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State of Procurement Digital Transformation, Part 1: Value Drivers and Expectations

Selecting the right mix of digital initiatives to address the most significant value drivers is one of the most difficult challenges procurement organizations face as they identify a path forward. The Hackett Group released its study results analysis in this white paper.

Enterprises are increasingly relying on digital technologies to enhance the customer experience, accelerate new product and service innovation, improve operational cost efficiency, and make sense of massive amounts of data. Procurement organizations have the potential to play a more strategic role in the digital era, but to do so they must engineer their own digital transformation.

Our research has found that only 63% of procurement organizations have even developed a plan for doing so. Selecting the right mix of digital initiatives to address the most significant value drivers is one of the most difficult challenges procurement organizations face as they identify a path forward.

Content:

  • Developing Use Cases for Emerging Digital Technologies
  • Transformation Digital Technologies Defined
  • Anticipated Strategic and Tactical Value Drivers of Digital Transformation in Procurement

  • The Hackett Group recommendations

Hackett Group Digital Transformation

To download this white paper, please fill in the form:

 

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Synertrade

Synertrade, Inc. leading global provider of flexible procurement management software that optimizes purchasing and finance processes.

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