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Procurement ‘should be based on data, analytics’
DUBAI, February 18, 2021 All procurement decisions should be founded on data and analytics, says a new book by partners at global management consultancy Boston Consulting Group (BCG). To make this happen, companies need to stop focusing on individual tools and instead define how the full value potential of digitization can be unleashed across the end-to-end procurement process. The book, “Jumpstart to Digital Procurement: Pushing the Value Envelope in a New Age” by Wolfgang Schnellbächer and Daniel Weise, is based on insights gained from nearly 100 digitally focused procurement projects in the past two years.