Procurement Magazine May 2023 | Page 58

DIGITAL PROCUREMENT

60 % OF THE PROCUREMENT TECHNOLOGY MARKET SHARE IS HELD BY THE TOP 10 PROVIDERS target the procurement function , and we ’ re not just talking large global organisations here . Any small procurement or supply chain function can be complex also .

As procurement leaders , we get pitched by software vendors every day . We go to conferences , where we get pitched even more . How do you even begin to make sense of it all ?
I like to oversimplify everything . I categorise all functions within a procurement end-to-end process as being two basic buckets . It ’ s either strategic or
58 May 2023