CIPS
Digitising Procurement

Digitising Procurement

In the future, procurement – the digital revolution, Procurement 2.0, call it what you will – will run on wholly digital platforms overseen by a small, lean and intelligent team of supply management professionals.

This is a historic opportunity to reboot the procurement delivery model by rebuilding operations to be run on digitized platforms.  The potential for digitization is greater in the Procurement function than in many other business areas; it represents a tremendous opportunity for Procurement to establish its role as a key source of competitive advantage in the organisation. 

Simfoni

Related Expert Reports

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Even the most diligent teams can’t see everything when information is dispersed across systems, versions, and departments. That’s why a growing number of organisations are rethinking how they approach contractual risk. Instead of fighting fires one document at a time, they’re turning to Contract Lifecycle Management (CLM), a comprehensive approach that brings every stage of the contract process into one cohesive, visible, and controlled environment.

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