Digital: Where do Procurement organisations really stand today?
Digital Procurement is the buzzword on everyone’s lips these days. The widespread digitalisation that is characterising Industry 4.0 is considered to be the greatest revolution to impact procurement in decades. Technology has already fuelled the transformation of many work procedures and processes, and these processes are changing as quickly as new technology is developing. These changes promise great potential and better decisions for Procurement, but are companies ready for the new trends in digital procurement? Where do Procurement organisations stand today? Are budgets being allocated to new technologies? And, if so, what is their real potential?
These were the questions the survey “Digital Procurement: Just Hype Or The New Standard?“ hoped to answer.