Summary
This analyst report from Spend Matters discusses the pressing need for procurement organizations to achieve optimal efficiency and effectiveness. It highlights that although procurement teams have faced growing volumes of activities, their headcounts have largely remained static.
This imbalance has been exacerbated by recent global events impacting supply chains, which have underscored the importance of procurement and supply chain management. However, despite this recognition, many organizations have not expanded their procurement teams accordingly.
The result is that procurement professionals have struggled to move beyond transactional tasks to more strategic activities. The answer is Predictive Procurement.
Key Takeaways
- Learn why traditional procurement approaches are no longer efficient
- The definition and evolution of Predictive Procurement
- Read the use cases and success stories of customers who have switched from reactive to Predictive Procurement
Check out the latest…
IN THE NEWS
BLOG
Beyond RFPs: How Autonomous Sourcing and Game Theory Are Eliminating Global Procurement Inefficiency
Procurement has always been the engine behind enterprise operations, but much of it still runs on manual effort and fragmented data. As global supply chains get more complex and market conditions shift faster than ever, traditional approaches are showing their limits....
Beyond RFPs: How Autonomous Sourcing and Game Theory Are Eliminating Global Procurement Inefficiency
Procurement has always been the engine behind enterprise operations, but much of it still runs on manual effort and fragmented data. As global supply chains get more complex and market conditions shift faster than ever, traditional approaches are showing their limits....
WEBINAR
Predictive Procurement as a Scaling Strategy: Case Studies from Successful Enterprise Transformations
May 1, 202510-11 AM PSTFull Video[dvg_divi_video_gallery columns="1" on_click="inline" preview_content="icon" overlay_color="rgba(69,88,156,0.2)" gallery_buttons_alignment="left" gallery_buttons_background="#0958D9" gallery_buttons_background_active="#1677FF"...
Predictive Procurement as a Scaling Strategy: Case Studies from Successful Enterprise Transformations
May 1, 202510-11 AM PSTFull Video[dvg_divi_video_gallery columns="1" on_click="inline" preview_content="icon" overlay_color="rgba(69,88,156,0.2)" gallery_buttons_alignment="left" gallery_buttons_background="#0958D9" gallery_buttons_background_active="#1677FF"...