The increasing investment in AI for supplier management can lead to more meaningful supplier engagement and improve workflows. Maximizing impact requires embedding AI into decision-making systems and developing a system to measure outcomes.

Investments in artificial intelligence (AI) have grown exponentially across business functions, including in supply chain management and procurement. As businesses continue to increase their investments in AI supply chain management, leaders, investors, and other stakeholders want evidence that the money spent is having a meaningful impact. They want clear evidence that AI deployments are not experimental tools and are fulfilling the ....