... The gap in procurement’s data and analytics skills limits its ability to capture value. Chief procurement officers can use this research to address the D&A skills gap by teaching workflow-specific analytics use cases, building necessary competencies without extensive technical upskilling. Overview Introduction ...
Analyst(s): Vincent Sikora
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... Procurement organizations are hampered by missing critical inputs, bottlenecks in work processes, complex workflows, and inconsistent quality standards. Chief procurement officers can use this research to build and adapt governance mechanisms to comply with business and regulatory requirements. Insights ...
Analyst(s): Jeremy Suter | Fareen Mehrzai | Doohan Vaz
... Inconsistent payment terms, supplier pressure and emerging risks are driving procurement functions to modify their payment practices. CPOs can use this data to benchmark against peers and identify areas for improvement that strengthen their payment terms outcomes. Data Snapshot Data Insights What You ...
Analyst(s): Jeremy Suter | Bhuvna Arora | Michelle O'Sullivan
... AI empowers procurement organizations to tackle strategic challenges and drive greater value. In this research, we highlight five innovative vendors that enable procurement technology leaders to achieve their strategic goals and deliver actionable insights through AI. Overview Analysis Gartner Recommended ...
Analyst(s): Micky Keck | Martin Shreffler | Chaithanya Paradarami | Magnus Bergfors | Cian Curtin
... Many procurement organizations are lagging in digital adoption in today’s fast-paced, technology-driven world. Chief procurement officers should focus on three key attributes of digital innovators to stay ahead of the curve, support stakeholders and delight users. Overview Gartner Recommended Reading ...
... Access Research Already a Gartner client? Chief procurement officers (CPOs) often find that the value delivered by outsourcing does not meet their expectations at the outset of the partnership. This research outlines the actions they must take to ensure their outsourcing efforts deliver on anticipated ...
... Organizations differ in their approaches for IT sourcing, procurement and vendor management, which affects the degree of influence and directional control. This research provides chief procurement officers options to partner with stakeholders and manage IT spend through the organizational structure. ...
... emergence of AI agents will fundamentally change the way procurement operates, requiring new strategic competencies. To get there, CPOs must double down on data quality and governance, evolve to a digital-first culture and increase procurement risk thresholds to deliver new business impacts. Analysis ...
... This research identifies some of the most prominent AI use cases across sourcing and procurement functions. Chief procurement officers should use this research to target the AI investments that deliver the right business value and are the most feasible for their organizations to undertake. Overview ...