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CIPS: Digitalisation in Procurement and Supply 2019

November 13, 2019 / SEAN GALEA-PACE
SHARESHARESHARE

With technology becoming increasingly influential in the supply chain space and beyond, companies are doing whatever they can in order to maintain a competitive edge. Businesses adopt technology for a range of reasons. It could be to increase efficiency, trial new systems or simply to keep up with the latest trends, however, it’s important that businesses consider what they introduce to ensure that they enhance existing processes. The Chartered Institute of Procurement & Supply (CIPS) released significant findings about how digitalisation is affecting companies’ supply chain strategies. The research saw more than 700 managers in over 20 different industries from 55 different countries take part was carried out in order to gain an insight into the level of understanding of the supply chain digitalisation in procurement and the wider business community.