Main AI-enabled procurement improvements as of March 2024

Published by Statista Research Department, Sep 17, 2024

In a survey carried out in March 2024, C-level executives were asked how artificial intelligence was expected to improve procurement over the following 12 to 18 months. Nearly half of respondents mentioned automation of procurement processes. Another 45 percent answered that AI would enhance optimization and guisance in procurement. 

Areas of AI-enabled procurement improvements chiefs envisioned over the next 12-18 months as of March 2024

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Release date

May 2024

Region

Worldwide

Survey time period

March 2024

Number of respondents

2,307 C-suite executives

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Artificial intelligence

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Digital procurementB2B e-commerce in the United StatesSoftware as a Service (SaaS)B2B e-commerce in EuropeE-commerce platform technologies
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