Gartner® Predicts 2022: Embrace a Composable Procurement & Strategic Sourcing Strategy

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

 

Gartner Predicts 2022: Embrace a Composable Procurement and Strategic Sourcing Application Strategy, Micky Keck, Kaitlynn Sommers, Patrick Connaughton, Balaji Abbabatulla, 2 December 2021
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