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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Areas of AI-enabled procurement improvements chiefs envisioned over the next 12-18 months as of March 2024
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The Economist. (May 13, 2024). Areas of AI-enabled procurement improvements chiefs envisioned over the next 12-18 months as of March 2024 [Graph]. In Statista. Retrieved April 21, 2025, from https://www.statista.com/statistics/1478720/ai-enabled-procurement-improvements/
The Economist. "Areas of AI-enabled procurement improvements chiefs envisioned over the next 12-18 months as of March 2024." Chart. May 13, 2024. Statista. Accessed April 21, 2025. https://www.statista.com/statistics/1478720/ai-enabled-procurement-improvements/
The Economist. (2024). Areas of AI-enabled procurement improvements chiefs envisioned over the next 12-18 months as of March 2024. Statista. Statista Inc.. Accessed: April 21, 2025. https://www.statista.com/statistics/1478720/ai-enabled-procurement-improvements/
The Economist. "Areas of Ai-enabled Procurement Improvements Chiefs Envisioned over The next 12-18 Months as of March 2024." Statista, Statista Inc., 13 May 2024, https://www.statista.com/statistics/1478720/ai-enabled-procurement-improvements/
The Economist, Areas of AI-enabled procurement improvements chiefs envisioned over the next 12-18 months as of March 2024 Statista, https://www.statista.com/statistics/1478720/ai-enabled-procurement-improvements/ (last visited April 21, 2025)
Areas of AI-enabled procurement improvements chiefs envisioned over the next 12-18 months as of March 2024 [Graph], The Economist, May 13, 2024. [Online]. Available: https://www.statista.com/statistics/1478720/ai-enabled-procurement-improvements/
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