Autonomous Sourcing is an official business term used to describe the process of leveraging technology to automate the sourcing process. This technology-driven approach to sourcing enables companies to source goods and services more efficiently and cost-effectively. Autonomous Sourcing leverages automation and artificial intelligence to streamline the sourcing process, enabling companies to quickly identify the best suppliers and negotiate the best deals. This approach to sourcing can help companies save time and money, while ensuring that they are getting the best value for their money. Autonomous Sourcing also helps companies to reduce risk by providing them with more accurate and timely data about suppliers and their offerings. This data can help companies make better decisions about which suppliers to use and how to negotiate the best deals. Autonomous Sourcing is a powerful tool that can help companies maximize their sourcing efficiency and minimize their costs.