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In response to the business environment related to the global pandemic, spend cost reduction and supply risk management are back at the top of the procurement agenda, according to new Key Issues Research from The Hackett Group, Inc. (NASDAQ: HCKT). In 2021, the most popular initiatives for procurement teams are to improve data and analytics, accelerate digital transformation through the implementation of cloud-based suites and best-of-breed solutions, and pilot emerging technologies.
The full research, 2021 CPO Agenda: 10 Key Issues Procurement Needs to Act on Now, is available on a complimentary basis, with registration, at this link: http://go.poweredbyhackett.com/2021prockeyissuessm. Key findings from the research include: