Report
The Future of Procurement with AI
BCG’s 2025 report on AI in procurement highlights how AI and GenAI are reshaping procurement for cost savings, speed, and resilience. With up to 15% savings potential and 70% of buyers' time freed for strategic work, AI enables automated tendering, real-time analytics, risk detection, and supplier collaboration. A four-pillar roadmap—digital maturity, tailored tech, team upskilling, and supplier value—guides successful adoption. Early adopters gain negotiation advantages, reduce supply chain risks, and accelerate efficiency. The report urges firms to start with quick wins, integrate AI into workflows, and build people-centered strategies for scale.