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July 17, 2024

Global digital procurement 2024 trends survey

Global Digital Procurement on the Rise: Key Takeaways from the 2024 Survey

A significant majority of procurement leaders believe digital transformation is critical to procurement success. This underscores the urgent pivot toward digital procurement frameworks as global industries embrace sophisticated technologies to streamline operations. This shift doesnโ€™t just promise enhancement in speed and transparencyโ€”it rewrites the rulebook on how companies engage with suppliers and manage resources. From [โ€ฆ]

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Procurement Contracts

Leverage AI for Smarter Procurement Contracts and Deeper Insights

Artificial Intelligence (AI) has transitioned from a futuristic concept to a core component of strategic contract management in the procurement domain. Todayโ€™s AI tools do more than automate tasks; they predict trends and adapt to complexities in real-time, providing a foundation for robust, data-driven decision-making. Many companies have accelerated their AI adoption plans to streamline

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