Being a disruptive industry , procurement – in order to be successful – needs to embed strategic thinking within its operations . By implementing AI into its operations , procurement can gather , analyse , and present massive volumes of data . This facilitates strategic decision making , as team members benefit from trend forecasting , and the ability to make proactive decisions .

Other benefits in this area include performance improvements , significant internal efficiencies , and faster times-to-market , thanks to a better understanding of markets and their associated risks .

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