The importance of stage planning
When it comes to a digitalisation journey, managers must understand the importance of following a staged approach to technological maturity and development. To execute staged planning, firms investigated in the business case phase indicated employing a certain family of technologies, very similar to trends of technology selection uncovered with the survey results. This provides further testimony on the type of technologies procurement can gain benefits from.
When an organisation reaches stage 3, digitalisation can contribute to cost and revenue, once maturity goes forward. As organisations choose and apply digital technologies, they can use these stages to consider their focus – from internal or cost-based efficiency initiatives and service improvements, to business building or revenue-enhancing opportunities.
Ultimately, digitalisation can become a platform for transforming the organisation.
The following case studies have been generated following interviews with procurement specialists from three global organisations.
Each organisation has embarked on their own digital transformation journey and are at various stages of development.
We have created a three stage model for procurement and supply chain specialists to benchmark against when considering digital options for their organisations digital transformation journey, we hope this is especially supportive and beneficial to the profession.