The benefits of organizing the purchase of goods and services into categories in order to improve efficiency and effectiveness, whether it’s related to component parts or finished products, can be game-changing. Artificial intelligence presents a powerful set of tools to get on top of it the most common problems.

As measuring performance shifts from profit alone to “profit, planet and people,” companies are assembling teams, assessing resources and determining what help will be needed to achieve sustainability and compliance goals. Read on for an analysis of what’s needed, and what’s available, to meet these goals.

In an age of instant gratification, meeting immediate market demand is key to retaining competitive advantage.