Could COVID-19 be the tipping point for Digital Transformation in Procurement?

Will COVID-19 be the tipping point for digital transformation in Procurement? That was the questions asked by Ivalua as part of a recent study, and the question that Alex Saric, CMO of Ivalua, sits down to explore in today’s episode.

We also look at whether COVID-19 has propelled the digital procurement conversation forward or held it back as organisations look at cutting costs during uncertain times? And we ask: what will become of the traditional supplier relationship model and what role will digital solutions continue to play in defining the supplier relationships of the future?

Chapters

• 1:36 Who is Alex Saric?
• 2:47 The digital transformation of procurement: where were we prior to COVID19?
• 4:20 The road blocks to digital transformation
• 7:46 A time for reflection: learning from challenges and mistakes
• 8:57 Key examples of success in the digital transformation of procurement
• 11:54 Key technologies defining the digital transformation of procurement
• 14:42 COVID19: The tipping point for Digital Transformation in Procurement?
• 17:30 COVID19: An inherent reluctance to investing in digital transformation?
• 19:34 COVID19: biggest challenges for procurement functions
• 22:53 COVID19: goodbye to preconceived notions of procurement?
• 25:37 COVID19: thriving as a business and championing successes
• 28:05 COVID19: Does procurement has an image problem?
• 29:46 Procurement and digital transformation: The keys to success...