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

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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 Skills but Faces a Talent Shortage

Next-Generation Technology is well described by Exibit “AI across the procurement value chain” including different Source to Contract solutions.

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