Infosys BPM

Generative AI in procurement is not just an evolution; it's a revolution. The concept of generative AI has ignited a fervent discourse, sparking predictions of a revolutionary transformation in procurement processes and operations. Indeed, generative AI is poised to be a catalyst that will reshape the very essence of procurement functions as we know them. However, amidst the upheaval, it is imperative to gauge the market's pulse.

In this edition of Spendbytes, we embark on a comprehensive exploration of the multifaceted factors that stand as arbiters of generative AI's fate across diverse global regions. We delve deeply into the ramifications of the transformation that will wash over the landscape of procurement jobs, as generative AI fortifies its position within the very core of procurement operations.

Welcome to a thought-provoking journey as our experts ponder over the profound impact of generative AI on the intricate tapestry of procurement.

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As generative AI stands poised to rewrite the entire procurement playbook, it has become increasingly pivotal to grasp the nuanced dimensions of the market's response. Understanding the reception and acceptance, and the fervour this impending transformation ignites is paramount.

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The notion that “Generative AI is here to take your jobs” leads to nightmares for many. But is the technology a threat at all? What does it mean to procurement professionals and their careers?

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