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AI Agents in Procurement: The Ultimate Guide

ivalua

As supply chains become more interconnected and risks more dynamic, traditional procurement tools fall short. In procurement, AI agents can be in conjunction with complex sourcing, purchasing, and AI-driven supplier management processes to streamline operations. You may also have heard of Agentic AI.

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AI Agents in Procurement: The Ultimate Guide

ivalua

As supply chains become more interconnected and risks more dynamic, traditional procurement tools fall short. In procurement, AI agents can be in conjunction with complex sourcing, purchasing, and AI-driven supplier management processes to streamline operations. You may also have heard of Agentic AI.

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Selling Into the EU? Time to Start Preparing for the Digital Product Passport

Supply Chain Brain

The regulation is designed to provide European consumers with extensive data about the provenance of the items they purchase, all the way back to the sourcing of raw materials. That will be followed by tires in the same year, furniture in 2028, and mattresses in 2029.

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Retailers can tap into generative AI to enhance support for customers and employees

IBM Supply Chain Blog

trillion on retail businesses through 2029. While generative AI currently makes up only 9% of the retail industry’s bottom line impact in 2023, IHL anticipates generative AI will grow to represent 78% of the total financial impact by 2029, reaching a total of USD 4.4 trillion in that year.

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10 everyday machine learning use cases

IBM Supply Chain Blog

Machine learning (ML)—the artificial intelligence (AI) subfield in which machines learn from datasets and past experiences by recognizing patterns and generating predictions—is a $21 billion global industry projected to become a $209 billion industry by 2029. Computer vision fuels self-driving cars.

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