Do AI Agents Mark the Beginning of the End for Procurement Applications and Procurement Practitioners?

This IDC Market Perspective discusses AI agents that are revolutionizing procurement applications by automating processes, enhancing decision-making, and improving efficiency. While generative AI focuses on content creation and insights, agentic AI offers autonomous decision-making and operational efficiency. This shift presents both opportunities and threats, potentially reducing the need for human oversight in procurement tasks. However, procurement professionals who effectively leverage these AI platforms will remain valuable, driving higher operational efficiency, cost savings, and resilience in procurement processes."Are AI agents set to revolutionize procurement, making traditional roles obsolete? Discover how agentic AI platforms are transforming procurement applications, enhancing efficiency, and driving cost savings." - Patrick Reymann, research director, Procurement and Enterprise Applications, IDC