Bridging the gap -How smart procurement technology can help companies overcome the digital skills shortage

83% of UK businesses believe better digital skills in procurement would have enabled them to mitigate the impact of the COVID-19 outbreak more effectively

By: Ivalua | Date: 19 Oct 2020

Procurement has transformed from a cost-cutter to a vital ally over the last decade, supporting business strategy and helping to mitigate supply chain risk. The global COVID-19 pandemic has accelerated this trend, reinforcing the importance of procurement as companies adapt to the new normal.

Procurement leaders are starting to step into the role of a key business partner, that contributes significant strategic value to the company. Investment in procurement technology and digitisation has also increased, giving procurement professionals more visibility in the supply chain and ability to make better informed decision through data analysis.

This, however, lead to a talent shortage whereby businesses are struggling to empower their people with the digital skills they need to make the most of such new technologies.

Read the full report to:

  • Understand the importance of addressing the procurement digital skills gap
  • See how a lack of digital skills can harm organisation’s ability to identify risk and opportunity in the supply chain ahead of time
  • Learn how the Ivalua platform can help lower the barrier to entry for procurement professionals looking to utilise emerging technologies such as AI

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