6 AI Procurement Capability Pillars You Need

In this episode of the Deep Dive podcast, Michael A. Singer and Ryn1106 explore the integration of artificial intelligence in procurement, emphasizing its role in augmenting human capabilities rather than replacing them. They outline six essential capability pillars: strategic vision and systems leadership, AI fluency and prompt craft, governance, assurance and transparency, data storytelling and influence, ecosystem innovation and platform thinking, and AI-augmented negotiation and behavioral dynamics. The discussion highlights how AI is reshaping procurement roles, making them more strategic and analytical, and leading to the emergence of new positions. They conclude with a challenge for listeners to focus on developing one of the six capability pillars over the next 90 days through a measurable goal, a small experiment, and a learning resource.