Procurement Strategy & Planning Content

2021 Procurement and Supply Chain Predictions from the market — EcoVadis and Ivalua

sustainability

Last year at the end of December 2019, we ran a series of predictions about procurement and supply chain trends for 2020 from expert tech and service providers in the market. But who could have foreseen what happened in 2020! This year, the market again provides its predictions for the next 12 months, using learnings from the past year. Today we look at what CSR/sustainable procurement experts EcoVadis, and spend and supplier management leaders Ivalua have to say.

2021 Procurement and Supply Chain Predictions from the market — SAP (part 1)

SAP procurement strategy

Last year at the end of December 2019, we ran a series of predictions about procurement and supply chain trends for 2020 from expert tech and service providers in the market. But who could have foreseen what happened in 2020! This year, the market again provides its predictions for the next 12 months, using learnings from the past year. Today we look at what enterprise technology and intelligence firm SAP foresees.

What is Procurement Technology? FMC Technologies’ Top-Down/Bottoms-Up Approach

FMC’s procurement leadership team sees one reason behind their successful technology rollout as the combination of their solution approach (i.e., locking down the structure) and their localized bottoms-up approach to content. In other words, ensuring that each region’s reporting and tracking needs are addressed. Moreover, the highly configured and customized deployment approaches recognize the unique aspects of FMC Technologies’ business, including the difficulty of introducing new suppliers (i.e., they rarely switch suppliers).