Procurement Magazine W1 July 2026 | Page 53

CONTRACT MANAGEMENT
“ It also becomes far less labour-intensive and far more targeted. For straightforward categories, a lot of the old document bureaucracy can be automated.
What replaces the heavy, one-sizefits-all is a more dynamic approach, with clearer specifications up front, more continuous engagement with the market and faster cycles where AI helps you screen options and model trade-offs. Humans focus on the parts that truly need judgment.
“ That’ s consistent with how we think about using AI across procurement.
Not hype, but practical productivity and faster, better decisions. We call that‘ AI at scale’.”
Combined with predictive analytics, Ard explains that this duo takes operations from reacting late to acting early, with a much clearer view of the trade-offs.
“ Instead of waiting for a contract renewal to become a last-minute escalation, we can spot patterns in performance, demand shifts, risk signals and market movement sooner and run scenarios on what happens if we renegotiate versus if we transition,” says Ard.
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