![]() This strategy is a plan to obtain necessary supplies via automated tools in the most cost-effective way. You need to create an e-procurement strategy that will guide your business procurement and supply processes. īut adopting technology doesn’t guarantee immediate results. As many as 95 percent of firms adopted technology in their procurement and supply practices according to the CIPS’ 2020 Digitisation in Procurement and Supply Report. This explains why more organizations are adopting an e-procurement strategy. ![]() If it sounds familiar, you’d agree that manual procurement is very tedious and time-consuming. You are staring at Excel sheets trying to make sense of the numbers before the important meeting with your largest supplier that starts in a few minutes. Imagine this scenario: Your desk is full of piles of paperwork waiting to be processed and there’s some more on the way.
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