13 ways sustainable sourcing and procurement drive ESG efforts
The strategic sourcing process is a cycle, so it cannot be done once and forgotten about. A cycle approach to […]
Procurement 101
Reading time:
5 minute read
Written by
Majdi Sleimen
If there's anything that prompts unanimous agreement, it's the common attributes of Procurement and dinosaurs. Specifically, the accessibility of procurement software applications on smartphones and Pachycephalosaurus, but no need to get ahead of ourselves. The dinosaurs didn't.
At one point or another, both dinosaurs and procurement have been viewed as misunderstood, in the wrong environment for their time, and/or passively awaiting an asteroid. A recent webinar by SpendMatters entitled Don't Wish on an Asteroid: Death, Dinosaurs, and Procurement provided an overview of tactics to boost operational relevancy and avoid the extinction of purchasing as a value-adding corporate function. This blog will focus on a segment of the webinar: Procurement Without Mobile Accessibility Vs. Procurement With Mobile Accessibility. We've listed the benefits of both approaches in an attempt to remain unbiased. Compare the facts for yourself to determine which has better odds for evolutionary (and technological) glory.
Now you can tally your pros and cons for each section. Do you prefer procurement with mobile accessibility, or without? The choice is yours to make, but we all know what happened to the dinosaurs.
Interested in learning additional procurement tips? Check out these procurement best practices to prepare for the future. And be sure to learn why it’s so important to undertake a digital procurement transformation.
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