Intelligent purchasing: How artificial intelligence can redefine the purchasing function

Volume: 124, Pages: 69 - 76
Published: Jan 1, 2021
Abstract
Artificial intelligence (AI) can affect all of a company’s functions, not least the purchasing department. In addition to automating and optimizing existing processes, AI opens up new opportunities for purchasers to undertake new, strategic, collaborative, enduring missions. AI enables complex, strategic decision-making in an unpredictable, hostile environment. This article analyzes to what extent AI can improve the performance of the purchasing...
Paper Details
Title
Intelligent purchasing: How artificial intelligence can redefine the purchasing function
Published Date
Jan 1, 2021
Volume
124
Pages
69 - 76
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