Written by Globality | Aug 19, 2021 10:36:40 AM
The time is right for procurement to drive greater strategic value
and growth by embracing these five guiding principles:
- Turn spend into an asset to drive growth, create enterprise value and, crucially, lead the company’s ESG agenda
- Empower business partners with autonomous, intuitive, consumer-like user experiences
- Evolve procurement’s operating model to a best-of-breed ecosystem that allows multiple digital solutions to work together
- Use new technologies to free procurement talent from repetitive manual tasks and redeploy across value-creating roles
- Redefine how value is measured to align with the new vision for the future of sourcing goods and services