Procurement disruption: Change is coming, are you ready?
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Procurement disruption Change is coming, are you ready? Dr Jonathan Betts – Market Development Director, 24/03/22
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Transcript of Procurement disruption: Change is coming, are you ready?
Procurement disruptionChange is coming, are you ready?Dr Jonathan Betts – Market Development Director, 2 May 2023
Control
AgendaOur Findings
About Us
The Future
#PTS16
IntegrationContractInvoicingCatalogueeProcurementSourcing
The Big Five
Disruption #1: Squeeze Returns
Training down by a thirdRecruitment down by a quarterLess than 1 in 20 prioritising talent acquisition/developmentPlan to invest in technology Plan to invest in some
procurement trainingReduced investment in 2015
0.0%
10.0%
20.0%
30.0%
40.0%
50.0%
60.0%
Investments in procurement functions
2014 2015 2016
Disruption #2: Sector Challenges
Which sector will face the biggest challenges in 2016?
Disruption #3: Strategic Advance
Disruption #4: Data Focus
Ease-of-use and data accuracy –the most important features for a successful procurement solution
53%
Disrupted vs Disruptor
Innovation
Missing the Point
Hard vs Soft Trends
Cost Reduction
Agile Future
