One of the presentations at eWorld last week came from Alex Saric, Global Vice President Marketing, SAP Ariba. He talked about “Thriving in the digital networked world – how Procurement can lead the way,” – digital disruption is not just about a technology shift, he says.
As we know, new digital technologies affect not just goods and services, but business models, and the rate of change, or ‘disruption,’ varies widely depending on the industry. So what about Procurement? Whether you believe digital disruption is coming, or has already taken place, it’s important to acknowledge that it’s not something to fear. Here’s a synopsis of Alex’s comments on how to face that challenge; it’s interesting to see where he thinks procurement sits in this transformational age: