Generative AI in Procurement Market: Enhancing Efficiency and Innovation in Supply Chain Management

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Generative AI in Procurement Market: Enhancing Efficiency and Innovation in Supply Chain Management

Generative AI is transforming procurement by automating tasks, enhancing decision-making processes, and improving supplier negotiations. This technology streamlines operations by generating documents, managing inventories, and conducting supplier risk assessments.

The integration of Generative AI in procurement signifies a shift towards efficiency and innovation in supply chain management. Companies are adopting this technology to optimize operations and reshape traditional procurement practices.

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