Amid geopolitical and fiscal uncertainties, 2016 sees CPOs returning to their traditional savings focus with renewed vigor.
CPOs are also exploring how to increase their contribution to the business through collaborative product origination.
With the right technology and vision in place, you can identify hotspots for both savings and innovation. Instead of asking which first, you can now just ask when….
For more information, visit: http://www.ibm.com/procurement-analytics-q&a
Driving Behavioral Change for Information Management through Data-Driven Gree...
Procurement: Savings or Innovation? Use Technology to Do Both
1. Signal us in cyberspace
@ibmcommerce
@ibmprocurement
Alight to destination SlideShare
Technology reimagines your universe,
so you can meet your mission to save and innovate.
http://bit.ly/6VexingQs
82% of leading CPOs believe
procurement technology includes
strategic solutions (e.g., supplier
relationship management)
77% agree that technology is coupled
with business/procurement processes
40% have a digital strategy covering
cognitive analytics, crowdsourcing, and
digital reporting
70% deliver cloud/mobile/social solutions
For 92% of leading CPOs,
interactions with external
stakeholders are valuable
62% are more likely to
broker new relationships
with innovative suppliers
52% are better at using
supplier ecosystems to
co-develop new technologies
38% likely to invest in
spend analysis technology
For 74% of CPOs,
cutting costs is top priority
1/2 consolidate spending1/3 seek to lower TCO
Today’s CPOs must continue
to engineer savings...
But with business moving
at breakneck speed, how
can CPOs propel their
organization forward?
SAVINGS or
INNOVATION? Catalyze product ideation
through supplier collaboration.
Make technology your copilot –
Arrive at your vision faster and easier.
Use technology to do both.
•The Deloitte Global CPO Survey, 2016: www.deloitte.co.uk/cposurvey2016
•The journey to value: Transforming procurement to drive the enterprise agenda, IBM Institute for Business Value, 2014:
http://www-935.ibm.com/services/us/gbs/thoughtleadership/chief-procurement-officer
http://www.ibm.com/procurement-analytics-q&a