Editor’s Note: Please join Ardent’s Founder and Chief Research Officer, Andrew Bartolini, this Thursday, February 27th at 1 PM ET on a webinar, The Decade of Data (2020s) and How it Will Impact Procurement (click to register). He along with a special guest from Scout RFP will discuss the future role that data will play in the procurement function and how Chief Procurement Officers (CPOs) can put their teams in the best position to succeed.
In the digital age, organizations as a whole and procurement departments in particular swim in data. It is everywhere, spread across an alphabet soup of internal and external systems – some connected, some not; some refined, some not; some structured, some not. For those working in procurement and supply management, working with data presents a big opportunity.
Both standard and advanced automation tools are about to reinvent how procurement teams manage and utilize data in the short-term and redefine what procurement teams should focus on and what they need to do to drive value in the next decade. In this new “Decade of Data,” CPOs cannot sit idly by. They must work aggressively to become more data-driven in order to capitalize on this extraordinary opportunity or be left far behind.
Over the next decade, Ardent predicts that the next great path to procurement performance improvement will be blazed with a new generation of procurement analytics and data-driven strategies. A new type of intelligence will then emerge from procurement’s “Big Data” that will enable CPOs to view their operations differently. What’s more, it will both empower and force these same CPOs to develop new, smarter strategies and approaches to continuously innovate and adapt throughout the next decade.
Join Andrew Bartolini, founder and chief research officer at Ardent Partners, and Stan Garber, vice president and co-founder of Scout RFP, for a webinar, The Decade of Data (2020s) and How it Will Impact Procurement on Thursday, February 27 at 1:00 pm EST. In this latest installment in our monthly webinar series, Andrew and Stan will discuss the importance of data in procurement operations and performance today, and then project on how data will impact and fundamentally change the profession in the next decade. Chief Procurement Officers and aspiring procurement leaders should not miss it.
WEBINAR DETAILS:
Date: Thursday, February 27, 2020
Time: 1 p.m. ET
Duration: 60 Minutes with Live Q&A
SPEAKERS:
Andrew Bartolini, Founder and Chief Research Officer, Ardent Partners
Stan Garber, Vice President and Co-Founder, Scout RFP