"Procurement is evolving to meet macroeconomic challenges, transitioning from a cost center to a growth driver, leveraging technologies like AI and expanding supplier networks."
"Panel discussions on July 30 will focus on how innovation in procurement, especially through AI and improved visibility, contributes to strategic leadership and operational transparency."
Procurement is transforming from merely a cost center to a pivotal role in business growth amidst global challenges. Leaders are focusing on navigating macroeconomic instability, regulatory complexities, and supply chain vulnerabilities. A virtual event on July 30 will address how innovation through AI, sourcing diversity, and enhanced visibility are becoming essential strategies in procurement. The shift emphasizes the need for agility and real-time insights, enabling procurement teams to make faster, informed decisions while maintaining cost efficiency, quality, and stakeholder collaboration.
#procurement-innovation #macroeconomic-challenges #supply-chain-management #ai-in-procurement #supplier-diversity
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