Artificial intelligence (AI) is transforming R&D procurement from a transactional function into a strategic, data-driven discipline across all industries. As the backbone of clinical business operations, vendor management processes are equally impacted, including onboarding, qualification, risk tracking, and governance. This session will explore how AI-enabled solutions are set to redefine traditional Excel-based workflows, promising efficiency, scalability, and strategic decision-making.
This session will explore:
- How AI transforms R&D procurement from transactional to strategic.
- New trends: Excel-based workflows are being replaced by intelligent automation.
- Vendor onboarding, risk, and governance become data-driven and scalable.
- Procurement shifts from cost control to value creation.