During the past two decades, procurement has evolved from a clerical back office function to a strategic business function that orchestrates supply networks; drives innovation and growth; aligns business operations with companies' ethical and social values; and manages risk, even as markets and technologies continuously evolve. According to CPOs, the next step of this evolution will be digital.
To explore the trends and challenges that are shaping the future of emerging technologies and understand how digital innovation is shaping the future of procurement, the University of Mannheim Business School teamed up with SAP Ariba to conduct a large-scale survey of more than 460 procurement and operational leaders globally.
Download this presentation for a summary of the survey’s findings.
2019 CPO Survey Results
New survey shows that companies see high impact of digital transformation for procurement