Procurement: Savings or Innovation? Use Technology to Do Both
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Transcript of Procurement: Savings or Innovation? Use Technology to Do Both
Signal us in cyberspace@ibmcommerce@ibmprocurement
Alight to destination SlideShare
Technology reimagines your universe, so you can meet your mission to save and innovate.
http://bit.ly/6VexingQs
82% of leading CPOs believe procurement technology includes strategic solutions (e.g., supplier relationship management)
77% agree that technology is coupled with business/procurement processes
40% have a digital strategy covering cognitive analytics, crowdsourcing, and digital reporting
70% deliver cloud/mobile/social solutions
For 92% of leading CPOs, interactions with external stakeholders are valuable
62% are more likely to broker new relationships with innovative suppliers
52% are better at using supplier ecosystems to co-develop new technologies
38% likely to invest in spend analysis technology
For 74% of CPOs, cutting costs is top priority
1/2 consolidate spending1/3 seek to lower TCO
Today’s CPOs must continue to engineer savings...
But with business moving at breakneck speed, how can CPOs propel their organization forward?
SAVINGS orINNOVATION?
Catalyze product ideation through supplier collaboration.
Make technology your copilot – Arrive at your vision faster and easier.
Use technology to do both.
•The Deloitte Global CPO Survey, 2016: www.deloitte.co.uk/cposurvey2016•The journey to value: Transforming procurement to drive the enterprise agenda, IBM Institute for Business Value, 2014: http://www-935.ibm.com/services/us/gbs/thoughtleadership/chief-procurement-officer
http://www.ibm.com/procurement-analytics-q&a