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Digitalisation in Procurement and Supply


Digitalisation references the tools and operating systems that can be leveraged by organisations to reduce operational tasks within an organisation.

 

Many organisations are aware that legacy systems do not necessarily fit all procurement needs or may have been introduced from a financial operational perspective, so bolt on applications to meet procurement areas of spend and risk mitigation are being resourced and presented to the board for investment.

 

Procurement and supply professionals are looking for the right solution to present to their board in order to leverage competitive advantage, streamline their roles and to keep pace with evolutions in the profession.

 

 

 

“The Future of Procurement and Supply Management”

A reflection of what the profession may look like fifteen years from now.

The findings present 2 scenarios following extensive consultation with CIPS members and specialists in the field.

 

Digitalisation in Procurement and Supply

Following a global survey in 2018 with CIPS members, this paper delivers findings on tech that organisations are investing in now, the return on investment and competitive advantages being leveraged.

Human vs Machine

“Humans vs Machines”

GEP discuss the role of procurement professionals in the bot age.

Request the recording of the webinar.

Disruptive technologies

CIPS provide content to support you with a deep dive into the rising technologies that are set to disrupt the procurement profession and shape career paths over the coming years.

 


Reimagining Direct Procurement Technology: Why It's Time to Move Beyond ERPs and Legacy Systems 

This paper examines the evolution of the role and needs of direct procurement teams over the years, and the disconnect between the current demands of the function and the technologies thatcommonly support it. The paper also discusses the strategic advantages of using a next-gen, AI-powered, data-driven procurement platform to enable agile and effective decision-making.

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The Digital Transformation Game 

Digital transformation is no longer a nice to have, it is the essential first step on a journey that may well ultimately embrace some, most or all of the following: big data, robotic process automation, blockchain, artificial intelligence, virtual and augmented reality and 3D printing. If this transformation is to deliver the expected return on investment, it is vital that procurement is at the heart of it.  

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Change Management in Procurement: Doing It Right in the Digital Era 

This paper discusses how emerging technologies such as AI, RPA, blockchain, etc. are revolutionizing procurement and creating a new digital workplace; it also shares valuable insights on how procurement leaders can effectively manage change in the wake of such digital transformation.

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The 2019 Procurement Technology Forecast 

Watch to 2019 Procurement Technology Forecast:  Primary Trends and New Digital Capabilities to find out:  

  • how cloud-based S2P platforms are enabling 'agile' operations, deeper insights and greater collaboration
  • new digital procurement solutions such as guided workflows and conversational interfaces
  • the potential for disruptive technologies to strengthen data science capabilities

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How IT Can Accelerate Workplace Transformation by Digitizing Procurement

This paper discusses how you can initiate a digital transformation at the workplace. You’ll also learn about proper execution — how to see the project through to a rewarding result — with handy tips for the successful deployment of a strategic procurement platform.

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Forward Momentum: Procurement's three-part Program for Digital Transformation Leadership 

This paper explains how procurement can effectively take the benefits of digital transformation realized within its own domain and convey them outward to the rest of the business.

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New on the CIO Agenda: Helping Procurement Succeed in Digital Transformation 

In this new insight piece, GEP’s procurement technology experts share four key technology elements that enterprise IT teams must consider while helping procurement digitally transform itself. They also share tips on choosing the right procurement technology for maximum impact.

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Download now