PROCUREMENT: LOOK TO THE FUTURE, NOT THE PAST

A white paper by App Orchid and World Commerce & Contracting

PROCUREMENT: LOOK TO THE FUTURE, NOT THE PAST

This 16-page white paper reveals the challenges procurement teams have had in maximizing value to the business, and presents Procurement 4.0 transformation as the path to maximizing value.

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16 pages (12 min. read)


 

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WHAT READERS HAVE SAID ABOUT THIS WHITE PAPER

Category Lead for Software and Cloud Services at $50 Billion Multinational

“At most enterprises, Procurement is a cost center, a speed bump on the road to innovation. But in some, Procurement actually plays a strategic value-added role – and it makes a big difference beyond cost savings. The end goal is Procurement 4.0, and this white paper has the insights to help you get you there.”

CFO at Multi-billion Dollar Consulting Firm

“I’ll admit that we’ve typically seen Procurement as a ‘necessary evil.’ This white paper showcases the tremendous value Procurement could bring to the business. As they say in the white paper, it’s a two-way street and just as Procurement needs to learn about our business, we need to learn about Procurement.”

WHAT’S INSIDE

Procurement: Look to the Future, Not the Past
  • How long procurement takes, really
  • Where procurement practitioners see choke points in the process and the greatest opportunities for shortening it
  • Surprising differences between practitioners’ perceptions of stakeholder satisfaction and stakeholders’ actual satisfaction
  • Surprising differences between practitioners’ perception of procurement’s value and stakeholders’ perception (spoiler alert: cost savings is not nearly as important to stakeholders as it is to practitioners)
  • The activities procurement would spend time on – and the value that would add – if procurement processes were shorter
  • 4 steps to get from the current state to the desired future state
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