In a survey carried out in March 2024, C-level executives were asked how artificial intelligence was expected to improve procurement over the following 12 to 18 months. Nearly half of respondents mentioned automation of procurement processes. Another
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percent answered that AI would enhance optimization and guisance in procurement.
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Areas of AI-enabled procurement improvements chiefs envisioned over the next 12-18 months as of March 2024
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The Economist. (May 13, 2024). Areas of AI-enabled procurement improvements chiefs envisioned over the next 12-18 months as of March 2024 [Graph]. In Statista. Retrieved August 25, 2025, from https://www.statista.com/statistics/1478720/ai-enabled-procurement-improvements/
The Economist. "Areas of AI-enabled procurement improvements chiefs envisioned over the next 12-18 months as of March 2024." Chart. May 13, 2024. Statista. Accessed August 25, 2025. https://www.statista.com/statistics/1478720/ai-enabled-procurement-improvements/
The Economist. (2024). Areas of AI-enabled procurement improvements chiefs envisioned over the next 12-18 months as of March 2024. Statista. Statista Inc.. Accessed: August 25, 2025. https://www.statista.com/statistics/1478720/ai-enabled-procurement-improvements/
The Economist. "Areas of Ai-enabled Procurement Improvements Chiefs Envisioned over The next 12-18 Months as of March 2024." Statista, Statista Inc., 13 May 2024, https://www.statista.com/statistics/1478720/ai-enabled-procurement-improvements/
The Economist, Areas of AI-enabled procurement improvements chiefs envisioned over the next 12-18 months as of March 2024 Statista, https://www.statista.com/statistics/1478720/ai-enabled-procurement-improvements/ (last visited August 25, 2025)
Areas of AI-enabled procurement improvements chiefs envisioned over the next 12-18 months as of March 2024 [Graph], The Economist, May 13, 2024. [Online]. Available: https://www.statista.com/statistics/1478720/ai-enabled-procurement-improvements/
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