How 3 Companies Digitized Their Procurement Processes

Corporations have formidable plans for quickly digitizing the procurement operate, particularly by means of rising applied sciences like AI. That was a discovering of a research that we performed with Digital Procurement World in October 2024, which included a survey of over 200 procurement executives around the globe. Nevertheless, in separate in-depth interviews we performed with over two dozen procurement executives and some of their colleagues within the provide chain and IT capabilities, we found obstacles that may get in the best way of those ambitions. However we additionally discovered ways in which three firms featured on this article are efficiently using to beat them: