Procurement moves at AI speed
Description
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Procurement is stepping into the future with AI. In this AI in Action episode, expert Daniel Barnes chats with David Levy about how agentic AI is shaking up procurement, which has long been stuck in spreadsheets and slow processes.
Watch the episode to understand how AI is pulling insights from contracts, vendor documents and other datasets, empowering procurement teams to make smarter, faster decisions. Also, learn how some companies are stumbling by trying to AI everything at once. Companies need to understand that the smart move is to start small and then scale up.
0:00 - Intro
02:14 - Data management in procurement
08:45 - How agentic AI has changed procurement
13:10 - How AI and data are redefining vendor evaluation
17:17 - Getting CPOs started with the right technology
23:54 - The rise of agentic negotiators
26:37 - Risks of ignoring AI-driven procurement opportunities
The opinions expressed in this podcast are solely those of the participants and do not necessarily reflect the views of IBM or any other organization or entity.
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