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Procurement executives are facing extraordinary new opportunities to be at the forefront of global business transformation. Digital tools are revolutionizing the way that companies develop, make, and distribute their products and services.
But the confluence of global trends, changing industry ecosystems, and groundbreaking digital technologies has also left growth-seeking companies awash in complexity—often without a way to bring this complexity to order.
The right set of differentiated operations capabilities in sourcing and procurement can help companies turn complexity into competitive advantage. Operations and procurement leaders are focused on developing these differentiated capabilities, with specific attention to digital solutions. In fact, one recent survey from Bain & Company and Procurement Leaders, shows that 80% of CPOs feel increased pressure to roll out digital solutions to drive operational efficiency.
On December 16, 2019, in a live Harvard Business Review webinar, the head of Bain & Company’s global procurement practice will discuss reimagining procurement with a strategic lens. He will examine:
- The rising complexity among global businesses
- How this complexity affects operations and procurement
- How companies are creating differentiated operations capabilities
Join Caperton Flood and HBR on December 16 to learn how your company can reimagine procurement as a strategic function and create differentiated capabilities for competitive advantage.