Five reasons why procurement organisations don鈥檛 transform
Rreasons why procurement organisations don鈥檛 transform
It鈥檚 critical to staying ahead. Especially for the procurement function, steeped in old habits and long-standing processes that could be slowing valuable progress.
It鈥檚 critical to staying ahead. Especially for the procurement function, steeped in old habits and long-standing processes that could be slowing valuable progress. Yet with so many disrupting factors facing the function, it鈥檚 difficult to know where to start in transforming to a more modern way of working that brings greater value to the business.
It goes beyond technology. Many organisations look to solutions that offer artificial intelligence or robotic process automation. But the challenge facing procurement is bigger than simply rolling out the latest digital trend. It鈥檚 time for procurement to elevate itself and start having a much wider, more strategic conversation. Helping the function to gain recognition鈥攁t board level鈥攂y delivering greater value, risk reduction and market insight that goes beyond simple cost savings.
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