Procurement Challenges & Motivations
“Need to keep up with changes in technology, to remain competitive“ seems to be the new corporate mantra for success as use of enabling procurement technologies (EPTs) continue to rise over the last decade. While analysts agree that recent advancements in procurement automation software has done to procurement what invention of assembly line did to car manufacturing, the factors for adoption remain elusive.
Based on a two-phase industry study conducted by Michigan State University and Zycus, our experts investigates various factors which drive or inhibit user adoption of procurement technologies, including:
Current state of user adoption for procurement technology
Challenges faced during and after technology implementation
Effect of technology on supplier management