The use of technology to make decisions relating to the supply must be complemented by human reasons. It is essential for procurement professionals to focus on the process both before and after award of a contract, not only on the tendering process.
Before IT services go to the shopping market for supply technology, they should receive feedback and support of the purchasing department in preparing their writing needs. You can even talk to the experts for the procurecon marketing in Europe and get an idea for your business.
A common operating model – Although it may seem tedious, move to a form of automation is really worth it. Indeed, it will prove more profitable to run a business with a common operating model, rather than designing your technology around the different variables. It is important to maintain regional differences as thin as possible.
Understanding your spending – It is impossible for a procurement team to operate successfully without fully grasping their spending. Every business needs to embrace technology that can help them understand their expenses, so that the human element of the procurement team is able to use it to make informed decisions.
Segmented Base suppliers – Investing in technology procurement as a way to segment your supplier base, so that they receive treatment which varies depending on their segment.
Training – To help your employees understand the basics of supply, it is important to offer a technology training program. This may include some basic concepts such as not to reveal the supplier that the company's budget.