Webinar: The Rise of Autonomous Sourcing

Procurement Magazine, in association with Amazon Business, is hosting an exclusive webinar in which it will examine the shift towards autonomous sourcing.

This session examines how intelligent agents are now managing complex negotiations, RFPs and supplier selection with minimal human oversight. By understanding the mechanics of self-correcting sourcing cycles, organisations can unlock significant capacity.

The webinar will explore the technical architecture behind autonomous agents in modern digital procurement, automating the end-to-end RFP process for increased speed and objective accuracy and how AI-driven negotiation tools secure optimal terms without manual intervention.

Autonomous Sourcing and the Future of Procurement took place on May 14; to watch on demand, click here.

From manual tasks to self-governing ecosystems

The shift towards autonomous sourcing marks a definitive departure from traditional, manual procurement. By leveraging cutting-edge AI, organisations are moving away from episodic, event-based buying in favour of a streamlined, self-governing ecosystem.

Rather than relying on human-led execution for every step, autonomous platforms use machine learning, optimisation engines and workflow automation to manage the sourcing lifecycle with minimal oversight. These systems handle critical tasks from the initial identification of demand and supplier selection to the complex analysis of bids and final award recommendations. This integration ensures that the entire process is faster, smarter and significantly more consistent than manual methods.

The transition isn’t just about technological capability; it is a direct response to an increasingly volatile global market. Procurement teams currently face a "perfect storm" of market instability, tightening regulations and expanding ESG requirements. Traditional sourcing processes, which rely heavily on spreadsheets and static RFQs, are no longer capable of keeping pace with the scale and speed of modern commerce.

While traditional methods have hit a performance ceiling, the advancement of Generative AI has bridged the gap between theory and practice. Modern models can now interpret unstructured data and navigate the complex trade-offs that once required human intuition. These systems continuously learn from historical outcomes, ensuring that what began as a technological experiment has become a practical necessity for the modern enterprise.

Those who attend will gain early insights into the emerging technologies reshaping the global supply chain, learn to leverage data-driven agents for more robust and transparent supplier selection and discover methods to reduce lead times and procurement overheads through intelligent automation.

To watch on demand, click here.

Meet the speakers

Benn Godfrey, Chief Procurement Officer & Supply Chain Advisory

Commercial procurement and supply chain leader with a proven track record of driving innovation and value in complex, high-stakes environments with more than US$20bn in cumulative contract value delivered across global supply chains.

He is an expert in building high-performance teams and transforming procurement into a strategic enabler, optimising supply chains and unlocking operational efficiencies that drive growth and business performance.

Adept at navigating the intersection of supply chain performance, cost, risk and sustainability to create enduring competitive advantages through an open, hands-on and collaborative leadership style.

Abhi Ghosh, Digital Procurement Lead at Deloitte

With more than 11 years of experience driving commercial value and strategic transformation, Abhi is currently an Associate Director at Deloitte.

Her career has been defined by a rapid upward trajectory, moving from foundational roles in procurement and commercial analysis at The AA to leading complex engagements at a Big Four firm.

To watch on demand, click here.