TECHNOLOGY
“ As more and more organisations pledge to meet net zero by 2030 , smart procurement platforms are helping to support sustainability goals ”
ALEX SARIC SMART PROCUREMENT EXPERT , IVALUA
industry to gauge maturity and identify areas for improvement .
“ Pre-packaged solutions can be a great start , helping you to deploy effective procurement tools in just a matter of weeks . However , scalability and flexibility are also important to consider as it enables the solution to grow with the company and adapt quickly to both short and long term changes in the market . Smart procurement technology brings long-term cost and efficiency benefits to organisations . The added visibility given across the supply chain is critical for firms looking to stay ahead of the curve and make informed decisions , spot new opportunities , and manage risk . These platforms will give organisations a significant competitive advantage , so they need to be investing now – or risk lagging behind competitors , losing market share and missing vital chances to innovate .”
The Benefits of Adopting a Procurement Platform in Your Organisation ? “ We are consistently seeing both in the news and in our business how fragile justin-time delivery can be . Thanks to the pandemic cutting production , growing consumer trends impacting traditional labour supplies , and regional challenges
74 November 2021