TECH BUYER May 2020 - IDC Perspective - Doc # US46427320

Post-COVID-19: Procurement Executives Discuss Business Continuity, Supply Chain Resilience, Agile Procurement, and the Future

By: Dr. Ron BabinAdjunct Research Advisor, Aaron PolikaitisVice President of Research, Vendor Sourcing and Management, Joseph C. PucciarelliGroup Vice President & IT Executive Advisor, Martha RoundsResearch Director

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Abstract

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 Outdated and bureaucratic procurement processes will compound the effects of the recession.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.


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