BUSINESS

Safaricom AI-Powered Procurement Technology Wins CIPS Award

Award celebrates the innovative use of digital tools to enhance procurement operations

Share
safaricom digital tools for procurement
The innovation is part of a broader suite of digital solutions.
Share

Safaricom PLC has been named Winner of the Best Use of Digital Technology at the prestigious Chartered Institute of Procurement & Supply (CIPS) Africa Excellence in Procurement and Supply Awards 2025.

This awards are hosted by the CIPS, the awarding body for the profession that sets the Global Standard for Procurement and Supply.

It recognizes Safaricom’s Artificial Intelligence (AI)-powered Supply Market Analysis initiative. The solution provides real-time insights into market definitions, supplier landscapes, cost structures, competition, trends, and commodity risks, among other insights. It has drastically improved sourcing decisions, cutting market analysis time from nearly a month to just 10 minutes, while enhancing cost insights and accelerating tender cycles.

The innovation is part of a broader suite of digital solutions currently being scaled across the organisation to enhance procurement efficiency and agility.

“This award brings us closer to our vision of becoming Africa’s leading purpose-led technology company by 2030. By using AI to improve how we work, we are making our operations faster, smarter and more innovative,” said Dr. Peter Ndegwa, CEO, Safaricom PLC.

Safaricom was shortlisted alongside Rohloff Group recognised for its Energy Management initiative, as well as World Vision East African Region, celebrated for its Contract Life Cycle Management (CLM) project.

The CIPS Africa Excellence in Procurement and Supply Awards celebrate organisations that are leading change and driving value in the procurement and supply profession. Safaricom’s success demonstrates how cutting-edge digital tools can empower decision-making, improve efficiency, and set new benchmarks for the industry.

> Big Banks Fire Up NSE With Impressive Half-Year Earnings

Written by
BT Reporter

editor [at] businesstoday.co.ke

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

PAST ARTICLES AND INSIGHTS

Related Articles
Safaricom's product is designed to follow Shariah principles, which prohibit riba, or interest, and restrict investments to activities considered permissible under Islamic finance.
BUSINESS

Safaricom Launches Shariah-Compliant Ziidi Fund

Safaricom has expanded its investment services to customers seeking Islamic finance with...

Professor Shaukat Abdulrazak, the Principal Secretary, State Department for Science, Research and Innovation.
NEWSTECHNOLOGY

Researchers Set Commercialisation Priorities Ahead of Africa Technology and Leadership Conference

Academia, research institutions, TVETs, government agencies, standards bodies and industry call for...

Safaricom
TECHNOLOGY

Safaricom Plc Fixed-Internet Subscribers hit past 1 Million

Safaricom Plc, a dominant player in the telecoms and fintech space, has...

Safaricom
ANALYSISBUSINESS

Safaricom Sale of Government Stake to Vodacom Heads to Appeal Court

Safaricom sale of Government’s 15% stake to Vodacom now heads to the...