- Grid View
- List View
Procurement Business Process Transformation 2022 RadarView™
The Procurement Business Process Transformation 2022 RadarView™ assists enterprises in identifying strategic partners for their procurement business process transformation by featuring detailed capability and experience analyses of leading service providers. It provides a 360-degree view of key procurement service providers across practice maturity, domain ecosystem, and investments and innovations, thus helping enterprises in evaluating leading players in the procurement business process transformation space. The 58-page report also highlights top market trends in the procurement business process transformation space and Avasant’s viewpoint on them.
The Evolution of Procurement: Bringing Resilience and Agility in a Time of Disruption
The procurement business function has traditionally been cost-focused. However, supply chain disruptions from recent global crises have shown the need for a more agile procurement process. CPOs are responding by planning for inflation with advanced purchasing, using AI to find alternate sourcing options to deal with disruptions, and even personalizing the requisition experience for all employees to look more like e-commerce. To meet these evolving demands, enterprises are increasingly turning to service providers to transform their procurement functions. Service provider procurement business process transformation revenue grew by 13% between March 2021 and March 2022. These trends and others are covered in our Procurement Business Process Transformation 2022 RadarView™ .