Traditional vs. E-Procurement: How Technology Has Helped Transform the Function

In its journey of maturity, procurement has gone through dramatic changes, evolving from a tactical function to a digitalized, strategic process. In the traditional process of procurement, the function was managed manually, depending heavily on Excel sheets, paperwork, as well as phone calls and in-person conversations.

Top 5 Technology Trends That Are Reshaping Supply Chain Software

Today’s supply chain needs to be flexible and agile, capable of responding quickly and positively to sudden changes — and that cannot be achieved through piecemeal supply chain management software and tools deployed at different times to manage different processes.

Top 7 Benefits of Using an Advanced, Cloud-Based Strategic Sourcing Software

Strategic sourcing has been the go-to approach for transforming procurement from a tactical to a strategic function, capable of delivering the kind of value enterprises expect from it now. It takes a long time, even years, to be implemented properly, so it’s only natural that enterprises expect it to lead to substantial savings. Yet, this is not always the case.

Gartner’s Top 10 Tech Trends for 2019 And What They Mean For Procurement & Supply Chain

Gartner, Inc. recently unveiled their list of the top 10 strategic technology trends earmarked to have far-reaching impact and application across businesses and industry verticals this year. These technologies have now matured beyond the nascent stage to display real signs of groundbreaking potential, and leading enterprises must consider making inroads soon to stay ahead of the curve.

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