ProcureTech SIGNALS 2022 Issue #39
Welcome to?ProcureTech's weekly LinkedIn newsletter!
This week, Archlet shares the 8 building blocks of successful procurement technology implementation, proving it?doesn't have to be as difficult as some executives might have experienced.
'More than 50% cite digital solutions as important to advancing their sustainability objectives.'
IBM 's survey findings from nearly 2,000 C-level executives reveals there is still more to be done: a lot of talk but not enough action. What challenges are holding them back from seeing results sooner?
科尔尼 compares Indonesia's digital transformation to China's, suggesting there are many lessons to be learned from their success, with a key focus on investment in digital and startups.
8 building blocks of successful procurement technology implementations??
Implementing procurement technology requires more than simply buying a software license.
Archlet outlines 8 key steps to build a successful procurement technology implementation, as many executives are reminded of past experiences through?lengthy and costly endeavours. It doesn't need to be difficult; there is?a simpler way to implement SaaS without much involvement from IT teams.
86% of companies have a sustainability strategy - only 35% have taken action ??
Lots of talk is happening, but not enough action.
Achieving sustainability demands transformation, which comes through implementing digital technology, data and metrics. However, over 1900 survey respondents comprised of C-level executives from across electronics, automotive, agriculture?and more, shared their challenges when trying to achieve a more sustainable strategy - why is more not being done?
'We want to be the world's 5th to 7th?largest economy by 2045' ??
What will make Indonesia's digital transformation work?
科尔尼 looks at how Indonesia can take inspiration from China as it seeks to improve its industry competitiveness, placing an emphasis on accelerating its need for digital. Can digital transformation help Indonesia become a top-10 economic powerhouse?
News
The news that matters this week...
?? Digital account startup Frost raises ￡1.1m to disrupt paycheque management
?? Per Angusta, a SpendHQ company : should you buy or build a Procurement Performance Management solution?
领英推荐
?? AI data construction platform Disperse secures $16m to create digital construction sites
?? Simfoni suggests 4 quick wins to improve your bottom line, thanks to digital and analytics
?? Democratise your data: Part Analytics breaks down what it means, and what digital transformation means for you
Experiences
The must-attend digital and procurement experiences...
???Sifted Summit Sifted?5-6 October
???United by the Power of Spend Coupa?6 October
???Knowledge Conference The Project A?7 October, Berlin
???CLOC?Legal EMEA Summit CLOC?10 October, London
???WIRED Smarter WIRED?11 October
???Supplier Management: New pathways to growth Vizibl?12?October
???Procurement & Supply Chain Management in Oil & Gas Prospero Events?18-19 October
???AI World Congress AI?Conference?27-28 October
???Slush 2022 Slush?17-18 November, Helsinki
Podcast
Check out the featured podcast...
?? Zylo speaks to Aaqil Kassamali , Senior Manager of Procurement at Hootsuite , where he describes how his function has become the heart of the company's SaaS Management program.?Listen here???
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As usual, we'd also love to hear your wisdom, feedback and suggestions on any 'hot'??? digital procurement topics or events you'd like to hear more about or to share.
The?ProcureTech?Team