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Or the automotive firms, who watched Tesla with the condescending view that electric cars would just be a fad, until they also realised the true potential. Projectmanagement means managing against robust plans, laying out deliverables, resources, costs, risks and so on.
It has been applied for decades in certain industries, notably automotive and aerospace, and is now recognised as a priority at most organisations. Efficient communication, the ability to securely share information and project-manage efforts are all key to scaling collaboration across more processes, suppliers & categories.
That means spanning the S2P process, allowing secure sharing of a variety of information, supporting projectmanagement and automating action or improvement plans. Leaders should ensure that collaboration supports this required depth and breadth.
For example, consider the challenges in the automotive industry that stem from the supply chain issue in chip manufacturing. The platform supports collaboration from source-to-pay, enabling users to securely share information, enhance projectmanagement and automate improvement and action plans.
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