The COVID-19 pandemic has severely disrupted global supply chains, with stringent controls at various levels complicating the procurement of raw materials. Key processes like vendor shortlisting, contract management, supplier onboarding, and tracking have been affected. AI offers solutions to address these challenges by assessing vendor risk, identifying suitable suppliers, and optimizing supply chain routes considering restrictions. AI-driven tools like chatbots can streamline supplier onboarding, while OCR and NLP can automate invoice and contract processing. Additionally, AI and blockchain integration enable secure, automated contract execution, enhancing efficiency and resilience in supply chain management.

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