As Generative AI (GenAI) progresses rapidly with new model releases and additional functionality, Gartner explores how the technology will affect procurement and what Chief Procurement Officers (CPOs) may face in the future.
The technological research and consulting firm has released its new ‘How Generative AI Will Shape the Future of Procurement’ report as part of a new series on the five megatrends influencing the future of procurement.
“As the landscape of procurement changes, the integration of GenAI is becoming an undeniable force that will shape the future of business operations,” says Gartner.
“CPOs increasingly recognise the transformative potential of AI, with 72 percent reporting it as a top technology priority by 2030.”
You’ll learn:
- How the traditional value proposition of procurement will be democratised as AI capabilities advance
- Why CPOs should focus on identifying the most relevant use cases for AI integration
- How AI agents will automate traditional procurement activities
