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January 1, 2026

How to Leverage AI in Procurement: Smart CPOs are saving millions (2026 Edition)

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Research

How to Leverage AI in Procurement: Smart CPOs are saving millions (2026 Edition)

AI procurement is now a competitive requirement. Deloitte’s most recent Global CPO Survey shows that top-performing organizations achieve 3.2x higher returns on GenAI investments compared to followers. This paper explores how enterprises are transforming procurement into a proactive, data-driven powerhouse with Artificial Intelligence (AI). Download now to discover how AI can enhance supplier relationships, optimize costs, and drive strategic growth.

What You Will Learn

AI Transforms Procurement from Manual to Strategic
Procurement teams that adopt AI move from slow, reactive workflows to proactive, insight-driven decision-making. The report details how AI platforms consolidate supplier, contract, and spend data; automate complex processes; and provide real-time visibility that drives faster and more confident business decisions.
Why AI Agents are the Future
Findings from McKinsey’s <em id="">State of AI in 2025</em> show that organizations are shifting toward autonomous agents. In procurement, AI agents analyze spend, track supplier health, surface risks, and prompt the next best step. These capabilities reduce manual work, accelerate cycle times, and improve forecasting accuracy.
How AI Solves the Most Common Challenges
From fragmented data to manual email-based workflows, today’s procurement challenges stem from information silos and limited visibility. The report explains how AI helps organizations unlock the 80% of unused procurement data that typically does not informs decisions. You will see how AI improves: Spend analysis and opportunity identification, supplier performance management, contract visibility and compliance, and risk detection and mitigation.
How to Leverage AI in Procurement: Smart CPOs are saving millions (2026 Edition)