13 Popular Procurement Trends In 2023 Beyond Youtube 13 procurement trends that will shape the industry during 2023 & beyond! to capitalize in the new year, procurement will need to continue its transformation. Set yourself up for success in 2024 and join our chief revenue officer sam jenks to explore the trends, challenges, and opportunities that will shape procure.
13 Popular Procurement Trends In 2023 Beyond Top 13 procurement trends in 2023. 1) advanced analytics. data from gartner shows that three out of four supply chain executives place advanced analytics among the two most crucial supply chain technologies. for decades, businesses have relied on spreadsheets to track vital supply chain management information. As per reports, the global procurement software market which was valued at usd 7058.52 million in 2021 is predicted to reach usd 14977.19 million by 2029. it is expected that by the end of 2023, the market could even exceed the predictions with a greater need to manage supply chain risks, optimization of cash flow and ensure sustainable value. Achieving procurement’s full potential for lasting impact means accelerating the function’s evolution from a traditional focus on savings to a much broader agenda emphasizing value creation and resilience. that has implications throughout the organization, from strategic development through to sales and marketing. redesign of upstream value. This will make 2023 a year where a concentrated effort by professional procurement and sourcing teams will be required. join our team on january 26, 2023 at 15:00 cet (14:00 uk time) as we dive into 13 popular procurement trends that will have an impact on your business in 2023 & beyond!.
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