AI spend-management platform Coupa acquired supplier-discovery firm Scoutbee, showcasing AI’s impact on supply chain planning and freight management. The undisclosed deal expands Coupa’s 10 million user network and strengthens its data-driven sourcing capabilities. Scoutbee’s technology aids in supplier identification and onboarding. The generative-AI-in-logistics market is projected to reach $23.1 billion by 2034. Logistics providers are leveraging AI to optimize operations and reduce costs.

Read more at Yahoo Finance: AI surge fuels logistics transformation as Coupa buys Scoutbee