PROCUREMENT STRATEGY
More advanced clients can benefit from“ AI-driven insights, predictive analytics and Gen AI capabilities to optimise procurement strategies and drive innovation”.
Analytics as strategic weapon Perhaps the most transformative aspect of digital procurement platforms is their ability to generate actionable insights from procurement data.
Traditional procurement analytics were largely backward-looking, focused on reporting what had already happened. Modern platforms flip this paradigm, using predictive analytics to anticipate future needs and opportunities.
According to John, Zycus is able to“ identify process bottlenecks, spot spend leakages, benchmark supplier performance and even anticipate disruptions – before they happen”.
This shift from reactive to predictive analytics represents a fundamental change in how procurement functions operate and create value.
The path forward As digital procurement platforms evolve, the most successful organisations will be those which see technology as an enabler of strategic transformation. The goal isn’ t simply to digitise existing processes, but to fundamentally reimagine how procurement creates value.
As Marc concludes,“ This holistic approach ensures digital procurement strategies not only deliver immediate value but also sustain long-term impact.”
78 November 2025