Global Trade has grown to a value of 25.3 Trillion USD, reported in 2018 (wto.org 2019). At the same time, the global availability of information & data has grown at 4x the speed of global trade (hbr.org 2019).
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.
Procurement practitioners are challenging ProcureTech vendors to solve complex problems with easy-to-use, easy-on-the-eye, solutions.
As digitalization continues in various business disciplines, organizations are on a conveyer belt of change, alongside a smorgasbord of new technology & solutions to try and digest.
Digitalization in procurement has taken a lot longer than in other industries. But, why? What is it about procurement organizations that makes them so reluctant to change? Sometimes, waiting for the perfect solution, or the next best thing can leave you lightyears behind…
Distinguishing a brand, strategy, product, or even a website is nearly impossible in this world, oversaturated with sameness. Campaigns and initiatives rise to the surface on a daily basis, taking over the headlines for a week, just to sink to the bottom of the ocean again.