Automate complex tender processes, Support negotiations, Support supplier queries /BCG, 2023/

Publication of Boston Consulting Group, 2023 mentions Seven forces reshaping procurement:

Geopolitical Tensions and Conflicts Are Elevating Risks
Natural Disasters Are Occurring More Often
Inflation and a Looming Recession Are Causing Uncertainty
Adoption of Climate Sustainability Goals Is Accelerating
Companies Are Strengthening Their Commitment to Social Equity
Next-Generation Technology Is Promoting Efficiency
Procurement Needs Specialized Skills but Faces a Talent Shortage

Next-Generation Technology is well described by Exibit “AI across the procurement value chain” including different Source to Contract solutions.

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