With the rise in complexities and disruption in procurement and supply chain , competing forces including supply shortages , inflation , price increases and health crises are driving the industry to adopt a more innovative mindset and strategic technologies . While cost and risk reduction remain high on the list of priorities for many professionals , digitalisation and sustainable development have also been stepped up to mitigate today ’ s challenges and complexities . “ The emergence of these new risks has changed the perception of digital transformation by procurement departments ,” say Isabelle Carradine and Dr . Norbert Fischer from PwC . “ While digitalisation continues to progress among companies in all sectors , it is now becoming a necessity to overcome the challenges of cost control , supply chain traceability , and supplier relation securitisation .”