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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