Many business leaders are being forced to reimagine their organizations' supply chain strategies. In my view, procurement is no longer regarded as a back-office cost center—rather, it's a strategic ...

The next era of procurement belongs to organizations that build talent capable of translating intelligence into outcomes.

Artificial intelligence is fundamentally changing how companies buy goods and services, transforming procurement from a back-office function into a strategic business driver. Where procurement teams ...

Instead of being feared as a replacement for procurement professionals, AI should be seen as a potent assistance.

Nearly every procurement leader I meet with voices the same challenge: doing more with fewer resources—without sacrificing compliance, quality or productivity. Organizations are increasingly turning ...

United States Government (USG) agencies are collaborating with industry and academia to understand limitations, risks, and ways to ethically integrate the benefits of Artificial intelligence (AI) into ...

Agentic artificial intelligence (AI) is being used in procurement to address persistent challenges, streamline workflows, and support data-driven decision-making. As organizations deal with ...

Zip, the AI procurement platform valued at $2.2 billion, announced two products on Monday that mark a turning point in its evolution from procurement software to autonomous AI platform: a suite of ...

Procurement teams enter 2026 with increasing expectations to reduce costs, manage risk, and move faster despite tight budgets and limited headcount. Artificial intelligence (AI) is widely viewed as ...

A startup called Pavus AI said today it has raised $5.2 million in funding to help organizations get better access to their procurement data, so they can leverage it to optimize spending and reduce ...

Procurement sits at the center of cost control, supplier relationships, and compliance. If you ask a procurement manager what their week looks like, they won’t say strategy. They’ll probably say: ...