AOP Live Webinar Watch Again: Envisioning the Procurement Operating Model of the Future
There is no denying that procurement must change. We can sense it in what our executive team asks of us, in what our supply partners are suggesting, and in the increasing role of technology in everyday procurement workflows. The business has recognized what we are capable of, which has opened the door to increased insight and influence.
If procurement leaders and teams are going to be ready to make the journey ahead, we have to carefully design our desired future state - one that balances resilience with efficiency.
Part of the challenge we face is that procurement has been undergoing constant change for a while now. While procurement might previously have attempted to perform ‘better,’ we now need to pivot and deliver a completely new scope of value. Fortunately, there are many resources we can lean on to facilitate this shift - including automation and broader access to talent by tapping a virtual workforce.
In this AOP Live session, Conrad Snover and Betsy Pancik from ProcureAbility shared ProcureAbility’s vision for the future of procurement, an organization that is viewed as a partner to the business, generates value beyond traditional measurements, and leverages technology and process optimization to increase strategic focus.