Redefining Procurement Performance in the Era of Agentic AI
McKinsey's research reframes procurement performance for the agentic-AI era: from cost-center metrics to strategic growth, sustainability and resilience contribution.
The shift moves procurement from transactional execution (POs, three-bid quotes, manual supplier qualification) to strategic orchestration (autonomous category management, real-time risk monitoring, AI-driven scenario planning).
FQ Source's view: the practical entry point for industrial companies is supplier discovery and RFX automation, where agentic AI delivers measurable ROI in weeks rather than years.
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