Digital transformation is no longer a “nice to have” -- it is an essential step on a journey towards embracing growing technologies like big data, blockchain, AI, 3d print and virtual and augmented reality. If this transformation is to deliver the expected return on investment, it is vital that procurement is at the heart of it. To make that happen, procurement and supply chain leaders must first confront some inconvenient truths.
In partnership with Supply Management Insider, our latest whitepaper titled “The Digital Transformation Game” can help you face those inconvenient truths, providing insights and methods that enable you to achieve digital transformation within your own business.
Success starts with clarity. Digital transformation sounds obvious – it’s about using digital technology to transform the business, isn’t it? – but different stakeholders will almost certainly have different priorities. That’s why senior management, hopefully guided by the CPO, needs to define, agree and repeatedly communicate their strategic goals.
In the age of cloud computing, technology is evolving so rapidly that companies need to build the internal capability to understand emerging technologies and how they might – or might not – improve corporate performance. Technologies can protect and create value. For senior management to conclude that what they already have is sufficient is a bit like deciding that the company is efficient enough.
Download our white paper for free, to discover the secrets of digital transformation, learn who your real competitors are and gain a once in a working lifetime opportunity to reinvent and rethink your business.
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