Optimizing Sourcing Operations Through Autonomous Sourcing Tools
Accelerator

10 May 2024
by Amy Fong, Bhanushee Malhotra, Amit Lad

This report is available only to Outsourcing Excellence members. For information on membership, please contact us

In today’s rapidly evolving business landscape, sourcing organizations are streamlining their processes and maximizing their efficiency. They recognize the potential of digital technologies to revolutionize traditional sourcing practices, so many have adopted e-sourcing tools as a foundational step toward digital transformation.

As technology advances, next-generation tools such as autonomous sourcing tools are gaining prominence. These tools fuse automation and AI, leveraging cutting-edge technology to drive productivity and accuracy across the sourcing workflow.

In this report, we explore the intricate landscape of autonomous sourcing tools, detailing their functionalities and capabilities. From initial supplier identification to contract negotiation and beyond, these tools are poised to revolutionize every stage of the sourcing process.

Scope

All industries and geographies

Contents

In this report, we:

  • Explore the autonomous sourcing technology landscape
  • Share insights on the current state of automation adoption in sourcing technologies
  • Discuss the best-in-class features and functions to seek in an autonomous sourcing tool
 

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