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Ivalua recently announced the results of its third International Procurement Executives Survey. The survey is the latest edition of Ivalua’s market research into the priorities and challenges facing today’s procurement teams, and this year's effort focused on the impact that digital technologies are having on the procurement function. 450 procurement executives from 29 countries representing 321 companies were surveyed for this report.
Executives who took part in the survey between May and August of this year were asked about the impact of digital technology, notably in terms of strategy and processes. Risks, gains and associated opportunities were also covered, as well as the evolution of intra-company and external relations, the development of new management methods and the integration of digital technologies.
Results from this year’s survey shed light on several relevant and instructive themes for procurement professionals, including the Digitalization of Procurement, Procurement & Big Data, Procurement & Mobile Technologies, Procurement & Cloud-Based Solutions and Procurement & Social Media.
Findings from this report include: