI strategy in place, highlighting a fast‑moving but unstructured adoption curve.…