The path to AI in procurement

Philip Morgan
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Philip Morgan: Electronic Arts, USA

Journal of AI, Robotics & Workplace Automation, 2021, vol. 1, issue 1, 6-12

Abstract: What is artificial intelligence (AI) in procurement and how do we get there? This paper provides definitions for the various stages of the development of AI in procurement, and a practical guide on how to achieve the meaningful application of AI in procurement practices, from identifying the opportunities for AI that are right for an organisation, to preparing policies and practices before implementing an AI solution, to deploying intermediate steps in automation and reporting, and ultimately on how to reach the goal of meaningfully functional AI in the support of live procurement operations.

Keywords: procurement; sourcing; continuum; intelligent automation; smart search; application; chatbot (search for similar items in EconPapers)
JEL-codes: G2 M15 (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:aza:airwa0:y:2021:v:1:i:1:p:6-12

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