An interview with Mike O’Brien, Chief Procurement Officer and Head of ContractAI at App Orchid and World Commerce and Contracting's President, Tim Cummins.
In a survey conducted by WorldCC and App Orchid in the second quarter of this year, the top 2 highest values stakeholders needed from procurement were:
#1. Contribution to revenue growth
In comparison, procurement practitioners responded that the top 2 highest value items for procurement were:
#1. Cost savings
#2. Risk mitigation
This discrepancy in priorities provides a unique opportunity for procurement to pivot using emerging technology solutions in order to focus more on the contribution to revenue growth and innovation in a company and allow technology to eliminate/augment efforts in other areas.
During this 1 hour webinar, you will learn how:
• Technology is removing effort and augmenting procurement and supply chain teams
• How procurement and supply chain teams can adjust their approach to pivot to the needs of their company
Not able to attend? Register anyway and we’ll send you a link to the recording.