Agentic AI and AI agents aren’t competing—they’re complementary. Procurement leaders who apply both can increase efficiency and enable smarter decision-making.

Procurement is the art of obtaining goods and services for every stage of a company’s operations. Often used synonymously with purchasing, procurement involves a broad spectrum of activities ...

Procurement is an ideal use case for agentic AI because it’s inherently complex, data-driven and prone to human error, writes Globality’s Keith McFarlane.

Material Procurement Definition While material procurement includes researching acceptable suppliers, requesting quotes, preparing and managing bid lists and awarding contracts, it is more involved.

Ensure compliance of procurement and contracting responsibilities assigned by statute and regulation (U.S. Code, FAR, DFARS, AFARS, and Army Regulations).