According to the 2022 CPO Compass Survey by Procurement Leaders, supplier risk management and supplier performance management were the top two areas for planned procurement technology investment (Procurement Leaders 2022).
Procurement leaders acknowledge the necessity and aspire to invest in supplier relationship management solutions, but how can they secure the CAPEX budget required during times of financial instability on a macro level?
It is time to be assertive and advocate for why your procurement team deserves a fair share of the technology budget. The question is, do you possess sufficient evidence to demonstrate the positive ROI of digital procurement solutions?
Modern Tools & Tips for Spend Optimization and Supply Risk Management
What are the steps to improve sustainability performance with tech-enabled innovation?
Prioritising digital transformation and maximising ROI from S2P investments
Business strategy alignment as a driver for competitive differentiation
Benefits of data-driven decision making for sustainability
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