ProcureTech SIGNALS 2023 Issue #3

ProcureTech

Building the digital future of procurement

Published Jan 23, 2023

Welcome to our weekly LinkedIn SIGNALS newsletter!

This week we welcomed procurement leaders from Coca Cola, Mars, BP and Kearney for our 2023 ProcureTech Predictions webinar. They discussed the 70+ predictions from the 2022 ProcureTech100 pioneers and shared their own experiences, successes and struggles of using and looking for the right solutions. To request a recording, email hello@procuretech.co

'70% reveal digitalisation streamlines B2B purchasing processes.'

Most companies seek operational efficiency. Zip 's recent report confirms such desires where respondents shared insights into how workflows could be improved. A hint: digitalisation.

At the Davos 2023 summit, World Economic Forum and Kearney introduced the Global Value Chain Barometer. Featuring billions of data points, it helps organisations anticipate vulnerabilities in their supply chain to avoid facing any further storms.

We're hiring! We're looking for Digital Procurement Consultants to join our mighty and growing team as we build the digital future of procurement. If you're excited about understanding our clients' objectives and challenges, and an expert in digital procurement and the supply market, then it will be great to hear from you - or someone else you think may be as passionate too!

Top 10 2023 Predictions: Revealing the way ahead for digital procurement

This week, we hosted 2023 Predictions & Purpose.

The webinar elicited engaging conversations between the panel, comprised of procurement leaders from Mars , Coca-Cola Europacific Partners , bp and Kearney , where they discussed the 2022 ProcureTech100's predictions for the year ahead. Following on from the session, we're excited to share the Top 10 Predictions for 2023 as voted for by the webinar attendees.

Find out which 2023 Predictions are in the Top 10.

So you want better productivity? 70% reveal digitalisation streamlines B2B purchasing processes

Achieving greater operational effectiveness is at the heart of most company initiatives.

Meanwhile digitalisation is a key and critical enabler for enterprise success. Zip's 2023 Trends in B2B Purchasing report looks into how organisations are addressing today's complex procurement processes, where end-to-end B2B purchasing workflows have remained stagnant for over a decade.

Learn more about the report and how purchasing can be improved here.

Past the point of no return for Supply Chains?

How to manage the impact of disruption.

Over the last week, companies, leaders and nations have come together at the World Economic Forum’s 2023 Meeting in Davos. A few of the 2022 ProcureTech100 have been spotted there too! At Davos 2023, Kearney and WEF introduced the Global Value Chain Barometer which identifies 3 megatrends driving disruption, but also suggests how to combat them.

Find out more about the Barometer.

News

Experiences

The must-attend digital and procurement experiences...

🎉 Embracing the circular economy through the marketplace model Mirakl 25 January

🎉 Successful strategies to combat inflation and preserve profitability Ivalua 9 February

🎉 Scoutbee Predicts 2023 Scoutbee 9 February

🎉 Big Ideas Summit Procurious 9 March London

🎉 Why ESG is important for FinTech Trakti 31 January

Podcast

This week's podcast...

🔎 How can you prepare for technological transformation within the procurement community? David Yarkin , Founder and CEO of Procurated , joins HICX to discuss technology's increased role in the future of procurement, and why the supplier's perspective is important. Listen here 🎧

If you enjoyed this newsletter, then please share with your peers and friends, more collaboration and conversation = more inspired action!

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