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Tail spend has always been the procurement leader’s headache. The economics don’t work: thousands of low-value purchases, scattered across suppliers and channels, rarely worth a category manager’s time-yet collectively large enough to hurt savings, compliance, and risk posture. For years we’ve tried to solve tail spend with the usual playbook:…
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In the previous article we explored the strategic opportunity of agentic AI in procurement, the potential for value creation, autonomous negotiations, and freeing up your team to focus on relationships and strategy instead of chasing purchase orders. But here’s where most implementations go wrong. Organisations get excited about the vision,…
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While most procurement teams are still debating whether to use ChatGPT for writing RFPs, forward-thinking organisations are beginning to let AI agents make significant sourcing decisions with increasing autonomy. Here’s the reality: procurement is experiencing its most significant transformation since the introduction of e-procurement systems. But this isn’t about incremental…
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The best procurement leaders in 2025 don’t see themselves as cost managers or process guardians. While others scramble to react to the next supply shock or budget crisis, these leaders are already three moves ahead. They’ve transformed procurement from a reactive function into a predictive advantage. And they’ve done it…
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Procurement leaders operate within an environment of constant tension, where competing priorities pull in different directions. The reality is that procurement has evolved far beyond its traditional focus on cost savings and contract negotiation. You need to be a strategic thinker, risk manager, digital innovator, sustainability champion, and relationship builder…
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What if your AI-powered procurement tool automatically rejected a supplier simply because they were from an emerging market? This isn’t just a hypothetical—it’s happening today. Artificial Intelligence (AI) is reshaping procurement, streamlining supplier selection, risk assessment, and contract management. But for all its promise, AI introduces ethical dilemmas that can’t…
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AI in government procurement—now that’s a big topic, right? The Australasian Procurement and Construction Council (APCC) has recently released a whitepaper that dives deep into this very subject. The paper, Artificial Intelligence in Government Procurement, is a fascinating read that explores not only the opportunities AI brings but also the…
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In this series, we discuss AI’s impact on procurement. We’ve unpacked GenAI in Part 1 and delved into the predictive power of Machine Learning in reshaping procurement strategies and decision-making in Part 2. In the final instalment, we pivot towards the negotiation arena, introducing Haggle Bots and discussing the broader cases…
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Welcome back to our exploration of AI’s impact on Procurement. If you missed Part 1, which covered the basics of AI in Procurement and the ground-breaking role of GenAI, make sure to catch up. Now, we dive deeper into Machine Learning and Predictive Analytics, demonstrating their pivotal roles in refining…
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Procurement is radically transforming with the introduction of Artificial Intelligence (AI). The potential is ginormous. Is that an enormous overstatement? Amara said that society tends to overstate the short-term effects of technology while underestimating its long-term implications. In this three-part series, we will explore how AI automates and optimises Procurement,…
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