Webinar: The Future of Procurement Teams in an AI-Driven World
The Future of Procurement Teams in an AI-Driven World | November 10, 4:00 PM — 5:00 PM BST
What began as AI pilot projects and cautious experimentation just a few years ago has, become a baseline expectation for how procurement functions operate.
Rapidly moving from copilot mode, to autonomous agents, where AI executes multi-step workflows inside procurement systems, the shift is being felt across every part of the function.
AI is being used to read contracts, assess supplier risk, route requests based on policy and resolve data discrepancies between systems, often with minimal human oversight, while integrating directly into the enterprise systems.
The result, tasks that once took days take hours, and procurement’s ability to spot patterns and anomalies across vast volumes of procurement data continues to grow.
While a large percentage of procurement leaders are now implementing or planning to implement AI agents within the next 12 months, data quality remains the single biggest barrier, followed by privacy and compliance concerns, technology and process complexity and internal skills gaps.
Most industry voices agree AI is not replacing procurement professionals, rather it is elevating them, with AI expected to increase efficiency by removing low-value, manual work, freeing procurement professionals to focus on higher-impact strategic activity.
Teams that build the right structures, skills and data foundations now will be best placed to capture that value, while those relying on legacy systems risk falling further behind.
This is the backdrop against which procurement leaders must now rethink how their teams are structured, skilled and supported.
Which is exactly the conversation at the centre of an upcoming webinar from Procurement Magazine and Amazon Business featuring Birchard Allen III, CPO at US House of Representatives and Allen Schramm, SVP of Strategic Sourcing at Regions Bank.
The Future of Procurement Teams in an AI-Driven World
In this webinar, hosted by Procurement Magazine in association with Amazon Business, industry experts will explore how AI in procurement is transforming decision-making, supplier management and operational efficiency.
Discover how procurement leaders can build agile, data-driven teams equipped to navigate automation, digital transformation and evolving stakeholder expectations in an increasingly AI-driven world.
