Innovation Roundtable, a World 50 Group Community ’s Post

Today’s CPO Rising article looks at procurement technology adoption trends and how they are shaping technology investment behaviors in 2023. Read the full article here: https://lnkd.in/eG4sddDt. #CPO #Procurement #Technology #TechnologyTrends

By analyzing historical data, organizations can identify patterns and trends, enabling them to make smarter purchasing decisions and negotiate better contracts. Additionally, data-driven insights help streamline processes, optimize inventory levels, and improve supplier performance. As the procurement landscape continues to evolve, it is crucial for organizations to embrace data-driven insights to stay competitive. Read more in our latest article: https://lnkd.in/d7grUh6p #procurement #technology #innovation

Today’s CPO Rising article looks at procurement technology adoption trends and how they are shaping technology investment behaviors in 2023. Read the full article here: https://lnkd.in/eBjbTvEX. #CPO #Procurement #Technology #TechnologyTrends

Innovation in procurement isn't just a trend; it's a necessity in today's dynamic business environment. By embracing new technologies, data-driven insights, and collaborative approaches, organizations can streamline processes, drive cost savings, and unlock new opportunities for growth and sustainability. #passionforprocurement #passionfortechnology #evoluatetoinnove

Partnership: Closing the procurement technology gap How might a flexible approach to procurement tech reap dividends? Despite the findings of the 2024 Indirect Procurement Report from RS Group plc and CIPS, which found several opportunities of doing so, many are yet to invest. How can procurement functions begin their journey to adoption? What are the key drivers of adopting tech? And how can leaders build the case for investment? Find out more from the article linked in the comments below 👇 #Partnership #Procurement #IndirectProcurement #Technology

Today’s CPO Rising article looks at procurement technology adoption trends and how they are shaping technology investment behaviors in 2023. Read the full article here: https://lnkd.in/gSuMKjqQ. #CPO #Procurement #Technology #TechnologyTrends

Technology sourcing can be overwhelming. It’s about more than just choosing the right tech; it’s about making smart decisions that align with your business goals without straining your resources. Consider a technology solutions partner for: 🚀 Advantages in Technology Sourcing 💼 Streamlined Procurement Process 🤝 Peace of Mind Partnership 📰 https://hubs.la/Q02p_FDh0

Are you following procurement best practices at your organization? Technology has transformed procurement, allowing for improved spend optimization and agility as well as better insights into your suppliers and how they work with your organization. Check out our latest blog post on “Merging Technology with Procurement Best Practices: Driving Efficiency and Innovation”. 👉 https://hubs.ly/Q02fVXt_0 #TipsTuesday #eProcurement #BestPractices #ProcurementInsights