Today’s procurement organization faces a major question: How can it build on its tremendous success in generating efficiencies and cost savings, and evolve to meet the business’s changing demands?
Accenture research provides an intriguing look at the potential answer. We explore:
How digital technologies will revolutionize the procurement organization and its professionals by 2020
The resulting effects on how procurement interacts with internal business stakeholders and the external supply base
Our research also suggests that this new digitally powered procurement organization will continue to significantly drive down its operating costs, while delivering more strategic value to the larger enterprise.