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Predictive Procurement: How AI Anticipates Spend, Risk, and Supplier Behavior
TL;DR Procurement Challenge: Traditional procurement reacts to issues after they happen, leading to higher costs and disruptions. AI’s Role: Predictive procurement analytics use machine learning to forecast spend, detect supplier risks, and anticipate price changes. Zycus Advantage: Zycus’s AI-powered Source-to-Pay platform helps procurement teams make proactive, data-driven decisions. External Insight: According to McKinsey, predictive analytics […]
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