Agentic AI for Procurement
Description
The current literature on AI in procurement is growing, but only a small portion of this literature is focused on Agentic AI systems, which are characterized by autonomy, goal-directed behaviour, and decision-making capacity. This book explores how autonomous agents reshape sourcing, negotiation, compliance, and supplier interaction, while addressing risks, governance, and organizational change. Positioned at the intersection of AI innovation and procurement strategy, this book constitutes the first exclusive resource on the transformative potential of Agentic AI on procurement. It will be of great interest to researchers and students of operations management and technological innovation strategy, as well as policymakers and industry professionals seeking to understand and leverage agentic AI as a transformative force in procurement.
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Person
Bernardo Nicoletti is Professor of Operations Management at Temple University Rome, Italy. He also works internationally as a consultant and management coach. His research and projects focus on lean and digitized processes, especially in operations and financial institutions. He is a sought-after speaker at international events and the author of more than 30 business books published in Italy, the UK and China.
Content
Part I: Foundations of Agentic AI and Procurement.-Chapter 1: The Emergence of Agentic AI Redefining Autonomous Intelligence in Procurement.-Part II: Architecture and Capabilities of Agentic AI.-Chapter 2 AI-Driven Transformation from Traditional Practices to Intelligent Automation in Procurement.-Chapter 3: Theoretical Foundations and Ethical Dimensions of Agentic AI in Procurement.-Chapter 4 The Technical Architecture of Agentic AI in Procurement.-Part III: Applications of Agentic AI in Procurement.-Chapter 5 Agentic AI Supporting the Strategy-to-Plan Phase in Procurement.-Chapter 6 Agentic AI Supporting the Source-to-Contract Phase in Procurement.-Chapter 7: Agentic AI Supporting the Procure-to-Pay Phase in Procurement.-Chapter 8 Agentic AI for Sustainability and Compliance in Procurement.-Chapter 9 Agentic AI Supporting Accounts Payable in Procurement.-Chapter 10 Agentic AI Integration with Procurement Platforms.-Chapter 11 Agentic AI Supporting Procurement in Manufacturing Organizations.-Chapter 12 Agentic AI Supporting Procurement in Public Organizations.-Chapter 13 Agentic AI Supporting Procurement in Service Organizations.-Part IV: Case studies and insights into implementation.-Chapter 11: Case Study I: Agentic AI Supporting Procurement in Manufacturing Organizations.- Chapter 12. Case Study 2: Agentic AI Supporting Procurement in Public Organizations.- Chapter 13. Case Study 3: Agentic AI Supporting Procurement in Service Organizations.-Part V: Organization and Implementation.-Chapter 14 Agentic AI Implementation for the Procurement Roadmap and Lessons Learned.-Chapter 15 Challenges in Supporting Agentic AI in Procurement.-Chapter 16 Organization and Human Resources for Agentic AI in Procurement.-Chapter 17 Risk Management with Agentic AI Solutions in Procurement.-Chapter 18 Cybersecurity Management with Agentic AI in Procurement.-Part VI Future.-Chapter 19 Emerging Trends and Innovations in Agentic AI in Procurement