EXECUTIVE INSIGHT annually on procurement technology , we did all our strategic work in Excel and email . Excel doesn ’ t scale well for global operations . We lacked systems for gathering requirements , engaging stakeholders and tracking projects . I realised we needed a system to track and manage everything , providing instant feedback and insights . That was my epiphany : to build something that integrates existing infrastructure and provides actionable insights .
Q . WHAT ARE THE GREATEST CHALLENGES FACING PROCUREMENT LEADERS ?
» We ’ re used to dealing with crises , from pandemics to supply chain disruptions .
The challenge is the increasing complexity and demands of the function without adequate resources . We ’ re often mandated to do more without being consulted or supported . Having a seat at the table to understand and address these implications is crucial .
Q . HOW CAN PROCUREMENT GET ITS VOICE HEARD TO MAKE OPERATIONS MORE COOPERATIVE ?
» We need to communicate our value beyond savings . Highlight how we keep operations running smoothly , reducing cycle times , increasing value and managing risks . Tailor the message to what your
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