The role of chief procurement officers has gone beyond acquiring goods and services, assuming a deeper set of responsibilities related to innovation and risk while staying focused on cost optimization goals.

They are the flag bearers of sustainable and ethical procurement practices and continue to diversify vital procurement networks to ensure supply chain resiliency.

Digital technologies like Gen AI, AI, analytics, and automation are key to the future of procurement, enabling category innovation, improved spend visibility, enhanced supplier performance, faster and seamless delivery.

How can CPOs transform at unprecedented speed while using the power of technology and adopting sustainable practices while consistently reducing scope 3 emissions amidst an ever evolving technology landscape?

TCS Cognix for Procurement, an AI powered human machine collaboration suite, leverages advanced technology orchestration for exponential results driven by TCS rich contextual knowledge and domain experience

Cognix for Procurement has an array of ready to use digital solutions called Value Builders such as GenAI based contract solutions to minimise leakage due to contract compliance.

Procurement control tower for end to end real time visibility across the procurement value chain.

Spend analytics to identify savings opportunities.

Sustainable Spend app to monitor and improve supplier sustainability performance.

Discover new frontiers of growth and innovation with TCS Cognix for procurement.