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The marginal improvement in forecast accuracy required to yield millions of pounds in savings for large-scale organisations

Stakeholders are often hesitant to trust an automated forecast that contradicts their intuition. Consequently, the industry is seeing a rise in explainable AI( XAI), which provides the rationale behind a specific prediction, allowing procurement professionals to validate the logic before committing to high-value orders.

The human-in-the-loop requirement While the computational power of AI is undeniable, the most successful

86 May 2026