When is the right time to invest to gain competitive advantage for your supply chain?
The pace of procurement is fast changing, with new technology developments shaping the way that procurement teams interact with stakeholders and deliver results for an organisation.
As we enter the fourth industrial era with discussions around block-chain, artificial intelligence and robotics, other digital enablers, it’s knowing which procurement systems and supply chain technology should be presented to boards for investment that will prove critical for future success.
Keeping on top of changing procurement trends can focus the organisation on digital transformation, supplier synergies and cost savings
Top five procurement technology trends
- Integrating a digital transformation strategy
- Adopting artificial intelligence systems
- Cybersecurity systems and protection
- Using big data to drive decisions
- Block chain infrastructure and transactions.
CIPS procurement systems and technology pages look to support procurement professionals to gain insight and guidance on new procurement technology that is shaping our profession.
Humans vs Machines Webinar
In this webcast, presented by CIPS and GEP, experts discuss the experience of digital procurement transformation, focusing on new opportunities it could bring.
⯈ Watch the webinar