Zipido reports
that in Q3 of 2023
83 %
of global CPOs considered digitising their procurement processes
LEVERAGING AUTOMATION AND ROBOTICS IN PROCUREMENT OPERATIONS
As mentioned , automation is a tool companies are already adopting , with the use of robotics revolutionising procurement by streamlining repetitive tasks , reducing human error and enhancing team productivity . These systems can handle routine activities such as order processing , invoicing and contract management , freeing up procurement professionals to focus on strategic initiatives .
Sam says : “ The more that we simplify , standardise and automate , the more we can spend our time doing the things we should be doing – ensuring that our procurement decisions optimise our value , bolster our supply chain resilience and unlock our sustainability goals .”
leaders to scrutinise their supply chains and consider unprecedented scenarios to de-risk them , in addition to managing costs .
As the list of supply chain challenges and disruptions evolves and supply chains remain in a “ permanent crisis ”, technology is no longer optional , Tony says .
“ Businesses must use integrated technologies to keep track of their suppliers and their suppliers ’ suppliers ,” he adds . “ They need a sophisticated solution that not only connects supply chain and logistics data across an organisation but also organises a global network of suppliers , including logistics
132 September 2024