Even though the world started moving back to normalcy at the beginning of 2022, the procurement and supply chain industry faced the aftershocks of the pandemic throughout the year. 2022 witnessed the return of travel, external factors like geopolitical instabilities, intermittent availability of resources, as well as sustainability concerns in the global supply chain, keeping the world of procurement on their toes.
In this edition, we look back at how procurement tackled these obstacles and paved its way through new and redefined strategies. Also, we feature a collateral that throws some light on the future of procurement.
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TEAM SPENDBYTES
Study Report
A recent joint research report from Infosys and HFS Research- curated with inputs from 300 senior procurement executives across 2,000 global enterprises-has firmly established CPOs as the enterprise builders of tomorrow.
Know MoreSuccess Story
Infosys helped a client embrace sustainability in their sourcing process, by delivering over €200k savings in electricity costs, and reducing over 3.3K tons of CO2 emissions per year.
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Opinion
Digital technology is much more than just speeding up processes and making networks more efficient. It is empowering the next-generation procurement capabilities to harness digitalization and create a new procurement function model with a distinct focus on value creation.
Know MoreYou can view our recent newsletters here
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