AI in Procurement: Progress, Pitfalls and Possibilities

A MUST-READ FOR PROCUREMENT LEADERS

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AI in Procurement: Progress, Pitfalls and Possibilities

AI has earned its place in procurement. The question now is how to scale it with confidence.

A new study of 100 North American procurement leaders reveals where AI is delivering value today. It also examines the barriers holding adoption back. While 75% have partially integrated AI into procurement, 42% cite data privacy, security and compliance concerns as key barriers.

This paper explores how procurement executives are approaching agentic AI adoption, governance, and skills development.

Why Read This Paper

Identify Where AI Delivers Value

Understand where AI is driving efficiency, visibility, and risk detection

Overcome Barriers to AI Adoption

Address data, integration, security, and skills challenges that can limit scale

Build the Case for Agentic AI

Explore how governance, auditability, and human oversight can support adoption

Discover the Future of AI in Procurement — Download the Report Now

About Us

GEP^® delivers AI-native procurement and supply chain solutions that help global enterprises become more agile and resilient, operate more efficiently and effectively, gain competitive advantage, boost profitability and increase shareholder value.

Fresh thinking, innovative products, unrivaled domain expertise, smart, passionate people — this is how GEP SOFTWARE™, GEP STRATEGY™ and GEP MANAGED SERVICES™ together deliver procurement and supply chain solutions of unprecedented scale, power and effectiveness. Our customers are the world’s best companies, including more than 1,000 Fortune 500 and Global 2000 industry leaders who rely on GEP to meet ambitious strategic, financial and operational goals.

A leader in multiple Gartner Magic Quadrants, GEP’s AI-native procurement and supply chain platform consistently wins awards and recognition from industry analysts, research firms and media outlets, including Gartner, Forrester, IDC, ISG, and Spend Matters.

GEP is also regularly ranked a top procurement and supply chain consulting and strategy firm, and a leading managed services provider by ALM, Everest Group, NelsonHall, IDC, ISG and HFS, among others.

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