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Procurement Forecasting for Emerging Enterprises: Using Machine Learning to Anticipate Costs
TL;DR Traditional forecasting methods like spreadsheets fail scaling and emerging enterprises facing volatile supply chains. Inaccurate forecasting leads to overspending, cash flow stress, and missed growth opportunities. Procurement Forecasting for Emerging Enterprises powered by AI and ML delivers real-time, predictive insights. Machine learning improves accuracy with scenario modeling, anomaly detection, and dynamic updates. Predictive forecasting [โฆ]
