This would be a good challenge – how to account for the behavioral elements of purchasing, and the non-standard stuff that inevitably happens, especially with long lead time products? Close partnership with supplier partners, demonstrating to them that the transition to such systems should yield more time for attending to the vendor-client relationship itself, would be key. -MI
“A 2017 Deloitte survey of 480 procurement leaders from 36 countries found that procurement leaders believe the impact of robotics and automation will increase from 50% to 88% by 2020, and up to 93% by 2025.
Does this mean that procurement jobs will be replaced by digital labor? Not exactly. As Len Prokopets, Managing Director of KPMG’s procurement practice notes, most AI procurement solutions are “not reducing headcount, but driving improved results.” In other words, current AI market trends are automating specific job functions, rather than eliminating full-time employees.”
