If anyone on the planet was still unconvinced about the value of agility in procurement operations — they’re probably convinced now. Greater agility translates to faster decision-making and execution. And organizations that can decide quickly and act quickly can much better manage the impacts of severe disruptions.
A new study from GEP and The Hackett Group, The CPO’s Guide to Building an Agile Procurement Organization, takes a deep dive into the subject of procurement agility — its definition, use cases, and how organizations can develop it as a fundamental attribute.
- How greater agility enhances core procurement capabilities, such as risk mitigation
- The role of technology in increasing agility
- Best service-design practices that foster agility in procurement processes
This report is a must-read for leaders who want to make their organizations stronger and better able to carry the business through adverse circumstances.