Digital Optimisation Paves the Way to Strategic Supplier Management

Organizations prioritize digital transformation, yet procurement often lags, missing opportunities for cost reduction, efficiency, and strategic supplier management. Global supply chain disruptions have exposed vulnerabilities in traditional processes.

A Harvard Business Review Analytic Services survey of 271 respondents highlights how digital optimization transforms procurement. Key findings:

• 73% prioritize cost reduction; 54% face supplier agility challenges
• Only 24% analyze most supplier data effectively
• Digital procurement investments yield savings and efficiency

Explore the survey to see how digital transformation drives procurement growth.