Three Ways to Increase Agility and Support
Exploratory Sourcing Using Procurement Technology
Digital business requires sourcing and vendor management leaders to be more innovative and agile. According to Gartner, a bimodal approach is necessary to achieve this, one that is focused on predictability (mode 1) and on exploration (mode 2).
For the most part, activities in mode 1 such as continuous improvement and increased efficiency are well-understood. This research explores how sourcing and procurement solutions can be configured to shorten cycle times and empower end users to execute exploratory mode 2 sourcing initiatives.
Read this report and learn how:
Business and IT can together explore and experiment to innovate and solve new challenges
Mode 2 sourcing can help manage increasing uncertainty
Configurability across source-to-settle is key to achieving much needed business agility
Gartner Disclaimer: Gartner Inc., Three Ways to Increase Agility and Support Exploratory Sourcing Using Procurement Technology, Magnus Bergfors, Matt Corsi, 9 January 2018.
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