THEME: THE IMPACT OF AI ON PROCUREMENT STRATEGY
DATE : 20TH – 24TH APRIL, 2026
VENUE : DURBAN – SOUTH AFRICA
TUITION : US $ 1750 Per participant.
We are pleased to extend a warm invitation to you to attend our upcoming conference.
SYMPOSIUM CONTENT
AI is revolutionizing procurement strategy in several ways:
– Enhanced Decision-Making: AI provides data-driven insights, enabling procurement teams to
make informed decisions about sourcing, supplier selection, and contract management.
– Increased Efficiency: AI automates routine tasks, streamlines workflows, and reduces manual
errors, freeing up procurement professionals to focus on strategic activities.
– Predictive Analytics: AI forecasts demand, identifies potential disruptions, and optimizes
inventory management, enabling proactive decision-making.
– Risk Management: AI detects potential risks, such as supplier insolvency or geopolitical issues,
allowing procurement teams to mitigate them.
– Improved Supplier Collaboration: AI provides insights into supplier performance, enabling
better relationships and negotiation strategies.
– Sustainability: AI helps monitor and improve sustainability practices throughout the supply
chain.
– AI can transform public procurement by enhancing transparency, accountability, and
efficiency.