Procurement Systems and Technology

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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.

Featured Resources

robot finger touching human finger

Humans vs Machines Webinar

September 2019

In this webcast, presented by CIPS and GEP, experts discuss the experience of digital procurement transformation, focusing on new opportunities it could bring.

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Digitalisation

Digitalisation

A useful tool when building a business case for new organisational technology investment

The Future...

The Future...

of Procurement and Supply - how might the supply landscape change in the coming years and what are the implications?

Industry 4.0

Industry 4.0

A vision for the next paradigm shift in manufacturing which is anticipated to add approximately £10 trillion to the global economy by 2030.

Knowledge Topics:

3D Printing in Supply Chains

3D Printing in Supply Chains

The 3D printer could be set to revolutionise future supply chains by reducing supply complexities and increasing the speed to market of products

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Artificial Intelligence (AI)

Artificial Intelligence (AI)

Artificial intelligence has advanced significantly, chat bots and real time data for procurement teams to develop forecasting and reporting skills

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Blockchain

Blockchain

Blockchain is set to revolutionise how we work in many industries, the technology is advancing but also being applied to many sectors.

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Cloud and Mobile Solutions

Cloud and Mobile Solutions

Procurement organisations at best-in-class enterprises worldwide are increasingly turning to cloud and mobile solutions to streamline and automate the

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Coding and Classification

Coding and Classification

Coding and classification elements can help achieve maximum operational effectiveness and efficiency

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Digitalisation

Digitalisation

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

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eSourcing / eProcurement

eSourcing / eProcurement

E-Sourcing relates to the electronic procurement of products or services via the internet

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Industry 4.0 for Procurement

Industry 4.0 for Procurement

There have been three significant industrial revolutions - could we be in the midst of a fourth industrial revolution?

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MRP/CRP Systems

MRP/CRP Systems

Material Requirements Planning (MRP) is a production planning and inventory control system used to manage manufacturing processes.

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Application of Technology

Application of Technology

E-Procurement systems can be utilised in the Request for Information (RFI), Request for Proposal (RFP) and Request for Quotation (RFQ) process

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More Resources

E-Learning

Accessible Right Now

Trackable, accessible and flexible learning online. Pick up short courses on the go and learn when you want with hundreds of e-learning modules.

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Training Courses

Leading Procurement Training

Accelerate your learning and deliver more value in your role with dedicated training courses running all year round in multiple locations to suit you.

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Bookshop

eBooks & Hardbacks Available

Find all the CIPS core study guides with quality recommended reading to equip you with everything you need to excel through exams and get qualified.

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Accelerate Your Career Journey

Join CIPS Membership

The largest global institute for procurement

CIPS membership grants access to resources, networking, support, discounts and so much more to accelerate your career and progress your knowledge.

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CIPS Global Standard

Benchmark your competency level

Now in its third edition, the CIPS Global Standard for Procurement and Supply is a competency framework used to enhance efficiency and performance.

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