Automate complex tender processes, Support negotiations, Support supplier queries /BCG, 2023/

Publication of Boston Consulting Group, 2023 mentions Seven forces reshaping procurement: Geopolitical Tensions and Conflicts Are Elevating Risks Natural Disasters Are Occurring More Often Inflation and a Looming Recession Are Causing Uncertainty Adoption of Climate Sustainability Goals Is Accelerating Companies Are Strengthening Their Commitment to Social Equity Next-Generation Technology Is Promoting Efficiency Procurement Needs Specialized […]

New sourcing strategies, Identify new suppliers, Negotiate better prices /Procurement Magazine, 2022/

New sourcing strategies, Identify new suppliers, Negotiate better prices /Procurement Magazine, 2022/ As per Procurement Magazine, 2022: Procurement transformation can involve a range of activities and initiatives that are designed to improve the way an organisation procures goods and services. Some examples of these activities might include: 01 Implementing electronic procurement systems By replacing manual, […]

Cost reduction, Supplier sourcing and Digital transformation /PWC, 2022/

Cost reduction, Supplier sourcing and Digital transformation /PWC, 2022/ As per PwC Global Digital Procurement Survey 2022 Top 3 strategic priorities of Procurement are Cost reduction, Supplier sourcing and Digital transformation. The necessity of digital has become mandatory to enable procurement departments to navigate a context of rising uncertainty and digitisationof all business exchanges. It […]