Proactive issue resolution : Predictive analytics can anticipate potential issues with suppliers or procurement processes before they arise . For example , if a system detects a pattern of late deliveries from a specific supplier , procurement managers can proactively address the issue , improving overall supply chain performance and reducing disruptions .
By leveraging data analytics and AI-powered tools , procurement managers can significantly enhance security , improve operational efficiency and optimise supplier relationships , ultimately driving value for their organisations . procurementmag . com 109