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Reviewing pandemic responses and strategies, some CPOs and Procurementteamsmanaged a bit better than their peers as uncertainty and change mounted. These teams were able to quickly communicate and negotiate with their key suppliers to establish a “supplier of choice” solution. .
Therefore, the survey gives a fascinating insight into the impact that the pandemic has had on procurementteams globally. “70% 70% of respondents maintained or increased digital procurement investment post covid” . The feedback from the survey was that process adaption and changemanagement are the most important factors.
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As public procurementteams face increasing pressure to improve efficiency while upholding compliance and transparency, it’s essential that they have the right strategies in place. After all, how can you streamline procurement processes without sacrificing your standards? Scalability. Data Insight Strategy.
Reviewing pandemic responses and strategies, some CPOs and Procurementteamsmanaged a bit better than their peers as uncertainty and change mounted. These teams were able to quickly communicate and negotiate with their key suppliers to establish a “supplier of choice” solution. .
In fact, 54% cite this challenge as a key obstacle to digital solution deployment, along with changemanagement and involvement of internal stakeholders — in other words, the human component of technology implementation. To progress along your digital transformation journey, it’s important to understand your level of digital maturity.
As someone who has always approached procurement with an academic mindset, I have relied on procurement training and online courses to advance my understanding of procurement. The intent was more important than the words on the page. This shift prompted a change in approach.
Today, procurement leaders have a seat at the table in e-staff meetings. How has the role changed over the past few years? It’s changed dramatically. Procurementteams were just buyers who delivered what other departments told them to buy. So, heightened intuition is extremely important. That’s true!
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