The Decentralisation of Procurement: Shaping Future Trends in 2024
The landscape of procurement is undergoing a significant transformation, one that promises to redefine how businesses manage purchasing and supply chain operations. At the heart of this transformation is the decentralisation of procurement. Unlike traditional centralised procurement operations where a singular procurement team oversees all purchasing activities, decentralisation empowers individual stakeholders and employees to make purchases for their respective departments. This shift towards a more distributed model of procurement is not just a fleeting trend but a strategic move embraced by an increasing number of companies to enhance operational efficiency and adaptability. The Rise of Decentralised Procurement Recent statistics reveal […]
Unveiling the Power of AI in Modern Procurement
Delve into the revolutionary capacities of Artificial Intelligence (AI) within the procurement landscape.