Artificial Intelligence and Emerging Technologies – Knowledge management in procurement

How do Artificial Intelligence (AI) and other emerging technologies affect knowledge management in procurement?

Managing knowledge, or knowing what you know, and being able to apply it to core decision-making is key to business success now and in the future. In procurement, knowledge management already has the potential to drive productivity gains across the business. And emerging technologies like AI and RPA look set to play an outsized role.

What do we mean by knowledge management? What does this mean in practice for procurement? How will AI and emerging technologies, such as diagnostic analytics, predictive analytics and prescriptive analytics, impact knowledge management in procurement?

Download our article below to find the answers to the questions above.

Also check out part one of the series: Artificial Intelligence and Emerging Technologies – What You Should Know Before You Buy.