Secure your tickets for Procurement LIVE to join this panel on The Future of Agentic AI | September 8-9, 2026
Agentic AI has moved from procurement buzzword to boardroom mandate in 2026. Gartner forecasts agentic AI spend in supply chain management software will grow from under US$2bn in 2025 to US$53bn by 2030, with Deloitte citing that 92% of CPOs are now assessing or piloting the technology.
Bain & Company, a global management consulting firm that advises organisations on strategy, operations and digital transformation, has also highlighted the potential of agentic AI in procurement through an example involving an unnamed global bank. The bank developed an agentic AI solution to support its procurement team, using a conversational interface to guide employees through purchasing requests, capture and improve data and reduce manual effort across the buying process.
Bain estimates that, once the solution is deployed at full scale, it could generate savings of up to US$180m.
Despite these successes, adoption remains uneven; most procurement functions are still moving from pilot to production.
This gap between ambition and execution is the subject of The Future of Agentic AI panel at Procurement LIVE: The London Summit (8–9 September 2026, QEII Centre, Westminster) featuring Chief Procurement Officers from Kantar and Revolut, alongside senior transformation leaders from Unilever and London Luton Airport.
Leave a Reply