The purchasing department has become a completely different department. Procurement is no longer defined by handwritten purchase orders. It has moved far beyond reactive, after-the-fact activities. Today, it functions as a strategic weapon that reduces supply-chain risk. It identifies the right suppliers, enforces compliance, and anticipates spend to generate automatic savings. This is the change in direction toward an autonomous, self-optimizing operation, which is central to the modern procurement transformation. It focuses on smart systems to perform complicated tasks at a fast pace with little human input. Solutions such as the Oracle Fusion Cloud bring about this change. Combining AI,
