LONDON, Nov 25 (Bernama-BUSINESS WIRE) — While AI adoption is accelerating across industries, the procurement function is lagging behind due to underinvestment, according to new data in SAP Taulia’s AI in Procurement Report¹.
The new data finds that globally, only 35% of leaders are prioritising procurement and supply chain management as an area for AI investment and growth, leaving procurement trailing behind finance (43%), data analytics (39%) and cybersecurity (38%).