London School of Economics and Political Science Partners with Globality to Pioneer Use of AI-Driven Sourcing in Higher Education Sector [Yahoo! Finance]
UCB SA UNSP/ADR (UCBJY)
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Source: Yahoo! Finance
in social sciences, has partnered with Globality, the market leader in AI-driven procurement and sourcing to transform how it buys goods and services. Named University of the Year by the Times and Sunday Times Good University Guide 2025, the LSE Procurement Team will use Globality's platform to automate its procurement model, using the latest in Agentic AI and Gen AI to make the procurement process quicker and more efficient, from restructuring data sources into clear and concise specifications, finding the right vendors quickly and easily, and providing insights on bids for faster evaluation, mitigating the risk of overbuying and increasing supplier competition to help find efficiencies and cost savings. "We have a high-performing procurement team so giving them the best tools, such as Globality's technology, is a strategic decision to further strengthen our procurement capacity, ensuring it continues to secure the best value for LSE," said Mike Ferguson, Chief Financial Officer,
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