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January 2, 2025

Beyond Numbers: The Human Story of GenAI-Integrated Procurement Solutions and ROI

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AI skill gap in procurement

Building AI-Ready Procurement Teams: Bridging Skills Gaps and Driving AI Adoption

Did you know that according to recent McKinsey research, 63% of procurement organizations are prioritizing digital transformation, yet only 28% report successful AI implementation. This statistic highlights a critical issue: the AI skill gap in procurement. Organizations face a dual challengeโ€”ensuring their teams understand AI technology while addressing the human aspects of this transformation. This

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the hidden cost of poor intake management

The Hidden Cost of Poor Intake Management: The Silent Drain on Your Procurement Value

Intake managementโ€”the process of capturing and initiating procurement requestsโ€”may not grab headlines, but itโ€™s the unsung hero of a well-oiled procurement machine. Without it, inefficiencies, frustrations, and compliance risks creep in, silently draining procurementโ€™s value. Letโ€™s dive into why the intake is foundational, the ripple effects of neglecting it, and how solutions like Merlin Intake

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