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The Independent UK
The Independent UK
National

How data is helping procurement gain visibility and control over spend

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Amazon Business is a Business Reporter client.

In recent years, data has taken on a central role in how procurement operates. With technology now able to provide insight into how much organisations spend and with who, and how much spend isn’t under management, it’s possible for data to help shape key decisions. Big data and artificial intelligence, meanwhile, allow organisations to draw on wider sources of information and trends, helping companies better predict likely spend and demand patterns, as well as manage risk more effectively.

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