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In 2019, finding new sources of value is a primary focus for many procurement organizations. This will be largely driven by innovative approaches, as most of the easy, quick wins have already been identified. This section of the CPO Rising 2019 report takes a deep dive into the current state of procurement. It analyzes current capabilities (in areas such as people, processes, and technology) and looks at ways for procurement to improve their performance in...
Due to its complex and fragmented nature, indirect procurement can be difficult to manage. When you factor in the automotive industry’s specific set of demands, it becomes even more convoluted. This can be frustrating, but you don’t have to accept the status quo! Read this whitepaper to find out what the biggest indirect procurement problems in automotive are and how they can be solved with advanced tech. What you’ll learn: Reasons why indirect procurement in...
In Gartner’s recent annual report, they discuss their predictions as to what will have a great impact on procurement and sourcing technology in the coming year and how the market will change over time. One thing that is definitely clear – the procurement and sourcing market is evolving quickly as technology continues to advance. The summary of the report suggests that CPOs, IT leaders, and procurement organizations need to “plan for the impact of virtual...