Digital Procurement
Digital Supply Chain & Procurement
Supply Chain & Procurement ecosystems have undergone many paradigm changes in the 21st century. However, none of those changes compare with the incredible shift between pre-pandemic (COVID-19) & post-pandemic times.
Recent Analyst studies have shown that pre-pandemic, the CPO (Chief Procurement Officer) priorities included enabling intuitive user experiences, actionable insights & procurement solution ecosystems. However, post-pandemic the CPO priorities have shifted (supported by Cloud based Machine Learning, Artificial Intelligence) to near real-time Supplier Risk Management, ability to deploy Digital Tools to drive Automation, better Supplier relationships for real-time collaboration to deliver savings and freeing up time for long-term innovation that delivers productivity gains. CPOs are also keeping an eye on Sustainability, by coming up with better Supply Chain & Procurement models which support Sustainability.
CPOs are focused on being able to scale up leveraging Digital Platforms & Tools, making Supply Chain & Procurement data exchange seamless, monitoring performance and making higher quality decisions. CPOs have to still deal with real challenges around Cost Visibility, Contract Terms, Purchase Volumes/Thresholds, Future Predictions while also managing Supplier risk.
To realize these goals, CPOs are increasingly turning to large scale Digital Procurement Platforms, which enable Automated Shopping, Ordering & Delivery.
Digital Supply Chain & Procurement
Supply Chain & Procurement ecosystems have undergone many paradigm changes in the 21st century. However, none of those changes compare with the incredible shift between pre-pandemic (COVID-19) & post-pandemic times.
Recent Analyst studies have shown that pre-pandemic, the CPO (Chief Procurement Officer) priorities included enabling intuitive user experiences, actionable insights & procurement solution ecosystems. However, post-pandemic the CPO priorities have shifted (supported by Cloud based Machine Learning, Artificial Intelligence) to near real-time Supplier Risk Management, ability to deploy Digital Tools to drive Automation, better Supplier relationships for real-time collaboration to deliver savings and freeing up time for long-term innovation that delivers productivity gains. CPOs are also keeping an eye on Sustainability, by coming up with better Supply Chain & Procurement models which support Sustainability.
CPOs are focused on being able to scale up leveraging Digital Platforms & Tools, making Supply Chain & Procurement data exchange seamless, monitoring performance and making higher quality decisions. CPOs have to still deal with real challenges around Cost Visibility, Contract Terms, Purchase Volumes/Thresholds, Future Predictions while also managing Supplier risk.
To realize these goals, CPOs are increasingly turning to large scale Digital Procurement Platforms, which enable Automated Shopping, Ordering & Delivery.
For businesses, Shopping consumes a lot of time, so Digital Procurement Platforms bring together the benefits of Online Stores, Easy Shopping Experiences (business shoppers want the experiences similar to personal online shopping) and Payment Solutions. This is why technology today is driving Sourcing in disruptive ways post-pandemic that are truly beneficial to Enterprises & Public Sector.
Digital Procurement Platforms enable Procurement Controls, Automate Approval Workflow, leverage Purchasing Analytics in a secure manner. Additionally, those Digital Procurement platforms which enable added procurement benefits (like volume discounts, real-time pricing), better Payment terms, faster, cheaper shipping (nothing beats free, of course) are unlocking Supply Chain & Procurement disruption and driving better Economic Value Justification in the post-pandemic world.
Digital Procurement
Navigating these new possibilities, in the shortest possible time is a real challenge.
Optimations Trusted Digital Advisory can super-charge your Digital Procurement Transformation with unique resources like
- Leading Digital Procurement Transformation SMEs & Analysts.
- Digital Procurement Customer Experiences & Case Studies.
- Digital Procurement Technology Advisory (I-IoT, Edge, Edge/AI, 5G, ML, RPA and AI).
- Sprint Strategies to accelerate Time to Market (TTM) & Value (TTV).
Digital Procurement
Navigating these new possibilities, in the shortest possible time is a real challenge.
Optimations Trusted Digital Advisory can super-charge your Digital Procurement Transformation with unique resources like
- Leading Digital Procurement Transformation SMEs & Analysts.
- Digital Procurement Customer Experiences & Case Studies.
- Digital Procurement Technology Advisory (I-IoT, Edge, Edge/AI, 5G, ML, RPA and AI).
- Sprint Strategies to accelerate Time to Market (TTM) & Value (TTV).