procurement Archives

Three Key Advancements in Generative AI That Will Shape the Future of Procurement

CIOAXIS BureauJanuary 2, 20250142 views

Progress in generative AI (GenAI) is poised to impact the procurement function through advancements in three areas, according to Gartner, Inc. Agentic reasoning, multimodality, and AI agents are the advancements…

Providing tech driven procurement

CIO AXISOctober 25, 20210858 views

“We are now more likely to see a transition to fully autonomous procurement. On the B2C side, there has been significant technological adoption in terms of individual purchasing of goods…