Look to your left, and now your right, and maybe even in the mirror. You can likely spot the MVPs in your procurement organization.
The ProcureTech domain offers various solutions for purchasing automation, maintenance of supplier data, risk management, supply chain visibility, spend analysis, supply management, and many other benefits, which have become increasingly important in today’s business landscape, and could subsequently support an expansion of the market during the coming years.
All that media coverage you’ve been so proud of… That’s the exact same coverage that’s going to be your downfall. The team at Kodiak Rating – alongside partners like Meltwater/Fairhair.ai – are committed to ensuring a future filled with identifying & managing supply chain risks, before they become an issue.
Procurement teams are combating complexity in multiple dimensions, one of which is a digital complexity; figuring out how in the world they’re going to leverage data, digital platforms, and emerging technologies to become more intelligent – more data-driven – in their strategies and operations.
The flywheel then serves as a model to be mirrored in the everyday operations of an organization or team. With persistence and will, continuing to push forward a flywheel, that works, ultimately results in catapulting an organization or function towards greatness, and an utterly unstoppable forward momentum.
Procurement is a business function that has undergone a lot of change in the last few years. Due to globalization, growing consumer demands on transparency, the pertinence of sustainable development and technological advancements, procurement and supply chain professionals have been highlighted as an integral part of their organizations.