This report highlights the evolving collaboration between CPOs and CIOs in driving procurement's digital transformation. It reveals trends in outsourcing, data sharing challenges, and the growing role of procurement in strategic IT planning. Read the full report to learn how procurement and IT can work together more effectively.
This report examines how procurement and IT teams can collaborate to drive digital transformation. A survey of 100 leaders shows 66% of procurement teams are involved in strategic IT planning, yet many are underutilized or informed post-decision. The findings emphasize the need for procurement to have a stronger role in technology strategy, leading to better processes and cost savings. Key collaboration areas include identifying redundant software and co-creating optimization strategies. Closer collaboration and dual leadership in tech projects are vital for enhancing procurement's role in IT strategy. Read the full "2024 ProcureCon CPO-CIO Report" for more insights.
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