Procurement digitalisation seen as ‘ poor relation ’
TECHNOLOGY has to identify what IT can serve the business and then follow through with the best possible IT investment decisions .”
To navigate these challenges , digital procurement systems are providing organisations with answers . But as Ian Nethercot , a supply chain director at IT procurement companyProbrand , explains , a study by the company has found that very few organisations are making headway when it comes to digitalisation .
“ Research produced by Probrand , in collaboration with CIPS , has revealed that fewer than one in five ( 18 %) believe they have reached a point of full digitalisation ,” he says . “ Furthermore , 28 % say they are yet to make plans to move in this direction .”
Procurement digitalisation seen as ‘ poor relation ’
According to Paltron , the digitalisation of procurement is often treated as a poor relation – omnipresent areas such as sales , marketing or IT security draw all the attention .
“ Although the primary focus on these areas is justified at the beginning , procurement is another crucial component that holds a real treasure for companies : a large set of existing data as well as additional connections to many internal and external departments and areas ,” the company says . “ In particular , the connection to suppliers and stakeholders as well as the entire supply chain .”
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