AI is a critical tool in transforming procurement and supply chain operations, and enterprises are ramping up their efforts to leverage this fast-moving technology.
According to GEP-sponsored research from SIG — 2024 Guide to AI-First Digital Procurement Transformation — 46% of respondents have fast-tracked AI adoption compared to other IT investments.
Some procurement pros are taking an aggressive approach to implementation, with nearly one-third (29%) in the pilot testing phase