The Evolution of Procurement Technology Enabling Supply Management Efficiency

Transcription

1 The Evolution of Procurement Technology Enabling Supply Management Efficiency CIPS Be More Than Procurement Glasgow, 17 th November 2016 Richard Hogg, BravoSolution

2 Agenda Introductions The History of Procurement Procurement's Technology Evolution Moving from Tactical to Strategic, to Collaborative to Business as Usual The Benefits of Technology to Supply Management Efficiency Future Thoughts on People, Process and Technology Q&A

3 Richard Hogg Managing Director - UK & Ireland, Middle East and North Africa Richard has over 15 years experience supporting organisations maximise investments in enabling technologies, with a specific focus on the procurement landscape since A member of the BravoSolution team since 2005, Richard has held direct delivery responsibility for wide ranging solutions including spend analysis, category sourcing, eauctions, supplier and contract management including leading change management programmes within public and private sector organisations. Prior to BravoSolution, Richard was Head of esourcing for Achilles Group, Consultant for Intershop and Graduate Engineer for CSC. Richard is an Engineering Graduate from the University of Manchester.

4 The History of Procurement

5 The History of Procurement A Timeline? s -1990s

6 Procurement Technology (Re)evolution

7 AUTOMATION IS HERE! Point of NO RETURN FOR EVERYBODY!

8 Analysts state that in order to save 30 cents in every dollar spent, organizations should have the correct blend of people, process and technology Reaching Sourcing Excellence, Gartner (2009)

9 Procurement Technology Evolution The Last 30 Years Technology eprocurement Auctions etendering /Fax Paper Time

10 Moving from Tactical to Strategic, Collaborative to Business as Usual

11 Moving from Tactical to Strategic How to achieve business as usual empowered by Technology Approach Business as Usual Collaborative Integrated Connected Siloed Systems Manual Time

12 The Benefits of Technology to Supply Management Efficiency

13 Generating Value in Procurement How technology can deliver efficiency Drive sustainable savings Realise best value, not just best price, from supply base with a Gain clear insight into your supplier data to identify opportunities for innovation Ensure compliance and mitigate risk Bring visibility and transparency to all procurement processes with standard, repeatable processes that have a traceable audit trail across the project Assess and monitor suppliers for risk from on-boarding to contract termination Real-time alerts to immediate issues reduce exposure to supply chain risks Improve productivity Suite integration helps eliminate downstream errors Powerful, yet easy-to-use functionality encourages rapid adoption and builds internal capabilities Improved processes reduce project burdens and free up team resources

14 Future Thoughts on People, Process and Technology

15 People, Process & Technology What s Coming? The pace of change in technology is accelerating dramatically at the moment. Organisations in 2020 will be impacted by: Technology Data Demographic shifts We are already seeing the need for data-driven procurement professionals and that s set to continue!

16 People, Process & Technology What s Coming? An increase in professional networks Business Communication will become increasingly virtual That s an issue for information-flow control But it s also an opportunity for greater collaboration with suppliers and peers New expectations on data transparency, access and security By 2020, more than 15% of all the information in the digital universe will either live in or pass through the cloud. By 2020 we expect there to be over 22 billion devices communicating over the internet In the future there will be increased focus on the security of cloudbased solutions

17 The technology revolution has brought us a lot - a dramatic improvement in what we know about customers and how we interact with them, markedly better information for making decisions, and the ability to work through virtual teams scattered around the globe. Harvard Business Review (2011)

18 Any Questions?

19 Thank You CIPS Knowledge Area for esourcing & eprocurement