AIโs Evolution in Indirect Procurement: Zycus at ProcureCon Indirect West 2025
The conversation around AI in procurement has reached a critical turning point โ will it truly revolutionize the function, or is it just another tech buzzword? At ProcureCon Indirect West 2025, hosted in Las Vegas from March 3-5, Zycus took the stage to separate the AI myth from reality.
As procurement leaders struggle with tail spend visibility, supplier negotiations, and spend optimization, the role of AI must go beyond automation and drive true strategic value. Thatโs why Zycus Chief Revenue Officer, Denise Miller, participated in a thought-provoking keynote panel:
Is AI the New Coke or the New iPhone? The Wins, The Losses, and The Practical Applications of AI in Indirect Procurement Over the Last Year.
Moderated by Rose Punkunus, CEO of Sudozi, the panel also featured other industry leaders, each offering their perspective on AIโs real-world impact on procurement operations.
Lessons from the AI Trenches: Whatโs Working & Whatโs Not
- Where AI Has Delivered Value: AI-powered procurement analytics, supplier risk assessment, and contract lifecycle management have shown tangible improvements in efficiency and cost reduction.
- Risks & Challenges of AI in Procurement: Procurement leaders must navigate challenges such as data privacy, ethical AI use, and AI bias while implementing AI-driven solutions.
- Practical AI Applications for Indirect Procurement: AI has significantly impacted tail spend management, supplier negotiations, and spend visibility, allowing organizations to optimize procurement beyond tactical execution.
Read more: Guide to Indirect Procurement Best Practices and Strategies - AIโs Trajectory: Evolution vs. Hype: The discussion emphasized that AI in procurement is not just a trend but a transformative force, akin to the smartphone revolution, where businesses must adapt or risk being left behind.
Listen to Podcast: Agentic AI in Procurement: Unlocking Millions of Savings from Missing Middle
The Road Ahead: AI-Powered Indirect Procurement for Deep Value
The overwhelming interest in Agentic AI-powered procurement transformation at this event underscores the fact that procurement leaders are actively seeking intelligent automation solutions that drive efficiency, compliance, and strategic decision-making.
Zycus remains at the forefront of this transformation, with Merlin Agentic AI setting new standards in:
- AI-Driven Supplier Management to proactively mitigate risks and optimize vendor relationships.
- Merlin Intake for a structured, policy-driven procurement workflow that boosts efficiency.
- AI-powered cost optimization to ensure procurement delivers deep value, not just surface-level savings.
Watch Webinar: Is your procurement strategy ready for 2025?
AI Agents & Indirect Procurement: A Hands-On Masterclass with Tejit Mithal
At ProcureCon Indirect West 2025, Zycus made it clear: Agentic AI is not just a fad โ itโs a force multiplier for procurement leaders looking to unlock deep, sustainable value.
Ready to see how Agentic AI and AI agents can transform your indirect procurement strategy? Book a demo today and experience the power of AI-driven efficiency firsthand!
Related Reads:
- Streamlining Sourcing: The Power of Autonomous Negotiation
- 30-Day Guide to Implementing a Cost-Saving Indirect Procurement Strategy
- From Data to Decisions: How to Leverage AI for Smarter Sourcing
- 5 Key Benefits of Automating Tail Spend Management
- Why Mid-size Organizations Should Invest in Procurement Automation Now
- The Future of Sourcing: Autonomous Solutions for Procurement
- Beyond GenAI: The Dawn of Agentic AI
- Autonomous AI Negotiation Agents: Unlocking Millions from Missing Middle
- Artificial Intelligence use cases- Identifying and realizing the real value
- Solution: Generative AI Platform for Source to Pay Transformation
- Solution: GenAI-powered Procure to Pay Software