“ Procurement in five years won ’ t look like the procurement of today – that much is guaranteed ” to leverage AI to provide value over the next few years and beyond . “ I believe that in the future , data which is imperfect and hard to get to in procurement today will become perfect and abundant ,” he notes . “ What used to take six months and 100 different people to solve can now be done overnight through AI . Procurement in five years won ’ t look like the procurement of today – that much is guaranteed . Most of the transactional work and lots of the heavy lifting will be done by new technology such as AI and blockchain . I expect it to become extremely strategic in the continuum of the world of business because it ’ s no longer one company supplying to another or one firm buying from the other . The world is transforming .”