Adobe Stock Procurement has evolved from a back-office function to a strategic driver of innovation and value. While technology is at the heart of this shift, jumping on the digital bandwagon isn’t always as simple as plugging in some shiny new software. Real transformation demands a mix of creativity, strategy and much patience. Change management isn’t a sidekick in this story; it’s the star of the show. So, to support organizations and practitioners who are undergoing a transformation fueled by digital or are looking at launching such an initiative, Spend Matters will publish a series of posts and other content over the next few months that focuses on the digital transformation of procurement and change management. Because such a critical endeavor is too often not entirely successful, our series will be a sort of ‘survival guide’ for practitioners and will cover: Setting the stage : what digital transformation is and what it means for procurement; how to recognize the need; what are the unique barriers, pitfalls and lessons from failed initiatives. Building the foundation : where to start; how to build a digital roadmap; the critical role of data; identifying quick and long-term wins; how to make the case […]
A procurement digital transformation survival guide for practitioners: How to embrace digital without getting lost on the way
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