Every organization, from the smallest business to the largest corporation, has some form of procurement function. They need office supplies; they need break room supplies, cleaning supplies, and depending on the organization, they need to have certain products to deliver on their core mission. Over the last few years, that function has become an increasingly major area of focus. As a result, we are seeing the resources available to the procurement function growing every day: the available data, the available technology, the systems, the tools, and even the people and the talent available to work in procurement.

All those factors are improving procurement. Most recently, AI and machine learning and being able to bring that type of data and technology to bear on the procurement function are all going to have a huge impact.

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