Agentic AI for Procurement

"The emerging topic of agentic AI in procurement is rapidly evolving and likely has more uses than scholars and/or practitioners to explain it. Nicoletti provides a solid foundation of agentic AI procurement systems characterized by autonomy, goal-directed behaviour, and decision-making capacity. Content includes a comprehensive evaluation of the architecture, capabilities, and applications of agentic AI systems, their integration within existing procurement platforms, case studies, an implementation roadmap, and emerging directions, trends, and research opportunities. I highly recommend this book to researchers, policymakers, and industry professionals who need to understand and leverage agentic AI as a transformative force in procurement."-Chris Beehner, Professor at the Center for Business, Legal Studies, Entrepreneurship, Hospitality and Tourism Management, Seminole State College, USA

The current literature on AI in procurement is growing, but only a small portion of this literature is focused on Agentic AI systems, which are characterized by autonomy, goal-directed behaviour, and decision-making capacity. This book explores how autonomous agents reshape sourcing, negotiation, compliance, and supplier interaction, while addressing risks, governance, and organizational change. Positioned at the intersection of AI innovation and procurement strategy, this book constitutes the first exclusive resource on the transformative potential of Agentic AI on procurement. It will be of great interest to researchers and students of operations management and technological innovation strategy, as well as policymakers and industry professionals seeking to understand and leverage agentic AI as a transformative force in procurement.

Bernardo Nicoletti is Professor of Operations Management at Temple University Rome, Italy. He also works internationally as a consultant and management coach. His research and projects focus on lean and digitized processes, especially in operations and financial institutions. He is a sought-after speaker at international events and the author of more than 30 business books published in Italy, the UK and China.