The world’s changed in 2020. And so have business priorities. Where does that leave your digital procurement transformation agenda?

Should you pick up from where you left, downscale, or just shelve it? No easy answers there.

With many CPOs and procurement leaders asking us these questions, it’s a discussion we all need.

Watch this webcast — the second of a 2-part series — to assess the impact of the current economic crisis on strategic projects and digital investments.

Key Discussion Points

For better part of the year, you’ve been busy navigating the disruption. Adjusting to the new normal and sudden shifts in business priorities.

Where does that leave your digital procurement transformation agenda? Should you pick up from where you left, downscale, or just shelve it? Tough call. But you’re not alone.

No other business function compares to procurement when you consider how quickly and dramatically its role and priorities have changed in recent years. Digital transformation has accelerated this journey, and new technologies are now propelling procurement toward an exhilarating, yet somewhat unclear future.

Procurement is going to look very different in just a few years. New technologies such as AI, machine learning, RPA, and bots are taking over many of the function’s routine, repetitive and time-consuming activities. It’s clear that many traditional procurement responsibilities are changing, along with practitioners’ roles.