TECH BUYER May 2020 - IDC Perspective - Doc # US46427320
Post-COVID-19: Procurement Executives Discuss Business Continuity, Supply Chain Resilience, Agile Procurement, and the Future
This IDC Perspective shares the experiences of senior procurement executive leaders as they chart their course to find the "next normal." Agility and speed will be the key to a successful recovery for most organizations. Outdated and bureaucratic procurement processes will compound the effects of the recession.
"Pivoting away from traditional procurement practices and toward agile sourcing can make a significant positive impact to your recovery," says Aaron Polikaitis, vice president of research, IDC's Vendor Sourcing and Management practice.