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The Role of AI in Sourcing and Procurement: Benefits, Use Cases, and Roadmap

ivalua

We’ve seen AI take over everyday tools and search engines; AI in Sourcing and Procurement is becoming a strategic tool in our kit, At Ivalua, we are helping global procurement teams integrate AI across the Source-to-Pay process, bringing automation, insight, and agility to every step. This is where AI can make a huge difference.

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The 2025 State of Source-to-Pay Digitization: Key Insights for CPOs

ivalua

The rise of AI technology combined with Source-to-Pay (S2P) digitization are becoming key allies for leading procurement teams in their quest for ever smarter workflows, improved insights, and data-based decision-making. This makes it difficult for procurement teams to assess their impact or plan responses.

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AI Risks Include Data Poisoning and Model Corruption

Logistics Viewpoints

These are big data platforms that monitor news sources and assorted databases from governments, financial institutions, ESG NGOs, and other sources to detect when an adverse event has occurred or may be about to occur. That information comes from inside the platform applications and increasingly from outside sources, like Interos.

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Supply Chain AI: 25 Current Use Cases (and a Handful of Future Ones)

Logistics Viewpoints

In a broad sense, optimization refers to creating plans that help companies achieve service levels and other goals at the lowest cost. Shippers’ end-to-end supply chain predictions are based on applying AI to OpenWeb searches, import/export records, data from sourcing platforms like ThomasNet, federal logistics records, and other data.

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Everything You Need To Know About Product Sourcing For Your Business

ShipBob

Table of Contents ** Minutes What is product sourcing? Where can I source products from? This makes it essential that buyers understand where they are sourcing their products from and how that ultimately affects their brand. What is product sourcing? Where can I source products from?

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Boston University’s Sourcing Transformation

Logistics Viewpoints

Facilities sourcing and construction contracting were centralized in the procurement department. Tail spend refers to low-volume transactions around a particular product. The post Boston University’s Sourcing Transformation appeared first on Logistics Viewpoints. There was also a realignment. It’s just brilliant.”

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The Importance of Digital Sourcing Applications for Complex, Strategic Sourcing

QAD

One of the most transformative tools in this regard includes, digital sourcing or also referred to as, e-sourcing applications. These digital platforms have revolutionized how businesses approach sourcing by enhancing efficiency, reducing costs and fostering better supplier relationships.