In a world where disruptive technologies and big data are swiftly redefining how we do business, procurement professionals have a unique opportunity to solidify the procurement function’s role as a source of value, efficiency, and innovation for their organizations. Digital transformation brings with it a host of new tools, including artificial intelligence (AI), deep machine learning, and predictive analytics we refer to collectively as cognitive technologies. These “thinking” techs power a new paradigm known (unsurprisingly) as cognitive procurement.
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