TECH & AI
WATCH
NOW
“ Leaders must develop a clear digital roadmap and select technology that builds the necessary foundation to support today ’ s requirements with the flexibility to expand for tomorrows ”
ALEX SARIC CHIEF MARKETING OFFICER & SMART PROCUREMENT EXPERT IVALUA undermine output accuracy and reliability .”
Achieving that level of transparency and clarity , he points out , is helped by technology , but it is down to the business to make it work .
“ Businesses must take a smarter approach to procurement ,” says Saric . “ They need to Implement tech that provides visibility across the supply chain , as it is this that provides the reliable data needed to inform decision-making .
“ Organisations must establish a single data source for spend and suppliers , making quality data easily accessible to users .
” This will help reduce the risk of ‘ garbage in , garbage out ’ and ensure organisations are on track to make the most of any emerging technologies .”
100 December 2023