A survey of over 200 procurement executives highlights the ambitious plans for digitizing procurement through emerging technologies like AI. Despite this drive, various obstacles challenge the realization of these goals. In-depth interviews reveal practical difficulties faced in the digital procurement process. However, certain companies showcase successful strategies for overcoming these challenges, indicating that while obstacles exist, effective solutions can lead to advancement in digitized procurement operations.
Companies are setting ambitious targets for digitizing procurement through emerging technologies like AI, aiming for improvements in efficiency and decision-making.
A study involving over 200 procurement executives revealed that while digitization goals are high, significant obstacles exist that can impede progress.
Several companies have identified methods to effectively address challenges in digital procurement processes, showcasing success in integrating AI and other technologies.
Interviews with procurement executives revealed insights into the practical difficulties faced, but also highlighted strategies that facilitate advancement in digital procurement.
#digital-procurement #ai-in-procurement #procurement-challenges #emerging-technologies #supply-chain-innovation
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