Today’s procurement leaders must make faster, better decisions to keep their supply chains viable. Changes to business environments are now occurring at a higher velocity, contributing to increased uncertainty and risks. In fact, insights from Deloitte's 2021 Global CPO Survey shows that over 70% of procurement leaders believe that risk has increased over the last 12 months1. While supplier risk management is now a key focus, supplier management is only effective and efficient with tangible and actionable insights to inform decision-making. Thus, in a Gartner survey, over half of procurement executives report spend and cost analytics as the key area in which they are deploying technology.2 How can organizations harness the power of advanced analytics and machine learning while minimizing the implementation lift and adoption barriers?
Join our webcast to learn how to increase visibility on spend, make better buying decisions, and gain more confidence in your purchasing process using intelligent procurement solutions.
In this presentation, we will:
- Review procurement’s increasing investment in digitization and analytics since COVID-19
- Discuss the importance and challenges of gaining real-time spend analytics
- Share ways to make better-informed sourcing decisions and drive organizational value with Amazon Business
1 Deloitte 2021 Global Chief Procurement Officer Survey.
2 2019 Gartner Supply Chain Technology User Wants and Needs Survey.