of highly digitised Procurement departments create distinctive value through their data
of Procurement departments have implemented solutions on both S2C and P2P processes
of Procurement processes are digitised, huge opportunity for further digitalisation
of Procurement departments tracks the CO2 emissions of its suppliers
In times of supply bottlenecks, rising commodity prices and growing inflation, procurement departments around the globe are focusing on the essentials: Reducing costs and managing risks.
As the pandemic subsides, however, the digitalisation of procurement is once again coming into focus. Companies are willing to invest a lot of money to make the idea of digital procurement a reality. The planned investments are to flow primarily into digital source-to-contract (S2C) and procure-to-pay (P2P) solutions.
In contrast, the hype around innovative technologies in procurement – such as blockchain and artificial intelligence – has faded. CO2 trackers are becoming increasingly relevant.
Countries world wide