Agentic AI Supporting Procurement in Manufacturing Organizations
Bernardo Nicoletti
Additional contact information
Bernardo Nicoletti: Temple University, Fox School of Business
Chapter Chapter 11 in Agentic AI for Procurement, 2026, pp 197-217 from Springer
Abstract:
Abstract This case study shows how a manufacturing organization can use agentic AI (AAI) to automate procurement choices and improve partner networks. It indicates that problems with integration can lead to lower prices, more flexibility, and more new ideas. This chapter thoroughly explains how ACME Industries, a fake name for a manufacturing organization operating internationally, used AAI in its procurement processes. The research shows that AAI was able to automate complex procurement decisions and improve partner networks over the course of three years. The main conclusions are that expenses went down by 24.7%, decision-making accuracy went up, and response times in the procurement network went down by 73%. The example shows significant problems with implementation, like getting partners to work together, getting all stakeholders on the same page, and ensuring that existing systems work together. This study highlights essential elements for effective adoption in intricate manufacturing settings. It provides empirical proof of the revolutionary potential of artificial intelligence (AI) through an extensive investigation of both quantitative and qualitative outcomes.
Keywords: Procurement; Agentic AI; Manufacturing (search for similar items in EconPapers)
Date: 2026
References: Add references at CitEc
Citations:
There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-032-23024-9_11
Ordering information: This item can be ordered from
http://www.springer.com/9783032230249
DOI: 10.1007/978-3-032-23024-9_11
Access Statistics for this chapter
More chapters in Springer Books from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().