A new Gartner report offers insights into how supply chain leaders can modernize their sourcing and procurement technology to better anticipate changing market dynamics, inform strategic decision-making, and maintain alignment across their enterprise application strategy.
As part of the report, Gartner recommends that retail and supply chain leaders:
- Identify the appropriate P2P solution by defining the scope of sourcing and procurement requirements
- Reduce the complexity of back-end infrastructure by using S2P suites to standardize and optimize procurement in multi-ERP scenarios
- Improve operational flexibility by using vendors’ prebuilt APIs to enable unique or advanced capabilities