Revolutionizing Procurement: The Power of AI in Vendor Management Systems
Smart Data Collective
JULY 24, 2023
Vendor Management Systems (VMS) have become an indispensable tool for streamlining procurement and fostering strong vendor relationships. With the advent of the Fourth Industrial Revolution, where the lines between physical, digital, and biological spheres are increasingly blurred, a new transformational player has emerged on the VMS scene: Artificial Intelligence (AI).
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