Overcoming Challenges for the Modern Procurement Leader

Today, business leaders must accept the pace of disruption and innovation that technology provides, or be left behind their competition. New technology solutions provide some challenges, but their benefits allow teams to engage more effectively and react to more actionable information. In procurement, executives used to be exclusively focused on reducing costs for purchases and making sure goods were delivered in a timely manner. While definitely important subjects, many CPOs are challenged by a lack of transparency, an unclear digital strategy, teams that lack the skills & capabilities to maintain a competitive edge in the technology age, and poor data analysis.

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