AI-Powered Procurement: Transforming Efficiency, Agility, and Resilience in Supply Chains

Authors

Bhanu Raju Nida

Abstract

Effective procurement methods are crucial, for boosting business efficiency; however traditional approaches often fall short due to their reliance on processes and disconnected systems that require intervention for decision making purposes. This research delves into the impact of Artificial Intelligence (AI) in revolutionizing procurement practices. Modern AI driven tools such as machine learning algorithms and natural language processing (NLP) along, with predictive analytics capabilities are evaluated for their ability to streamline tasks promote decision making and offer instantaneous valuable insights. This study investigates the flaws in purchasing systems and delves into AI driven models that highlight the measurable benefits of integrating AI into procurement procedures. The key discoveries reveal improvements in effectiveness, cost savings and risk control supported by real world examples and performance metrics. This research provides perspectives, for industry experts and scholars looking to enhance procurement operations through AI approaches.

Keywords

Artificial Intelligence (AI), Machine Learning (ML), Procurement, Digital Transformation, Big Data Analytics, Smart Technologies

AI-Powered Procurement: Transforming Efficiency, Agility, and Resilience in Supply Chains. Bhanu Raju Nida. 2025. IJIRCT, Volume 11, Issue 1. Pages 1-8. https://www.ijirct.org/viewPaper.php?paperId=2502084