Knowledge Bank

The Age of Intelligence: Ascending to the Next Level of Procurement Performance

The Age of Intelligence: Ascending to the Next Level of Procurement Performance

Businesses and consumers are now fully engulfed by technology and the data it both creates and captures. Procurement is right there in the data-driven revolution, poised to use Big Data to generate new types of intelligence that CPOs can use to develop powerful business strategies and approaches. These dramatic shifts are prodding procurement leaders to seek better understanding of the state of the function today, both to assess how other organizations are reacting and to get recommendations for improving their own operations and performance.

In this webcast presented by GEP and Ardent Partners, we discuss the key findings of the new report, "CPO Rising: The Age of Intelligence," which captured the experience, performance and perspectives of more than 320 CPOs and other procurement executives. We’ll examine the general competencies and capabilities of procurement organizations today, including the art and science of Big Data management. And we’ll establish a current definition of best-in-class procurement performance based on the results of Ardent Partners’ research.

Why Watch This Webcast:

  • Get a fresh perspective on the role of the CPO and the level of his/her engagement and alignment in today’s enterprises
  • Learn which strategies, processes and technologies will be key to improving procurement’s performance in the coming years
  • Explore current procurement benchmarks and find out how the best-in-class performers maintain their competitive advantage