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Top 4 Procurement Trends to Watch: Asia-Pacific
The Asia-Pacific region has remained resilient through the COVID-19 pandemic and geopolitical tensions, learning lessons on surviving global-scale events.
Digitalization of procurement and supply chain management is a critical need to ride out downturns and cement its status as a strategic asset for the enterprise. It can help with supply chain risk mitigation Globalization is being met with cautious optimism while efforts are made to reduce costs, reduce supply chain risk, boost resilience, and drive ESG compliant procurement.
Bigger investments in digitalization along with stronger supplier relationships are key procurement trends for 2023 according to surveys from PwC Global Digital Procurement Survey 2022 & EY Chief Procurement Officer Survey 2022 which surveyed 800+ professionals across 64 countries & 100 CPOโs respectively.
Download the eBook and find answers to questions like:
- How do you mitigate risk of sole source suppliers?
- What does the digital transformation trajectory look like?
- Is cost-optimization still the most -sought-after performance measure?
- Is it time for procurement to finally focus more on ESG and CSR initiatives?
eBook
The Asia-Pacific region has remained resilient through the COVID-19 pandemic and geopolitical tensions, learning lessons on surviving global-scale events.
Digitalization of procurement and supply chain management is a critical need to ride out downturns and cement its status as a strategic asset for the enterprise. It can help with supply chain risk mitigation Globalization is being met with cautious optimism while efforts are made to reduce costs, reduce supply chain risk, boost resilience, and drive ESG compliant procurement.
Bigger investments in digitalization along with stronger supplier relationships are key procurement trends for 2023 according to surveys from PwC Global Digital Procurement Survey 2022 & EY Chief Procurement Officer Survey 2022 which surveyed 800+ professionals across 64 countries & 100 CPOโs respectively.
Download the eBook and find answers to questions like:
- How do you mitigate risk of sole source suppliers?
- What does the digital transformation trajectory look like?
- Is cost-optimization still the most -sought-after performance measure?
- Is it time for procurement to finally focus more on ESG and CSR initiatives?
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