BRAVO | APAC | AI in Procurement

AI in Procurement (Joanna Martinez): Explore the transformative impact of AI-powered procurement on the profession, offering a forward-looking perspective on how technology is reshaping sourcing processes. By 2027, it’s predicted that 40% of sourcing events will be executed by non-procurement staff, presenting a unique opportunity for procurement professionals to become creators and managers of AI-driven systems. Participants will gain a deep understanding of how AI can enhance efficiency and savings in procurement, the implications of this shift for their roles, and strategies for adapting to the increasing integration of AI in sourcing. The session will empower you to navigate and leverage these changes, positioning themselves at the forefront of AI-driven procurement.

Learning Outcomes:

• Identify the implications of AI-powered procurement and its potential for efficiency and savings.
• Explore the impact of AI on procurement processes, particularly the shift towards non-procurement staff executing sourcing events.
• Analyse the future role of procurement professionals in managing AI-based sourcing.
• Learn and implement strategies for adapting to and leveraging AI-driven transformations within the procurement sector.